The proposal comes weeks after Otherside faced issues on Ethereum.
The most valuable crypto stories for Friday, May 20, 2022.
Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.
The Bored Ape Yacht Club-linked ApeCoin DAO is in talks with layer 1 suitors as the project considers a post-Ethereum future.
The investments firm has already lined up $25 million for the single-asset trust.
The valuation would put the blockchain builder in the upper echelons of the crypto world by that measure.
Games studio Neon has raised $17.5 million so far to bring Shrapnel to Avalanche.
The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX.
The Indian tax authority's recent revision of what was seized in taxes and penalties from crypto exchanges reflects the government's harsh stance toward digital assets; Solana has a banner day.