AVAX released in Sep 2020 and it’s the native cryptocurrency of the Avalanche platform.
Avalanche is a decentralized, open-source blockchain with smart contract functionality.
On Nov 2021 Deloitte announces strategic alliance with Ava Labs to use blockchain to improve state and local Governments’ recovery from natural disasters and public health emergencies.
AVAX is definatly one of the new and promising cryptocurrencies.
Discover The Simplest Way To Invest In Crypto
- Study finds almost no crypto protocols disclose market-maker termsCointelegraph.com News - 1 hour agoA review of over 150 crypto protocols finds fewer than 1% disclose market-making arrangements, revealing a major transparency gap in token trading structures.A review of…
- South Korea to pilot tokenized deposits for government spendingCointelegraph.com News - 2 hours agoThe sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments.South Korea’s Ministry of Economy and Finance (MOEF) is…
- US should scrap crypto capital gains tax to fuel currency competition: CatoCointelegraph.com News - 5 hours agoCrypto users in the US are required to pay capital gains taxes on cryptocurrencies, stifling their usefulness as a currency, argued a Washington DC-based think…
- Trump’s World Liberty under fire for ‘absurd’ token unlock planCointelegraph.com News - 5 hours agoMajor World Liberty Financial investor Justin Sun called a plan to lock tokens for up to four years “the most absurd governance scams I have…
- Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading daysCointelegraph.com News - 5 hours agoThe Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024.Morgan Stanley’s new…