Avalanche's blockchain platform processed over 60,000 ticket transactions for the upcoming FIFA World Cup, increasing transaction volume by 24 times and active addresses by 10 times. FIFA introduced 'Right to Buy' digital tokens on Avalanche, allowing fans to secure ticket purchase rights through a digital platform. This surge demonstrates blockchain's seamless integration into user experiences without users needing to focus on the technology itself. However, regulators in Switzerland and the US have raised concerns and launched probes into FIFA's ticketing practices involving these tokens.
NEC Corporation and Ava Labs signed a memorandum of understanding to develop a system combining biometric face recognition and stablecoin payments on Avalanche's blockchain. The system aims to allow tourists in Japan to verify their identity and make...
The BNB Foundation completed its 37th quarterly burn on October 19, removing approximately 1.65 million BNB tokens, which is about 1.25% of the total supply after the burn. This burn is part of an ongoing program that adjusts the amount burned based ...
Avalanche's native token AVAX traded at $8.32 on November 3, marking a 3.22% decline over 24 hours and dropping below the $9 mark. Earlier readings showed AVAX at $8.90 on November 1 and $8.48 on October 31, indicating some volatility in recent days....
This week, several cryptocurrencies have scheduled token unlocks, with Bitway (BTW) leading by unlocking about 101 million tokens valued at $114 million, representing 3.37% of its circulating supply. Kite (KITE) will release 640 million tokens worth ...
Avalanche (AVAX) saw its price increase to $8.90 on Binance's spot market, up 3.17% within one hour and 4.34% over the past 24 hours. This price movement reflects a $0.28 gain per AVAX token. During the same hour, $350,000 in short positions were liq...
