AVALANCHE
PRESS

Founder and CEO of Ava Labs, Emin Gün Sirer, joined TechCrunch's Chain Reaction podcast.

The Web3 venture takes Ty Haney’s learnings from Outdoor Voices to create avenues for brands and consumers to connect directly — and reward the latter for engagement — while removing the complexities of blockchain tech.

Neon's thoughtful extraction-based first-person shooter has elements of Halo, Apex Legends, and Escape From Tarkov—and NFTs, too. Launching on Avalanche.

Luxembourg-based digital securities platform DEFYCA will release its tokenized private credit protocol on the Avalanche.

TSM and Blitz are building their own crypto Subnet on Avalanche to facilitate esports transactions and tournaments.

Avalanche added support for bitcoin on its cross-chain bridge, allowing BTC holders to deploy their coins in the Avalanche-based decentralized finance (DeFi) ecosystem. BTC.b has seen impressive growth, surpassing the number of coins held in the Lightning Network.

Tencent Cloud is partnering with popular web3 infrastructure builders, including Avalanche, a blockchain that focuses on speed and low transaction fees.

Indian game streaming platform Loco has teamed up with the Avalanche blockchain to create new kinds of fan experiences, building a suite of Web3 products that will bring new fan engagements via a custom Avalanche Subnet.

Shopify’s millions of merchants can mint and list NFTs through their existing storefront through one of Shopify’s blockchain apps. Thanks to Venly, those NFTs can now be minted on Avalanche.

Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche, to help scale blockchain adoption across enterprises, institutions and governments. The partnership intends to make it easier for individuals to launch and manage nodes on Avalanche while also aiming to give the network more strength and flexibility for developers.

The co-founder and CEO of Ava Labs spoke with Cointelegraph at the World Economic Forum in Davos, Switzerland, on the future of DeFi and TradFi as two industries with merging value systems.

The total circulating supply of bridged BTC, or BTC.b, on Avalanche rose to a record 5,700 BTC ($118.6 million). Meanwhile, the number of bitcoin locked in the Lightening Network stood at 4,929 BTC ($100 million).