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2 days ago · For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a 'mere' $15 billion, [1] whereas in the Deepwater Horizon oil spill, in which 11 people died, the damage was six times higher. The most expensive disaster in human history is the Chernobyl disaster, costing an estimated $700 billion. [2]
5 days ago · In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million. The Avalanche ...
5 days ago · The Avalanche Foundation is set to repurchase 1.97 million Avalanche (AVAX) tokens that were sold to the Luna Foundation Guard (LFG) in April 2022, just one month before the Terra blockchain ecosystem collapsed. The foundation has agreed to buy back the tokens for $45.5 million, although their current market value stands at $57.4 million.
4 days ago · The Avalanche Foundation's repurchase of AVAX tokens from the LFG could reduce selling pressure. With the crypto market on the upswing this October, Avalanche (AVAX) is gaining momentum. The large-cap altcoin, valued at roughly $13.1 billion and averaging $415 million in daily trading volume, is currently testing a key support/resistance level ...
4 days ago · The daily exchange rate of Avalanche (AVAX) to GBP fluctuated between a high of £20.50 on Monday and a low of £18.77 on Friday in the last 7 days. Within the week, the price of AVAX in GBP had the largest 24-hour price movement on Saturday (3 days ago) by £1.23 (6.6%). Compare the daily prices of Avalanche (AVAX) in GBP and their 24-hour ...
5 days ago · The foundation emphasized that this action ensures LFG would not violate the original agreement’s restrictions on the tokens’ use and shields the tokens from the complexity of a bankruptcy trustee liquidation, while returning 1.97 million AVAX to the Foundation’s holdings. The 1.97 million Avalanche tokens are now worth 42% less than the ...
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2 days ago · At first the timbers were milled in Truckee, California, but they could not keep up with demand, so much of the lumber was hand-hewn from the nearby forests. By the time the sheds were completed, they had used 65,000,000 feet of 12" by 14" timbers and 900 tons of iron for bolts and spikes.
