Avalanche


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Avalanche Says Luna Foundation Guard Has ‘No Plans' for AVAX Tokens

Smart-contract blockchain Avalanche said in a tweet that Luna Foundation Guard (LFG), the entity behind Terra blockchain's failed UST stablecoin, has “disclosed no plans” for the 2 million AVAX tokens currently sitting in its treasury. "The Hash" hosts discusses the "collaboration gone wrong" and why this is a developing story to watch.

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Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX Tokens

Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.

Avalanche (Pixabay)

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ApeCoin Migration Draws Interest From Avalanche, Flow

The Bored Ape Yacht Club-linked ApeCoin DAO is in talks with layer 1 suitors as the project considers a post-Ethereum future.

(Mario Tama/Getty Images)

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Terra to Provide UST Liquidity on Polygon-Based SynFutures

Terra will provide liquidity for TerraUSD (UST) trade pairs on Polygon-based decentralized finance (DeFi) exchange SynFutures as the stablecoin continues to grow in popularity. “The Hash” group discusses the Luna Foundation Guard’s (LFG) bitcoin acquisitions to back the digital asset and Terra’s efforts to build cultural bridges with external ecosystems like Avalanche. 

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Valkyrie Launches Avalanche Trust for TradFi Exposure to AVAX Token

The investments firm has already lined up $25 million for the single-asset trust.

The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)

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Highlights From Crypto Bahamas Conference

CoinDesk's Zack Seward, Tracy Wang and Danny Nelson share their key takeaways from this year’s Crypto Bahamas conference, highlighting the participation of Wall Street players. The panel discusses which projects are more represented than others, noting that there seems to be more presence of Solana and Avalanche developers and projects than those involved in Ethereum.

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Crypto Funds Saw Minor Outflows Last Week

Some $7 million flowed out of digital asset funds in the week through April 22.

Some $7 million flowed out of digital asset funds in the week through April 22. (CoinShares)

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Bitcoin Price Eyes 200-Day Simple Moving Average

The Strategic Funds Managing Director Marc Lopresti provides his analysis on bitcoin's next move after a three-day price rally. Lopresti also explains why his firm is bullish on altcoins like Avalanche and Solana. Plus, a conversation about the continued growth of institutional interest in crypto, noting a rumored partnership between FTX and Goldman Sachs.

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Ava Labs Set to Raise $350M at $5B Valuation: Report

The valuation would put the blockchain builder in the upper echelons of the crypto world by that measure.

Avalanche (Pixabay)