The spike in activity is primarily attributed to the rapid growth of Avalanche’s Coqnet subnet, which has seen an unusual surge in volume. However, other subnets, including the main Avalanche C-Chain, have also experienced significant increases in activity.

BlackRock's tokenized money market fund is expanding to new networks, three of which offer a 60% discount on management fees.

Among the chosen tokens are KIMBO, COQ, GEC, TECH, and NOCHILL. The strategy reflects a broader effort to attract more users and traders to Avalanche.

For all the key details of new blockchain projects in the banking world, real-world asset (RWA) tokenization, and central bank digital currency (CBDC) updates, the Observers 'Banking and CBDC Roundup' has you covered. This week, the governor of the Philippines Central Bank (BSP), Eli M. Remolona Jr. made

The blockchain foundation has decided to create a collection to highlight meme-coins' cultural value and published a set of rules for other Community Coins interested in receiving official support.

In the current meme-coin frenzy, traders are ditching Ethereum due to high gas fees, flocking instead to chains like Solana and Avalanche where coins like Bonk and Coq Inu are making astronomical gains.

The Series A funding round led by Polychain Capital will enable developer Neon Machine to polish the Web3-based first-person extraction shooter before launch.

In its under two months of existence, Friend.tech has pumped, died and been revived, then been cloned, hacked, and the clone reportedly hacked at a loss to protect its monopoly. Safe to say that our original skepticism towards the project is yet to have softened.