Avalanche to reward devs building layer-1 chains with $40M grant

With $1.5 million of LAND already sold, The Sandbox launches its final presale before its first public round at the end of the year. Presale 4.2 of virtual land in The Sandbox metaverse starts on Sep. 15, with over 4,500 of the non-fungible token, or NFT, LANDS up for sale. In contrast to previous LAND…

Paolo Ardoino became CEO of Tether on Dec. 1, moving up from the position of chief technology officer, which he had held since 2017. His appointment was planned well in advance and comes as the company is prioritizing diversification and expansion. It’s a good time for the company. Tether is on track to make $4.5 billion

Prior to the latest approval, Sygnum Singapore was only allowed to offer asset management activities with its CMS license. Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities.The company announced Tuesday that Sygnum Singapore received in-principle approval from the Monetary Authority of Singapore (MAS)…

Hackers stole over 5,000 email addresses from Coinsquare’s database and aim to use it for SIM swapping. 1174 Total views 38 Total shares Hackers stole almost 50,000 email addresses from Canada-based cryptocurrency exchange, Coinsquare. Now, they’re hoping to use the data to perform SIM swapping attacks.One of the alleged hackers involved in the attack spoke…

The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco. 52 Total views 1 Total shares United States President Joe Biden will discuss artificial intelligence (AI) with a group of Silicon Valley experts on June 20 between campaign fundraising stops in California. The president will meet with…

Aussie "buy now, pay later" fintech found that BNPL users are 67% more likely to trade crypto than non-users. 150 Total views 4 Total shares Australian "buy now, pay later" (BNPL) firm Zip​​, the smaller rival to Square’s recently-acquired Afterpay, is hitching its future growth prospects to the cryptocurrency industry.Zip USA CEO Brad Lindenberg told…

This week’s episode of Market Talks discusses how Bitcoin cycles are changing and how it could impact the upcoming halving. 133 Total views 1 Total shares In the latest episode of Cointelegraph’s Market Talks, host Ray Salmond speaks with Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence. When asked whether Bitcoin’s

The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million. 636 Total views 25 Total shares The Chinese authorities dismantled a significant crypto-related scam in Wenzhou. The scheme amassed over 100 million yuan ($14.31 million), which was seized along with a number of luxury cars and villas.According to…

New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.