Avalanche
Avalanche Blockchain's X and C Networks See Brief Outage
On-chain data shows that transactions sent over X-Chain are lagging, while C-Chain has recovered from an earlier outage.

Web3 Community Management Platform TYB Joins Shopify App Store
TYB (Try Your Best) is built on the Avalanche blockchain and provides brands with tools to expand their customer loyalty programs.

Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche
DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchain-based protocols.

Esports Giant TSM Enters Into Web3 Gaming Partnership With Avalanche
Avalanche will be TSM's exclusive blockchain partner as it builds out its competitive gaming platform, Blitz.

Bitcoin Long Liquidations Hit Highest Level Since August: Data; Interest in Bridging Bitcoin to Avalanche Swells
The crypto futures market took a hit with exchanges liquidating longs or bullish bitcoin futures worth over $62 million during Asian trading hours on Friday. That's the highest amount since August, according to Glassnode data. Separately, over 2,000 BTC ($44 million) was ported to Avalanche, the largest single-day BTC.b mint on record, according to data sourced from pseudonymous analyst 0xAcid's dashboard on Dune Analytics.

Bitcoin-Bridged to Avalanche Reaches Record Daily Mint of Over 2K BTC
Half of the BTC.b minted on Thursday have been moved to BENQI Finance, an Avalanche-based decentralized finance protocol.

BridgeTower Capital to On-Ramp Lido, Offers Security Token for Avalanche’s Staking Rewards
The announcements highlight BridgeTower's emphasis on regulatory compliance.

DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week's attack.

How Solvency Check Error Led to USP Depegging on Avalanche-Based Platypus Finance
Platypus Finance’s native stablecoin fell to 48 cents from $1 earlier on Friday following the attack.

USP Stablecoin Loses Dollar Peg as DeFi Protocol Platypus Suffers $8.5M Attack
The flash loan attack caused Platypus Finance’s native stablecoin to fall to 48 cents from $1. The potential loss is $8.5 million, according to blockchain security firm CertiK.
