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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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El Salvador's Bitcoin stash hits 6,000 BTC, worth $569M

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El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC.

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David Sacks has 2 years to push through meaningful policies — lawyer

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Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.

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Blockchain Association sues IRS over crypto broker rules

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The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act.

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