Emin Gün Sirer – DIGIT INFO

Stablecoins would help US keep up with China: Former House speaker

DIGIT — Mon, 17 Jun 2024 04:20:10 +0000

The need for the U.S to implement dollar-backed stablecoins “couldn’t be timelier” as China continues to come up with its own solutions, former House speaker Paul D. Ryan stressed.

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Buterin, Yakovenko and Gün Sirer: Crypto Creators Take on the Meme Coin Phenomenon

DIGIT — Mon, 01 Apr 2024 01:25:03 +0000

The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there is no value behind them. Bitcoin.com News examines the views of […]

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Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion

DIGIT — Tue, 07 Nov 2023 04:06:50 +0000

Ava Labs CEO Emin Gün Sirer however stressed the firm is well-positioned with significant runway and resources at its disposal.

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Fear of blockchain will have ‘disastrous consequences’ — Ava Labs CEO testimony

DIGIT — Tue, 13 Jun 2023 02:00:00 +0000

Gün Sirer says the U.S. “won the first wave of the internet revolution” because it enabled responsible innovation. Now, it must do the same with blockchain.

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Ava Labs founder awarded $3M in crypto defamation suit

DIGIT — Tue, 02 May 2023 11:00:00 +0000

Emin Gün Sirer, the founder and CEO of Ava Labs, has been awarded millions in damages after an influencer publicly accused him of being part of a Turkish terrorist group in 2021.

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Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%

DIGIT — Wed, 11 Jan 2023 22:00:51 +0000

Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved […]

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$491B asset manager KKR’s health care fund tokenized on Avalanche

DIGIT — Wed, 14 Sep 2022 02:26:04 +0000

To access the fund on the Securitize protocol, investors need to submit their passport, fill out personal and tax information and complete a “liveness check.”

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Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist

DIGIT — Tue, 02 Aug 2022 18:00:01 +0000

On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain Bridge Exploited for $190 Million Cross-chain bridges in […]

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Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value

DIGIT — Sun, 05 Jun 2022 20:00:52 +0000

The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that […]

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Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

DIGIT — Fri, 13 May 2022 19:30:46 +0000

According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy, and Binance’s stablecoin BUSD has recently entered the top […]

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