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Avalanche Blockchain Explorer SnowTrace Sets to Shut Down

Avalanche Pauses Block Production Following Technical Issues

On November 30, SnowTrace, a popular blockchain explorer for Avalanche, will close down its website, powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit, as the platform fees reportedly grow to $2 million per year Snowtrace users must save their backup information, including private name badges and contact verification details, by November 30. Some have pointed to Etherscan’s […]

Ava Labs partners with India to build on Avalanche

Ava Labs partners with India to build on Avalanche

Ava Labs, the crypto firm behind the Avalanche blockchain, is planning to collaborate with Indian government agencies and institutions to expand its operations and help develop applications on Avalanche. The firm has hired two experienced leaders from OKX and Polygon to lead its Indian team. Ava Labs announced on Thursday that it has hired Devika […]

Avalanche HyperSDK Blockchain Tops 143K TPS on Testnet

Avalanche HyperSDK Blockchain Tops 143K TPS on Testnet

Ava Labs is currently conducting trials on a high-capacity infrastructure framework designed to empower developers to create their personalized virtual machines. The testnet of Avalanche, a layer-1 blockchain network , reportedly achieved a remarkable throughput of more than 140,000 transactions per second while testing its HyperSDK blockchain upgrade.  Presently, Avalanche is testing a framework designed […]

Avalanche partners with Pixion Games to help web3 gaming firm

Avalanche partners with Pixion Games to help web3 gaming firm

Web3 gaming studio Pixion Games has raised $5.5 million in its seed fundraising round, with backing from Avalanche. Notable investors include the Blizzard Fund of the Avalanche Foundation, Shima Capital, and ReadyPlayerDAO. Pixion Games will use the funds further to develop their highly anticipated project, Fableborne. Fableborne is an action role-playing game that leverages web3 […]

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

Avalanche and Alibaba Cloud have joined together to develop Cloudbase, a blockchain-based metaverse deployment platform. Such services would enable users to establish a metaverse in minutes, according to Emin Gün Sirer, founder and CEO of Ava Labs , in a separate statement to TechCrunch. He stated: “You and I can create a metaverse right now. […]