<h2>What made the community stir up about Avalanche crypto?</h2>On August 29, the crypto investor community on Twitter stirred and shared continuously the article that revealed the truth of Crypto Leaks about Avalanche's underground activities. The article revealed that Ava Labs, the company behind Avalanche, had a “secret agreement” with Kyle Roche, founding partner of Roche Freedman – a law firm specializing in litigation in the crypto industry. Details in the article state that Roche Freedman lead Kyle received AVAX and Ava Labs stock as "part of the deal." The two sides have colluded to "play bad" with many competitors in the same industry, typically: Solana (SOL), Internet Computer (ICP) and the world's largest exchange by volume Binance.<iframe width="100%" height="" src="https://t.me/builder_ANN/385?embed=1" frameborder="0"></iframe>Since August 2019, the law organization Roche Freedman has been working with Ava Labs. In order for this company to fully support Avalanche's legal services, the Ava Labs team has agreed to grant Roche Freedman a large share of AVAX. Kyle revealed that he was the first person to get shares of Ava Labs after the a16z investment fund (Andreessen Horowitz) - the unit that provided the initial capital for AVAX. Kyle even confirmed that the main body of the agreement was that the law firm Roche Freedman brought lawsuits against various crypto platforms in support of AVAX, with two main purposes. Firstly is the damage AVAX's competitors, thereby making "leverages" to improve Avalanche's reputation and purity. Second, directing the attention of regulators, including: the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to the platforms involved in litigation, away from concerns about Ava Labs.The evidence collected in the investigative report of Crypto Leaks includes written arguments, video talks between the two sides. Remember, past events, like Solana being sued, are unregistered securities; Binance has been accused of misleading investors about Terra all traces of Roche Freedman. So the data from Crypto Leaks is quite authentic.<iframe width="550" height="400" src="data:text/html;charset=utf-8,%3Cblockquote%20class%3D%22twitter-tweet%22%3E%3Cp%20lang%3D%22en%22%20dir%3D%22ltr%22%3EKyle%20Roche%20@%20Roche%20Freedman%2C%20the%20secret%20%3Ca%20href%3D%22https%3A//twitter.com/hashtag/Avalanche%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23Avalanche%3C/a%3E%20law%20firm%3Cbr%3E%3Cbr%3ERF%20litigates%20against%20Ava%20Labs%20competitors%2C%20to%20draw%20the%20SEC%20%26amp%3B%20CFTC%20to%20them%2C%20and%20away%20from%20Ava%20Labs%3Cbr%3E%3Cbr%3ERoche%20ensures%20there%26%2339%3Bs%20%26quot%3Bno%20such%20thing%20as%20regulation%20for%20what%20they%20%5BAva%20Labs%5D%20want%20to%20do%26quot%3B%uD83D%uDC40%3Cbr%3E%3Cbr%3ESee%20%3Ca%20href%3D%22https%3A//t.co/6iK3R72VfM%22%3Ehttps%3A//t.co/6iK3R72VfM%3C/a%3E%20%3Ca%20href%3D%22https%3A//t.co/AN0RpRVm49%22%3Epic.twitter.com/AN0RpRVm49%3C/a%3E%3C/p%3E%26mdash%3B%20Crypto%20Leaks%20%28@CryptoLeaksInfo%29%20%3Ca%20href%3D%22https%3A//twitter.com/CryptoLeaksInfo/status/1563932357924626434%3Fref_src%3Dtwsrc%255Etfw%22%3EAugust%2028%2C%202022%3C/a%3E%3C/blockquote%3E%0A%3Cscript%20async%20src%3D%22https%3A//platform.twitter.com/widgets.js%22%20charset%3D%22utf-8%22%3E%3C/script%3E%0A"></iframe>After the news of the opponent's foul play was revealed, Avalanche immediately received countless "bricks and stones" from the community. While it is not known how true the allegations against Crypto Leak's Avalanche are, many famous influencers and investors have voiced their criticism of Avalanche. Even Binance CEO Changpeng Zhao expressed his disappointment at AVAX after this news broke, perhaps partly due to the Binance.US incident just mentioned. However, this tweet was deleted on the afternoon of August 29, 2022. The price of Avalanche coin also fell because of this news. According to data from CoinDesk, Avalanche crypto has lost 11% of its value, falling 22% from $23 to $17.90 in 24 hours after the news.<h2>The essence of Avalanche crypto</h2><img src="https://cdn.builder.news/news/11ed2f7132a9a2b1a8e6023f659fee92.jpg" alt="the essence of avalanche" title="the essence of avalanche" width="600" height="338"><h3>What is Avalanche crypto?</h3>Avalanche is a blockchain platform that can support smart contracts, and it was introduced in 2020 by Ava Labs. Avalanche focuses on low prices, quick transaction times, and environmental friendliness in order to create a scalable blockchain system while maintaining decentralization and security. With Avalanche’s current TVL of $1.73B, Avalanche quickly gained popularity in the cryptocurrency market (DApps). Avalanche is driven by a number of different consensus techniques as well as its native token Avalanche (AVAX). Users are able to design an infinite number of unique and functional blockchains using Avalanche. A subscription fee is required to run a blockchain on the Avalanche crypto, AVAX.