↘ Ava Labs forges ahead: from Mainnet Launch to Staff Cuts and Blockchain Innovation

The Ava Protocol announced mainnet launch on Ethereum as Coinbase reveals futures on SHIB, AVA to deepen crypto market access. This news arrives as ‘Web3 Gaming sucks’ statements were made by Ava, however a whopping 2M Bitcoin Miner players only make 13c. AVA labs begins an investigation into the Avalanche Blockchain outage amid inscription wave and seeks CFTC approval for SHIB, AVA futures listings. Meanwhile, the Ava Protocol has expanded its team with acquisitions like Openstory. The Avalanche Foundation is seen jumping on the meme-coin wave as it grinds to a halt due to block production issues. The CEO of Ava Labs discusses the cultural significance of memecoins, saying that crypto assets can derive value from being fun and outlines a solution for Avalanche to push for 100k TPS. Binance has completed Travala.com AVA token swap to Ethereum ERC20, as Ava Labs lays off a substantial portion of its workforce to reallocate resources towards expansion. Ava Labs has brought intellectual property management to the K-pop industry and Ava Protocol has acquired Openstory in a strategic move. Ava Labs is looking towards AI-powered smart contracts which could potentially be transformative to the industry. The meme-coins have potentially revived the AVAX price, following Solana, as Avalanche's HyperSDK blockchain upgrade hits 143k TPS on testnet. Cryptocurrency Daily reports Ava Labs launching a no-code web3 launchpad called AvaCloud. Among startup companies, AVAX's Ava Labs has been chosen for Mastercard's Crypto Accelerator as the Ava Labs founder wins a $3M crypto defamation case. The price prediction of AVA token as Travala's goes parabolic, but the AVAX endorsement toward AI brings Avalanche down by 11% amidst a whistleblower's weaponization claims against the company.

AVA Coin News Analytics from Mon, 22 Jul 2013 07:00:00 GMT to Wed, 17 Jul 2024 12:21:45 GMT - Rating -3 - Innovation 8 - Information 9 - Rumor -4