Foresight News reports that the Avalanche community-driven accelerator platform Colony will cease operations at the end of the first quarter of 2026. The official statement says that the shutdown is not due to a lack of creativity from the team or poor financial management, but because after five years in the ecosystem, they no longer believe that Avalanche has the structural conditions necessary for sustainable growth. Additionally, community funds are still available, and the final distribution will be given to CLY stakers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Aave Labs appoints former U.S. government official Linda Jeng as Chief Legal and Policy Officer
PANews March 6 News, Aave founder Stani Kulechov posted on X that Aave Labs has appointed Linda Jeng as Chief Legal and Policy Officer. Linda has been a prominent voice in the DeFi space since DeFi Summer and has held positions at the Federal Reserve Board, Financial Stability Oversight Council, U.S. Department of the Treasury, and SEC, with extensive policy experience. Stani stated that as Aave pushes DeFi towards institutions and mainstream adoption, Linda's addition will play a vital role.
GateNews17m ago
CleanSpark sells 97% of its Bitcoin production in February to fund its AI transformation
Bitcoin mining company CleanSpark produced 568 Bitcoins in February, sold 553, achieving a sales ratio of 97%, setting a new record. The revenue was approximately $36.65 million. The sale will fund its expansion into AI and high-performance computing data centers. The company still holds 13,363 Bitcoins and operates a hash rate of 50 EH/s.
GateNews19m ago
Solana's Largest DEX Aggregator » Jupiter Launches On-Chain Visa Card: Zero Fees for USDC Top-Ups, Aiming to Transform into a Decentralized New Bank
Solana Ecosystem Protocol Jupiter Launches Virtual Visa Card Jupiter Card, Allowing Users to Top Up with USDC Fee-Free and Exchange 1:1 USD. The card can be used at Visa-accepting merchants worldwide and offers two card level options. Jupiter has partnered with Noah with the goal of transforming into a decentralized new bank, providing more financial services and attracting a large user base. Its success remains to be seen before market validation.
動區BlockTempo29m ago
Ripple's "dark road" connects to Wall Street's core—Is XRP's spring coming?
Ripple, through the acquisition of Hidden Road and gaining eligibility to participate in DTCC, has become part of the core clearing system of the U.S. financial markets. This marks that it is no longer an outsider to traditional finance and is integrating crypto assets with financial infrastructure. Despite challenges such as regulation and trust, Ripple's strategic positioning suggests that XRP could become a key asset for institutional-level settlements in the future.
PANews42m ago
The Federal Reserve announces "technological neutrality," aligning tokenized securities capital rules with traditional securities
The Federal Reserve has issued guidelines stipulating that banks should treat tokenized securities equally with traditional securities when calculating regulatory capital, emphasizing the principle of technological neutrality. No special legislation is required; banks can operate under the existing framework. This move provides a stable policy foundation for tokenization businesses, promotes market growth, and reduces compliance costs.
MarketWhisper44m ago
Vitalik: The next-generation wallets will heavily utilize AI, completely removing DApp user interfaces to avoid numerous attacks.
Ethereum founder Vitalik Buterin stated that future wallets will widely adopt artificial intelligence, but there is less trust in local lightweight clients handling high-value transactions. He believes the best process is for AI to propose solutions, simulate execution, and then be confirmed by the user to enhance security and reduce the risk of attacks on DApp interfaces.
GateNews1h ago