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Search resuls for: "Ava Labs"


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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAva Labs' John Wu discusses impact of FTX collapse nearly one year since implosionIn a wide-ranging interview with CNBC Crypto World, John Wu, president of Ava Labs, discusses the impact of the collapse of FTX and what has changed since the crypto exchange's implosion. He also weighs in on Binance.US halting U.S. dollar withdrawals.
Persons: Labs, John Wu, Ava Organizations: CNBC, Ava Labs
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBinance's U.S. affiliate cuts off USD withdrawals: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, John Wu, president of Ava Labs, discusses the impact of the collapse of FTX and what has changed since the crypto exchange's implosion. He also weighs in on Binance.US halting U.S. dollar withdrawals.
Persons: explainers, John Wu, Ava Organizations: CNBC Crypto, CNBC, Ava Labs
A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets. Others like Franklin Templeton, UBS Asset Management and ABN Amro (ABNd.AS) have launched tokenized versions of assets such as money market funds and green bonds. Indeed, the actual issuance and value of tokenized traditional assets remains small. Some market players now see significant advances.
Persons: Benoit Tessier, Franklin Templeton, Colin Butler, tokenization, hasn't, Morgan Krupetsky, Doug Schwenk, Lisa Mattackal, Medha Singh, Tom Wilson, Pravin Organizations: La Maison du, REUTERS, London Stock Exchange, Mirae, Securities, UBS Asset Management, ABN Amro, Polygon Labs, Reuters Graphics, Northern Trust, HSBC, Ava Labs, Digital Asset Research, Thomson, Reuters Locations: La, Paris, France, U.S, blockchain, Bengaluru
The business-to-business software firm, which has a market cap of $11.5 billion, gave users the option of logging in with their World ID beginning in June. Social media app Discord also uses World ID for verification. But ultimately, the foundation envisions a future where a World ID could be used to facilitate nationwide votes, among other use cases involving banking and e-commerce. Ava Labs president John Wu tells CNBC that the self-custody feature of the Worldcoin ID is also critical. Despite his concerns, Mwangi ultimately chose to enroll in the project because he believed in the wider mission of the World ID.
Persons: Keneth Byarugaba, Byarugaba, Namureba Abel, Abel, Muvya Muthama, Muthama, Sam Altman, Peter Mwangi, I'm, Mwangi, They're, Worldcoin, John Wu, Wu, Ricardo Macieira, Annegret Hilse, hasn't, Byarugaba indoctrinates, it's, isn't, CNBC's Jordan Smith Organizations: Worldcoin, CNBC, cryptocurrency, Social, FBI, Reuters Locations: Uganda, Kampala, Nairobi, Kenya, web3, Chile, Europe, Berlin
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAva Labs' John Wu breaks down the 'many benefits' of tokenizationJohn Wu, president of Ava Labs, weighs in on the Curve Finance hack, privacy concerns related to Worldcoin and regulatory advancements in the United States. He also discusses the launch of a new program focused on tokenization called Avalanche Vista.
Persons: Labs, John Wu, Ava Organizations: Ava Labs, Curve Finance Locations: United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGameStop to shut down crypto wallet, citing 'regulatory uncertainty': CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. John Wu, president of Ava Labs, weighs in on the Curve Finance hack, privacy concerns related to Worldcoin and regulatory advancements in the United States. He also discusses the launch of a new program focused on tokenization called Avalanche Vista.
Persons: explainers, John Wu, Ava Organizations: GameStop, CNBC Crypto, CNBC, Ava Labs, Curve Finance Locations: United States
Ava Labs on U.S. cryptocurrency regulation and Coinbase lawsuit
  + stars: | 2023-04-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. is 'falling behind everyone else' in creating certainty for cryptocurrency: Blockchain firmJohn Wu of Ava Labs discusses Coinbase's lawsuit against the U.S. Securities and Exchange Commission and the need for "substantive communication" between U.S. regulators and cryptocurrency companies.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin rebounds, and bankruptcy judge approves Voyager's restructuring plan: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, John Wu, president of Ava Labs, weighs in on Silvergate's warning it might not be able to stay in business. He also discusses the future of web3 and a new partnership geared toward revolutionizing the gaming industry.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlockchain firm explains why it still has 'a lot of hope' in cryptoJohn Wu of Ava Labs says "even though the crypto capital markets are now slowly becoming less and less liquid … the blockchain technology and the use cases" have continued.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto sell-off rages on as FTX files for bankruptcy and SBF steps down: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, John Wu, the president of Ava Labs, discusses the impact of the FTX bankruptcy on the crypto industry.
Token management platform, Magna, announced a $15.2 million seed round on Thursday. Tiger Global, Galaxy Digital, Tusk Venture Partners, and Solana Ventures are all Magna backers. Check out this 7-page investing memo that landed the project fundingMagna, a token management platform, announced a $15.2 million seed round on Thursday, notching a $70 million valuation. Backed by industry giants Tiger Global and Tusk Venture Partners, the fresh capital will go towards product development, staff expansion, and forthcoming partnerships. "We started Magna to solve a problem we hear from crypto companies and institutions about managing token distributions.
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