<h3>AVAX</h3>So, what is Avalanche crypto used for? AVAX, the native token of Avalanche, is a utility token. The Avalanche ecosystem uses AVAX as its primary form of currency. In other words, the token serves as money within the network and is often utilized for rewards, fee collection during transactions, and a variety of other purposes. As a network security measure, it is also employed for staking AVAX. Then, followers receive extra AVAX as compensation. To generate passive income on the network, some users stake Avalanche crypto.<img src="https://lh5.googleusercontent.com/VlLuPiRBPKR2r_7oGB4cYyUQB0jabdB0vvrzlPxajsLLh0aTvY0mpRRqamQIpPstuoYiPvcvHyllhePRRiqg7FymsAJaCKWvnkiJmNCEm1s0z3zn3BD-SWOFJZCy3rNJtZEmMxv6mRJbBYbNf3vLqRrnaJENKt3yQ6O4BYuOnWqi1XxGMf-oJM-Q3w" alt="price of Avalanche coin" title="price of Avalanche coin" width="624" height="395">AVAX price (Source: CoinMarketCap)At the time of writing, the price of Avalanche coin is about $18.9. With a live market cap of $5.596.676.526 USD, Avalanche crypto now ranks 16th place on CoinMarketCap. It has a maximum supply of 720.000.000 AVAX coins and a circulating supply of 294.793.432 AVAX coins.<h4>AVAX price prediction</h4>The cryptocurrency Avalanche reacts to trend shifts extremely effectively, thus it frequently moves in the same direction as the rest of the crypto market. AVAX has additionally demonstrated that it possesses the potential to succeed as well as the resources required to bounce back even in trying circumstances. Not to mention, the coin has a respectable market capitalization. AVAX was one of the top 20 cryptocurrencies on CoinMarketCap at the time of writing. All things considered, these indicate a long-term positive trend for Avalanche rather than a bearish one.People could also take a look at the widget from TradingView for the Avalanche price prediction for the next few days. It summarizes the findings of technical analysis of Avalanche crypto and is updated in real-time based on a variety of indicators, including moving averages and the relative strength index. If the answer is "buy," Avalanche crypto is probably going to increase in value in the future. If it says "sell," the coin's value might shortly drop.&nbsp;According to certain expert forecasts, Avalanche's (AVAX) price would likely increase this year. By December 2022, Gov Capital and CoinPriceForecast forecast that AVAX will reach 309 and 305 USD, respectively. In short, there are many different viewpoints on Avalanche crypto price’s potential, but most specialists are optimistic about it in the long run. The bottom line is that people must always remember to do their own research before investing in anything.&gt;&gt;&gt; Find out:&nbsp;<a href="https://www.builder.news/crypto-insights/top-5-best-cryptocurrencies-to-invest-in-2022" alt="Top 6 Best Cryptocurrencies To Invest In 2022" title="Top 6 Best Cryptocurrencies To Invest In 2022" target="_blank" rel="" class="">Top 6 Best Cryptocurrencies To Invest In 2022</a><h3>How to understand Avalanche crypto</h3>The main difference between Avalanche and conventional blockchains is that it is made up of three chains. This architectural decision was made for a very clever reason: rather than having one chain handle all tasks within the larger Avalanche ecosystem, each blockchain specializes in a certain area. The Avalanche platform achieves the "golden trinity" of blockchain characteristics, namely decentralization, security, and scalability, by distributing jobs among various chains.Exchange Chain (X-Chain)The Exchange Chain (X-Chain) is the blockchain responsible for producing and trading Avalanche assets. The most widely used cryptocurrency on the site right now is Avalanche's native token AVAX, although decentralized exchange tokens JOE and PNG aren't far behind. The X-Chain generates fees for transactions that are paid in AVAX. That's comparable to how Ethereum gas fees are paid in ETH. Consequently, fees are always settled in AVAX, even when you are exchanging JOE tokens.Contract Chain (C-Chain)The main component of Avalanche is smart contracts. With the help of this feature, developers can utilize Avalanche's security and scalability advantages to create decentralized applications. The C-Chain is EVM (Ethereum Virtual Machine) compatible and manages smart contracts for the Avalanche platform. Anyone can use Avalanche to deploy Ethereum smart contracts because it is EVM compliant. Why is that a significant deal due to the ease with which already-existing Ethereum applications, like DeFi titans Aave, can install a variant of their product on Avalanche. Developers can use the same Ethereum developer tools to access Avalanche's capabilities by deploying Ethereum smart contracts on it.Platform Chain (P-Chain)Anyone can build an L1 or L2 blockchain with the help of Avalanche's P-Chain. You could even make an entire bunch of them. These blockchains are referred to as subnets in Avalanche, with the P-Chain serving as the default subnet used by all. By keeping track of validators, the P-Chain administers the Avalanche subnet landscape, but subnets are also in charge of verifying the P-Chain.The Avalanche smart contracts platform is compatible with both autonomous blockchains and decentralized applications (dapps). Here are a few characteristics that set Avalanche apart.