Tagged: emin gün sirer

May 23, 2023 @ 3:03 pm By Omar Faridi  |  

RedStone, originator of the next-generation decentralized finance oracle platform, has announced an exclusive $350,000 angel investment round led by Web3 professionals including Stani Kulechov, Sandeep Naiwal, Alex Gluchovski and Emin Gün Sirer. The support from a host of Web3 pioneers “demonstrates the pronounced need for… Read More

January 11, 2023 @ 4:16 pm By JD Alois  |  

Ava Labs has partnered with Amazon Web Services (AWS) to boost the adoption of the Avalanche blockchain. Avalanche, created by Ava Labs, is a high-performance distributed ledger technology that aims to be “the fastest, most reliable smart contracts platform in the world.” AWS is the… Read More

May 10, 2022 @ 9:21 am By JD Alois  |  

There has been a certain amount of panic and a large amount of discussion regarding UST (TerraUSD), an algorithmic stablecoin ostensibly pegged to the US dollar, losing its one-to-one valuation. Currently, UST is recovering trading around $0.9273 but in the past 24 hours, UST traded… Read More

March 8, 2022 @ 10:34 am By JD Alois  |  

Avalanche has announced the Avalanche Multiverse, a project designed to support blockchain-enabled gaming, DeFi, NFTs, and more. Avalanche is a speedy blockchain alternative that solves existing problems in legacy networks like Ethereum.  Because of its superior performance it has seen solid growth. In a blog… Read More

February 19, 2022 @ 7:08 pm By Omar Faridi  |  

Dr. Emin Gün Sirer, Founder and CEO at Ava Labs, ex-professor at Cornell, confirmed that BENQI liquid staking is live. Liquid staking is live. https://t.co/7ltUAvEXHn — Emin Gün Sirer🔺 (@el33th4xor) February 16, 2022 The team at BENQI noted that they are pleased to confirm the release… Read More

November 10, 2021 @ 10:29 am By Tony Zerucha  |  

Tether Operations today announced it has launched Tether tokens (USDt) on Avalanche, a decentralized smart contracts platform built for the scale of global finance and business. Avalanche is designed as a highly scalable ecosystem, able to deliver rapid transaction finality and low transaction fees. It is… Read More

September 17, 2021 @ 10:18 am By Omar Faridi  |  

Polychain and Three Arrows Capital have led a $230 million investment in the Avalanche public blockchain ecosystem. They’ve been joined by R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital and several angel investors and family offices. The Avalanche Foundation will be using the funds from… Read More

August 6, 2021 @ 3:12 pm By Tony Zerucha  |  

The new Avalanche Bridge provides a better user experience than its predecessor, its creator believes. It replaces the Avalanche-Ethereum Bridge that launched in February The Avalanche Bridge is estimated to be five times cheaper than the Avalanche-Ethereum Bridge. It was built using Intel SGX Enclave… Read More

July 28, 2021 @ 5:45 pm By Tony Zerucha  |  

The availability of Chainlink Price Feeds on the Avalanche mainnet will improve the quality of DeFi applications developers can create on the popular platform. The feeds bring secure price reference data from several asset classes. Some options now available are price-sensitive derivatives markets, low-cost lending… Read More

July 23, 2021 @ 5:20 pm By Omar Faridi  |  

Chainlink (LINK) price feeds are now live on Avalanche mainnet, which should help pave the wave for advanced decentralized finance (DeFi) apps. Developers are now able to create externally connected smart contracts on Avalanche mainnet by utilizing Chainlink-based decentralized Oracle networks. As noted in an… Read More

August 31, 2020 @ 11:04 pm By Omar Faridi  |  

John Wu, the president at Ava Labs, a company that aims to create the next generation of decentralized finance (DeFi) applications, notes that his organization is working with a large European digital asset manager. Wu, who was joined by Dr. Emin Gün Sirer, who is… Read More

August 2, 2020 @ 4:40 pm By Omar Faridi  |  

The development team at Avalanche, which is AVA Labs‘ project led by Cornell computer science professor Emin Gün Sirer, confirms that it has been a few months now since they opened Avalanche’s Denali testnet to the general public. Avalanche aims to be a scalable, open-source… Read More

June 25, 2020 @ 11:03 am By JD Alois  |  

Emin Gün Sirer‘s Ava Labs Avalanche token sale has raised $12 million led by Initialized Capital and other well-known investors including Galaxy Digital, Bitmain, NGC Ventures, and Dragonfly Capital. Avalanche (previously AVA) has recently gone through a brand consolidation following the successful launch of its… Read More

June 4, 2020 @ 11:51 pm By Omar Faridi  |  

Cornell computer science professor Dr. Emin Gün Sirer has revealed that AVA’s Denali testnet (test network), which went live on May 31, 2020, now has around 600 validators on board. AVA is an open-source platform for building and deploying decentralized finance (DeFi) apps and enterprise-grade… Read More

March 14, 2020 @ 10:49 am By Omar Faridi  |  

The codebase of the AVA blockchain, a platform that aims to democratize capital markets while bridging or connecting all distributed ledger technology (DLT) platforms together into a single interoperable ecosystem, has been officially released to the global community. As mentioned in a press release shared… Read More