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Ava Labs introduced the Core browser wallet to work with Web3 applications based on the Avalanche network. A bridge with the Bitcoin blockchain became part of the application.
Ava Labs introduced the Core browser wallet to work with Web3 applications based on the Avalanche network. A bridge with the Bitcoin blockchain became part of the application.
Today @avalabsofficial announced the release of Core, a free, unattended browser extension designed for users to seamlessly and securely access the full power of Web3. #avalanche
Let’s look at the features and benefits @CoreApp_
https://t.co/90zuA9f6sM
– Avalanche
(@aalancheavax) June 22, 2022
According to the press release, the Core is an unattended wallet. The developers are positioning the extension as an “operating system” that unifies all Avalanche-based decentralized applications.
The app provides users with nine core service packages, including the Avalanche Bridge cross-chain solution. Secondly, unlike the web version, it allows you to work with bitcoin, not just Ethereum.
The company said in a statement that the first cryptocurrency was converted into a BTC.b asset wrapped in the Avalanche blockchain. This allows the asset to be used in DeFi ecosystem applications.
Recall that in April 2022, Bloomberg reported that Ava Labs had opened a $350 million funding round at a valuation of $5.25 billion.
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I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
