Avalanche is powering a new chapter in Korea’s digital economy. 🔺🇰🇷 BDACS, together with Woori Bank, has launched KRW1, a fully collateralized, won-backed stablecoin. Currently in a pilot phase following a full PoC, KRW1 marks an important step toward regulated, bank-integrated

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🚨 JUST IN: Avalanche Treasury Co. announces a $675M business combination with Mountain Lake Acquisition Corp, aiming to accumulate over $1B of $AVAX in its treasury. Transaction includes around $460M in treasury assets.

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Covid crash: $1.2 Billion in liquidations FTX crash: $1.6 Billion in liquidations Today: $19.16 Billion in liquidations This is Biggest liquidation event in history of crypto and almost 20x bigger than the Covid crash of March 2020.

JUST IN: Crypto market records largest single-day liquidation event in history.

BREAKING: Over $19 billion liquidated from the cryptocurrency market today, the biggest single-day figure ever.

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