Tagged: john wu

Avalanche Lending Protocol BENQI Reaches $1B Total Value Locked a Few Days After its Launch

Avalanche lending protocol BENQI has reached $1 billion in total value locked (TVL) only a few days after its launch. BENQI, an algorithmic liquidity market protocol, has managed to attract more than $1 billion in total assets to its “decentralized” platform since its launch on… Read More

Lee Schneider Joins Ava Labs as General Counsel

Lee A. Schneider has joined Ava Labs as the firm’s first General Counsel, according to a note from the company. Schneider is well known in the crypto/blockchain sector having previously been GC of Block.one/EOS. He is a regular suspect in Washington, DC where he is… Read More

Ava Labs’ Avalanche Token Sale Raises $12 Million, Reg D 506c Public Sale is Next

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

Initial Doubts about Blockchain or DLT’s Usefulness are “Fading” As Fintech Businesses See it As “Integral”: Report

Big Four auditing firm Deloitte claims that Fintech industry professionals no longer think that blockchain or distributed ledger technology (DLT) is “groundbreaking and merely promising.” The professional services firm’s 2020 Global Blockchain Survey polled around 1,500 senior management professionals and found that: “Initial doubts about… Read More

Cornell Computer Science Professor Dr. Emin Gün Sirer’s AVA Labs Acquires Fintech Investery Inc.

AVA Labs, an efficient and modular decentralized services platform, has acquired Investery Inc., a private capital markets platform, that aims to assist investors in managing alternative investments.  Investery’s current business partnerships will be transitioning over to AVA. John Wu, CEO and founder at Investery, and… Read More

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