Ava Labs Exits Stealth, Launches Blockchain Testnet Based on ‘Avalanche’ Protocol
Ava Labs is out of stealth, revealing a past $6 million funding round and a new blockchain testnet backed by the Avalanche consensus protocol.
The DAO attack was a foundational episode in Ethereum history. On Tuesday, CoinDesk Live gathered a handful of blockchain veterans to look back.
AVA Labs has closed a $12 million private token sale. The funding round – co-led by Galaxy Digital, Bitmain, Initialized and others – comes weeks before an anticipated mainnet launch.
A "cross-chain finality" bug has forced the network into "self-healing mode."
AVA Labs is looking to build financial infrastructure for Wall Street businesses after open sourcing its novel “Avalanche” protocol.
The Ava blockchain should launch later this year, said founder Emin Gün Sirer.