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Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022

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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.

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BitMart to wind down exchange, end trading by Aug. 26

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Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January.

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Binance ‘red teams’ its own staff every month to keep hackers out

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Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches.

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Coin Market

Robinhood in talks with Crypto.com over prediction markets: WSJ

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While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services.

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