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Crypto News

South Korea’s BDACS Debuts First Korean Won–Backed Stablecoin KRW1 On Avalanche

BDACS has launched KRW1, a South Korean won-backed stablecoin, after completing a full proof of concept. The company said the token is backed 1:1...
Crypto Investment News

Avalanche Seeks To Raise $1B For Treasury Firms To Purchase AVAX At A Discount, AVAX Price Jumps By 9%

The Avalanche Foundation is moving ahead with a bold plan of raising $1 billion using two separate treasury initiatives to strengthen its ecosystem and...
Avalanche News

Grayscale Submits S-1 Filing To The SEC For A Spot Avalanche $AVAX ETF Proposal

Grayscale Investments has formally submitted its S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), in an effort to obtain approval for...
Avalanche News

Cardano, Avalanche Lead Layer 1 Surge With 27% Gains, ATOM Follows At 20%

The cryptocurrency market has witnessed a significant surge across Layer 1 tokens, with multiple platforms showing substantial gains in a 24-hour period.  The rally has...
Avalanche News

Grayscale Launches Avalanche Trust, AVAX Price Jumps 10%

Grayscale Investments, the world's largest crypto asset manager, has announced the launch of the Grayscale Avalanche Trust. This new investment product offers accredited investors...
Avalanche News

Avalanche Partners With California DMV To Digitize 42 Million Vehicles In Blockchain

Avalanche, a decentralized, open-source blockchain platform, has announced a major partnership aimed at revolutionizing the vehicle title transfer process in California. In collaboration with...

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