Blockchain Adoption: CitiBank Trials Tokenization Of Private Equity Funds On Avalanche | Bitcoinist.com

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CitiBank, one of the world’s largest banks, has successfully conducted a simulation demonstrating the tokenization of a private equity fund on the Avalanche blockchain network, specifically using Avalanche’s Layer 1 Spruce subnet.  Interestingly, this development has the potential to accelerate the adoption of distributed ledger technology in the financial industry, particularly on Wall Street. Blockchain […]

XRP And Dogecoin Flip Solana, Avalanche To Be Among Most Liquid Cryptocurrencies

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altcoin news, avalanche, Avalanche price, avax, Bitcoin, Doge, dogecoin, dogecoin price, dogeusdt, Ethereum, liquidity, SOL, solana, Solana price, SOLUSDT, XRP, XRP price, XRPUSDT

An analysis by blockchain analytics platform Kaiko revealed that XRP and Dogecoin (DOGE) are among the top four most liquid cryptocurrencies, only trailing Bitcoin (BTC) and Ethereum (ETH). This finding challenges the conventional wisdom that market capitalization is a wholesome metric for evaluating a cryptocurrency’s price, and thus, liquidity. XRP, Dogecoin among most liquid coins […]

Did Avalanche Founder Just Label Polygon As “Unreliable” And “Non-Functional”?

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avalanche, Avalanche price, avax, AVAXUSDT, Ethereum, gaming, Matic, MATICUSDT, Polygon, Polygon price

Earlier today, on December 12, Luigi D’Onorio DeMeo, the Head of Decentralized Finance (DeFi) at Avalanche, revealed that Mirai Labs, the studio behind Pegaxy, a PvP horse racing game, has migrated from Polygon, an Ethereum sidechain, to its Avalanche subnet–a customizable blockchain secure by the mainnet. While this news is undoubtedly a positive development for Avalanche, […]

Avalanche Joins Cosmos Via IBC, Is This Super Bullish For DeFi?

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Avalanche, a high throughput blockchain using the Snow Protocol for consensus, is joining Cosmos, according to the latest Interchain Foundation (ICF) update on October 31. Interchain Foundation, the non-profit organization that stewards the Cosmos ecosystem, revealed that the Landslide Network, a platform bridging IBC-enabled platform to Avalanche, is developing a light client on Avalanche. This client […]

Avalanche Is Sunsetting SnowTrace: Big Upgrade For Developers?

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Altcoins, avalanche, Avalanche price, avax, AVAXUSDT, C-Chain, Ethereum, etherscan, SnowTrace

Avalanche, a platform claiming to have solved the blockchain trilemma of scalability, security, and decentralization, is retiring SnowTrace, a Contract Chain (C-Chain) explorer run by Etherscan, by the end of November. According to Emin Gun Sirer, the founder of Ava Labs, the team developing Avalanche, the new explorer, will be developed in-house and boast more […]