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

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An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on the Avalanche9000 testnet.

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Coin Market

Saylor turns up heat with ‘110 reasons’ why BIP-110 is a bad idea

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The man in control of the biggest Bitcoin corporate treasury said he shares the objectives but disagrees about the remedy detailed in the proposed temporary fork.

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US agencies miss GENIUS Act deadline for final stablecoin rules

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US regulators failed to finalize implementing regulations by the GENIUS Act’s one-year deadline, issuing 10 proposed rules instead.

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South Korean regulator begins sanctions process against Dunamu: Report

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The proceedings come as South Korea’s Virtual Asset User Protection Act lacks explicit sanctions provisions for hacking and computer system incidents, leaving the scope of penalties uncertain.

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