A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi. According to reports, Chainlink’s price oracle for the deUSD stablecoin inaccurately reported its value at $1.03. The incorrect data triggered liquidations for users holding deUSD-denominated debt on Avalanche’s Euler […]
Key Notes FIFA is working with Avalanche to build its own EVM blockchain to host future digital products. FIFA Collect will move from Algorand and Polygon to the new Avalanche-backed chain. Recent upgrades and growth on Avalanche have made it a good choice for FIFA’s new blockchain. The world football governing body, FIFA, is building
FIFA To Build EVM Blockchain In Partnership With Avalanche Read More »
Key Notes Avalanche recorded a 200,000% rally in its NFT sales. Total NFT sales reached five-month highs. Avalanche also recorded the most expensive NFT sale in 24 hours. Avalanche AVAX $21.65 24h volatility: 2.4% Market cap: $9.03 B Vol. 24h: $343.15 M is seeing an impressive rise in its non-fungible token sales volume, mainly coming
Avalanche NFT Sales Hit 5-Month High — Is the Surge Real? Read More »
Key Notes Active addresses on Avalanche reached a new all-time high of 1.95 million. MMORPG game MapleStory Universe likely brought a boost to the L1. BlackRock’s sBUIDL comes to the Euler protocol on Avalanche. Avalanche (AVAX) is gaining bullish momentum again, but with major catalysts from BlackRock and MapleStory this time. According to Wu Blockchain,
AVAX Still Below 23 dollars – Here’s How It’s Preparing for the Bull Run Read More »
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Top Indicator Flashes A Buy Signal Read More »
Avalanche’s native token, $AVAX, has struggled to maintain momentum despite an 8.6% gain over the past week. Launched in September 2020 as a scalable alternative to Ethereum for decentralized applications (dApps) and smart contracts, Avalanche has become one of the top 15 cryptocurrencies globally, boasting a market capitalization exceeding $9.2 billion. $AVAX is down 1.2%
