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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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Coin Market

An AI bot didn’t create the GOAT crypto token — but did shill it

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An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million. 

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Coin Market

Bitcoin’s price return ‘stands apart from the crowd’ — NYDIG

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Bitcoin is a stand-out asset for its returns compared with other asset classes despite its volatility, says NYDIG.

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Scientists breach cryptographic algorithms with quantum computer: SCMP

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Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack.

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