The locked-token sale saw participation from more than 40 companies.
Avalanche secured $250 million from a fundraising round led by Dragonfly, ParaFi Capital, and Galaxy Digital.
The Avalanche Foundation announced raising $250 million through a private token sale to support its blockchain platform, according to a Dec. 12 statement. The funding round had around 40 participants, including leading firms such as Galaxy Digital, Dragonfly, and ParaFi Capital.
The Avalanche Foundation raised $250 million fundraising, with funds aimed at enhancing its platform's scalability and efficiency.
The sale follows shortly after the Avalanche9000 upgrade went live in a testnet environment.
More than 40 venture capital firms pitched in to help Avalanche Foundation raise $250 million ahead of its major "9,000" network upgrade.
The investment will support the Avalanche9000 upgrade, currently in testnet, designed to reduce blockchain deployment and transaction costs.
The Avalanche Foundation secured $250 million from investors like Galaxy Digital and Dragonfly to foster strategic partnerships.
Avalanche's funding boost signals growing confidence in blockchain scalability and multi-chain solutions, potentially reshaping crypto dynamics. The post Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital appeared first on Crypto Briefing.
Uplink is a decentralized internet connectivity platform, allowing users to share their existing internet and incentivizing new internet deployment in under connected areas.
Ethereum rival Avalanche has $3 billion in capital in its treasury but that isn't stopping the blockchain platform from fundraising amid recent crypto euphoria.
As the price of Bitcoin stays above the $100k mark, the crypto market has displayed a strong bullish recovery over the last 24 hours. Moreover, the AVAX price has outperformed top crypto tokens with a double-digit rally during this period.
Avalanche (AVAX), a decentralized Layer-1 (L1) blockchain, and Sports Illustrated Tickets, a primary and secondary ticketing marketplace, have partnered up to make Sports Illustrated Stadium the first sports venue to utilize blockchain-based ticketing for all events, as highlighted in the most recent reports shared with Finbold on Thursday, December 12.
Haun Ventures and Dragonfly Capital have co-led a $9 million funding round for Commonware, a startup building "state-of-the-art" tools.
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
According to software developer Patrick O'Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.
GSTechnologies Ltd (LSE:GST)'s wholly owned subsidiary, GS Fintech UAB, has entered into a business purchase agreement to acquire CAKE's business and assets, including the Bake cryptocurrency platform. The acquisition aligns with GST's strategy to enhance the international reach and technological capabilities of its GS20 Exchange.
Early Bitcoin mined by Satoshi Nakamoto could become vulnerable to quantum computing, says Avalanche's Emin Gün Sirer, who is urging to consider freezing these coins. Emin Gün Sirer, the founder of Avalanche (AVAX), sparked debate in a Dec.
Toncoin's recent price drop has shaken investor confidence, marking a notable downturn for the native token of The Open Network. Meanwhile, AVAX is experiencing a price surge, though its recent gains face critical resistance levels that could impact momentum.
Avalanche cools down at $40 after the daily candle erases 14-day gains. A transaction volume spike hints at a possible rebound.
PancakeSwap (CAKE) is making a return, but will avoid the reward model that will lead to token inflation.
This method lets you donate, stake, and earn rewards for charities in a way that benefits everyone. Here's how it works: When you donate AVAX to a special charitable account called a Donor-Advised Fund (DAF).
Ava Labs founder and CEO Emin Gün Sirer proposed freezing Satoshi Nakamoto's estimated 1.1 million BTC. He cited potential vulnerabilities in early wallet cryptography.
Bitcoin (BTC) continues to correct below its $100,000 milestone. As of Dec. 19, the top cryptocurrency was down approximately 7.50% from its record high of $103,620 (data from Bitstamp), trading for around $95,950.
The rise of quantum computing could challenge cryptocurrency security, potentially reshaping financial systems and investment strategies. The post Satoshi's Bitcoin holdings at risk as quantum computing advances, says Ava Labs co-founder appeared first on Crypto Briefing.
Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?
AVAX could rebound at $50 and offer short-term gains, thanks to a liquidity set-up.
The price of Avalanche (AVAX) has continued to rise after a recent downtrend. The bullish momentum peaked at $55 and started to falter below the recent high.
Avalanche [AVAX] could be set for a major upward move, but its path depends on several critical factors.
AMBCrypto attempted to gauge the expected price performances of these altcoins over the next 6-12 months.
Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased.
Chef Kids, PancakeSwap's Head Chef, said SpringBoard differentiates itself from alternatives “by offering an all-in-one token launch process.”
BNB Chain launches a Memecoin Daily Airdrop Series, purchasing 33 BNB worth of top memecoins to distribute to BNB and CAKE holders from December 12-19, 2024.
PancakeSwap's daily trading volume reached $1.27 billion on Dec. 4, the highest single-day trading volume the decentralized exchanged has seen since March of this year.
PancakeSwap set a new benchmark in the DeFi space, recording a single-day trading volume of $1.27 billion on December 4.
Whether you're dreaming up a meme coin, building a community token, or starting a DeFi project, SpringBoard makes it simple, fast, and affordable. And the best part?
A widely followed crypto analyst says that three prominent altcoins including Ethereum (ETH) look primed to skyrocket.
Bitcoin may consolidate in the near term while select altcoins continue to outperform.
The Avalanche ecosystem has been action-packed in recently since Avalanche9000 upgrade, and AVAX price upside could just be getting started.
Pancakeswap's Springboard provides an all-in-one platform for creating and launching tokens on the BNB Chain. Springboard for Tokens on BNB Chain Pancakeswap, a decentralized exchange (DEX) on the BNB Chain has launched Pancakeswap Springboard, a single platform that eliminates the need for coding and enables developers, creators, and projects to quickly deploy their project's tokens.
PancakeSwap expanded into a new user-created meme token launchpad, SpringBoard.
SpringBoard's liquidity pairing mechanism eliminates dependency on external sources.
PancakeSwap, a leader in decentralized finance (DeFi), has unveiled SpringBoard, a streamlined token creation platform designed for the BNB Chain.
PancakeSwap unveiled its SpringBoard platform, enabling seamless token creation on BNB Chain without coding expertise.
PancakeSwap, a well-known DEX on the BNB Chain network, has just introduced a new platform that allows launching a token without code.
Leading DeFi platform PancakeSwap on Wednesday marked a monumental stride, introducing a new token launch portal for BNB Chain, SpringBoard. This new platform is much-touted to be similar to Solana's token launch platform Pumpfun.
Projects can configure and deploy their tokens within minutes without technical skills or coding. The post PancakeSwap Reveals No-Code Token Launchpad Platform ‘SpringBoard' appeared first on Cryptonews.