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Avalanche Launches Avaissance to Boost NFT Ecosystem
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Avalanche Launches Avaissance to Boost NFT Ecosystem

The Avalanche Foundation has announced the launch of Avaissance, an initiative aimed at supporting digital artists and growing the Avalanche NFT ecosystem. The program includes an Artist in Resident program for over 50 artists and the Mona Lisa Initiative to curate digital art and expand the collections of art-focused DAOs. In other news, Ticketmaster has announced a new feature, token-gated ticket sales, allowing artists to reward NFT holders with exclusive benefits. Popular NFT artist Patrick Amadon withdrew his work from a major auction house to protest a lack of female representation. Sony Interactive Entertainment filed a patent for a framework allowing users to transfer and utilize NFTs across multiple game platforms.

Nytro Chain Offers A Seamless Transaction Experience For The Avalanche Network With Its Built-in Multi Payment Function
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Nytro Chain Offers A Seamless Transaction Experience For The Avalanche Network With Its Built-in Multi Payment Function

Nytro Chain is designed for high-volume transactions and has a built-in multi-payment function that allows senders to send digital assets to multiple wallet addresses

Donald Trump's NFT Trading Card Collection
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Donald Trump's NFT Trading Card Collection

On Dec. 15, 45,000 self-themed trading cards were released for $99 apiece. The collection has generated approximately $1.2 million in secondary sales. Sewer Pass NFT transactions on secondary markets are strong. #NoNeoNFT emerged when the company's Solana network NFT collection failed. NUS claims the HaptGlove simulates touch and grip more realistically than conventional gloves.

OKX Reports Pperiodic Downtime Due To Alibaba Cloud Equipment Issue
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OKX Reports Pperiodic Downtime Due To Alibaba Cloud Equipment Issue

Alibaba Cloud Hong Kong IDC Zone C server was unavailable on Saturday at 10 pm ET and did not recover for almost seven hours. Many investors say their transactions got stuck halfway and worry about losses. OKX said it is working with Alibaba Cloud to fix the service outage.

Avalanche Foundation Announces $4m Incentive Program for Trading Platform GMX
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Avalanche Foundation Announces $4m Incentive Program for Trading Platform GMX

Avalanche Foundation has announced it will grant a $4 million incentive in AVAX tokens for the growth of the decentralized trading platform GMX.

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023
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Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.

Chainlink Introduces SCALE Program to Drive Ecosystem Growth
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Chainlink Introduces SCALE Program to Drive Ecosystem Growth

Chainlink has introduced the Chainlink SCALE program to accelerate access to oracle products and services for both Layer-1 and Layer-2 protocols.

KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain
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KKR Tokenizing Part of its Private Equity Fund on Avalanche Blockchain

KKR plans to tokenize part of its second Health Care Strategic Growth Fund to expand individual investors’ access to private investment vehicles.

WisdomTree Adds Polygon and Avalanche to Crypto-Basket ETPs
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WisdomTree Adds Polygon and Avalanche to Crypto-Basket ETPs

WisdomTree continues to expand its range of crypto-basket ETPs in Europe in response to investors' demand. The company announced adding MATIC and AVAX into two ETPs.

Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)
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Crypto Watchlist: Biggest Losers This Week (AVAX, MATIC, KCS)

With most coins trading in the negative, here is a look into the three coins with the biggest weekly losses.

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