<ul><li>Rate of coinage: AVAX users could control the rate at which new coins are created; the total supply is limited to 720 million tokens. By voting to change the amount of AVAX that is paid as a reward for adding a new block to the Avalanche blockchain, AVAX holders can regulate the rate at which new coins are created.</li></ul><ul><li>Structure of transaction fees: Avalanche's network congestion and the type of transaction determine how much it will cost to process a transaction. For AVAX to gradually become more rare over time, all fees are burned—removed from circulation. The Avalanche transaction charge is decided by user vote, hence AVAX fees are flexible.</li><li>Consensus methodology: The Avalanche blockchain uses a novel consensus mechanism that needs a large number of small, random subsets of network participants to confirm a transaction before it is deemed final.</li><li>Participation incentives: AVAX awards that a network member can get for processing AVAX transactions can be increased by both high uptime and quick response times.</li></ul>In general, the proof-of-stake system controls Avalanche. Holders of AVAX must stake—agree not to buy, sell, trade, or exchange—AVAX in order to have the authority to verify AVAX transactions. The most invested AVAX holders are more likely to be selected as validators for fresh Avalanche blocks than less invested holders who don't actively participate as validators. Voting on Avalanche governance proposals also requires holding AVAX tokens.<h3>FAQs about Avalanche crypto</h3>Is the Avalanche Blockchain Safe?Because of the randomized nature of its consensus mechanism, Avalanche can be regarded as secure. According to Avalanche, their technology enables more robust security controls that make the blockchain less susceptible to 51% assaults than other blockchains.How to buy AVAX?AVAX tokens can be purchased most easily through a significant cryptocurrency exchange like Coinbase or Kraken. Decentralized, peer-to-peer trading between AVAX and Ethereum-based tokens is also supported by the Avalanche platform.Is Investing in AVAX Risky?AVAX is a cryptocurrency, which is a high-risk asset category. You could decide to invest in AVAX, but make sure you are aware of the dangers and restrictions beforehand. It's a good idea to only invest what you can afford to lose.<h2>Why should people understand nature and judge things wisely?</h2><img src="https://cdn.builder.news/news/11ed2f7132a9a867a8e6023f659fee92.jpg" alt="From Avalanche's case to the lesson about black hat" title="From Avalanche's case to the lesson about black hat" width="600" height="400">In order to hide his conspiracy, AVAX founder Emin Gün Sirer regularly supports other blockchain projects and always shows a desire for their ecosystem to grow. For example, he provided support to Solana users when they were affected by the Slope wallet crash and then offered his best purported technical theories on what could happen. Coincidentally, however, this statement was created just weeks after Roche Freedman filed a lawsuit targeting the Solana ecosystem.Additionally, Avalanche is also alleged that the regulatory system that Roche Freedman "wraps" for AVAX has practically little probability of turning AVAX into security despite the platform's relentless promotion of the token as a potential investment opportunity. Even so, Kyle Roche repeatedly persuaded Emin Gün Sirer not to mention AVAX's price so as not to catch the eyes of regulators.So, what is the lesson learned after Avalanche's fault? Of course, because "one bad move leads to another," every venture demands meticulous planning from the outset. Therefore, you should consult specialists with extensive experience in market research as well as businesses before opting to invest in any project, whether it is new or experienced.In addition, not just having the backing of big whales and sharks means that the project is completely transparent. Besides many prestigious projects, there are also parallel projects with "back hat" behaviors, playing bad tricks on opponents to improve their rankings.<div class="pr-block-special">Disclaimer: This article is intended for and only to be used for reference purposes only. No such information provided constitutes advice or a recommendation that any investment or trading strategy is suitable for any specific name.</div>

Bullying an opponent is also not an uncommon occurrence in the crypto or blockchain markets. Let's take a look at the most recent Avalanche case to see how AVAX has received the results!