Ava Labs trims workforce by 12% to bolster expansion efforts
Ava Labs, the organization behind the Avalanche Blockchain, has announced a 12% reduction in its workforce in a bid to reallocate resources for expansion. This move has impacted around 40 employees, with many from the marketing team. The company’s founder and CEO, Emin Gün Sirer, confirmed the layoffs on November 7. The decision was made […]
Blockchain explorer SnowTrace to shut down amid Etherscan fee controversy
The popular blockchain explorer tool for Avalanche, SnowTrace, is set to shut down its website, stirring up controversy over Etherscan’s annual subscription fees. SnowTrace, powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit, will cease operations on November 30. The SnowTrace team has urged users to save backup information such as private name tags and contact verification details […]