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Cryptorank

Avalanche Makes a Move: Web Wallet Shutdown Raises Staking Questions


by CoinEdition
Avalanche Shifts to Core Stake, Ending Web Wallet Era
  • Core Stake launch revolutionizes AVAX staking, promising direct control, and customized experiences.
  • 57% of AVAX supply staked, reflecting a robust 17% growth in engagement over the last month.
  • Teleporter enhances subnet interoperability, aiming to streamline data exchange across Avalanche.

Avalanche has taken significant strides toward evolving its digital asset management and staking environment by discontinuing its traditional web wallet. The decision aligns with the platform’s transition towards Core Stake, a more advanced and feature-rich platform designed to offer a holistic and enriched user experience. 

This move is set to redefine how AVAX stakers engage with the network, promising enhanced security, user autonomy, and a range of staking options. The end of the web wallet, effective from 11 am ET on March 6, marks the beginning of a new chapter for Avalanche and its community.

The post Avalanche Makes a Move: Web Wallet Shutdown Raises Staking Questions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

New Solana Token Gorbagana (GOR) Captures 7% of Ecosystem Mindshare

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Avalanche Makes a Move: Web Wallet Shutdown Raises Staking Questions


by CoinEdition
Avalanche Shifts to Core Stake, Ending Web Wallet Era
  • Core Stake launch revolutionizes AVAX staking, promising direct control, and customized experiences.
  • 57% of AVAX supply staked, reflecting a robust 17% growth in engagement over the last month.
  • Teleporter enhances subnet interoperability, aiming to streamline data exchange across Avalanche.

Avalanche has taken significant strides toward evolving its digital asset management and staking environment by discontinuing its traditional web wallet. The decision aligns with the platform’s transition towards Core Stake, a more advanced and feature-rich platform designed to offer a holistic and enriched user experience. 

This move is set to redefine how AVAX stakers engage with the network, promising enhanced security, user autonomy, and a range of staking options. The end of the web wallet, effective from 11 am ET on March 6, marks the beginning of a new chapter for Avalanche and its community.

The post Avalanche Makes a Move: Web Wallet Shutdown Raises Staking Questions appeared first on Coin Edition.

Read the article at CoinEdition

Read More

New Solana Token Gorbagana (GOR) Captures 7% of Ecosystem Mindshare

New Solana Token Gorbagana (GOR) Captures 7% of Ecosystem Mindshare

Gorbagana (GOR), a new token in the Solana ecosystem, has quickly carved out a domina...
Coinbase Comes Full Circle, Soars to Highest Price Since 2021 Nasdaq Debut

Coinbase Comes Full Circle, Soars to Highest Price Since 2021 Nasdaq Debut

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