Ava Labs is gaining traction and making significant strides in the cryptocurrency market. Recently, their COO's account got hacked which was utilized to promote memecoins. They have also announced the launch of their
mainnet on Ethereum and tapped into Solana for travel rewards and
AVA token deployment. Their tokens, AVA and AVACN, had their futures listed on
Coinbase following a successful filing with the CFTC. Other exchanges have also begun offering AVA, with Hashkey making it available for trading to Hong Kong retail investors.
K-Pop is next on Ava Labs' sight, eyeing web3 integrations in South Korea's booming industry. Ava Labs has also confirmed their plans to provide
42 million digital car titles by 2025, an ambitious goal currently in motion. In a joint venture with Sony's Soneium, Ava Labs will develop
blockchain automation solutions. Ava Labs has also cut 12% of their workforce to reallocate resources towards expansion, confirming a positive growth trajectory.
AVA labs secured cooperation with Amazon through a
partnership aiming to boost the blockchain adoption. The introduction of a 'No-Code' Web3 Launchpad called AvaCloud and shift towards AI-powered smart contracts marked clear innovative steps. However, recently a researcher has published a zero-day vulnerability compromising the Ava Lab's Avalanche, questioning its security measures.
AVA Coin News Analytics from Thu, 16 May 2019 07:00:00 GMT to Sat, 09 Nov 2024 06:56:57 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor 4
