Circle on Fire | EUROC on Avalanche
May 27, 2023 - Euro Coin, or EUROC, is a euro-backed stablecoin that’s accessible globally on Ethereum and Avalanche. Similar to USDC, Euro Coin is issued by Circle under a full-reserve model. Designed for stability, Euro Coin is 100% backed by euros held in euro-denominated banking accounts so that it’s always redeemable 1:1 for euros.
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[Osmosis] - WAVAX Activity
Feb 1, 2023 - Last week, wrapped AVAX (WAVAX) was listed on Osmosis and seeded with liquidity via Pool 899 (OSMO/WAVAX). Analyze WAVAX activity over its first week of trading on Osmosis. How does WAVAX trading on Osmosis compare to native swaps on Avalanche?
Multichain Backend Upgrade Delay
May 31, 2023 - Multichain is the ultimate Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions. But The rug-pull event in this protocol created shockwaves in the cryptocurrency market as an astounding amount of $1.8 billion funds locked up in Multichain wallets. Rumors circulate that Chinese authorities have arrested Multichain team members, and law enforcement has seized control of the project wallets. The altcoin project most affected by the Multichain crisis is "Fantom (FTM)".
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[Axelar] - Prime Protocol Launch
May 24, 2023 - Decentralized finance has evolved rapidly in the last few years, with expansive innovation and wealth fueling multiple blockchain ecosystems. But liquidity, and use cases via protocols built on top of these chains, remain highly siloed. We decided to build a solution that enables users to access liquidity across their entire, cross-chain portfolios.