Enthusiast of Tech, Gaming, Space, Web3.
Joined February 2018
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Cryptech & FPS 🇮🇹 retweeted
Avalanche's co-founder helped build a proof-of-work currency six years before Bitcoin...
Emin Gün Sirer (@el33th4xor) co-designed Karma at Cornell in 2003 with two of his students. His bios call it the first currency to mint coins through proof-of-work, though Wei Dai's 1998 b-money proposal sketched the idea earlier.
Karma aimed to stop freeloading on file-sharing networks by tracking what each user gave and took, long before Bitcoin introduced proof-of-work money.
In 2013, he and Ittay Eyal found a flaw in Bitcoin's mining rules. A group of miners could secretly hold back the blocks they found, then release them at the right moment to wipe out rivals' work. Even a minority of miners could earn more than they should. The attack is now known as "selfish mining".
He later co-founded @AvaLabs, the company behind Avalanche (@avax), and still runs it as CEO.
Cryptech & FPS 🇮🇹 retweeted
6 years of Avalanche 🔺
6 years of innovation, persistence, determination, setbacks, challenges, growth, passion, and 6 years of you.
Thank you for being on this journey with us
Cryptech & FPS 🇮🇹 retweeted
🚨HUGE: The NYSE is working to bring $40 TRILLION in US stocks and ETFs ONCHAIN.
The exchange has spent a year testing Avalanche and is building a tokenized securities platform with onchain settlement and stablecoin-based funding.
Tokenized shareholders will keep full dividend and voting rights with instant settlement and fractional shares.
"Avalanche checks a lot of those boxes for us," ICE's Head of Strategic Initiatives said, per The Block.
Cryptech & FPS 🇮🇹 retweeted
¡Sorteamos 2 copias de Zelda: Ocarina of Time Remake para Nintendo Switch 2!
1⃣ Síguenos (@Nintenderos)
2⃣ RT aquí
¡Suerte! - nintenderos.com/nintendo-swi…
Cryptech & FPS 🇮🇹 retweeted
BREAKING: Largest US Brokerage, Charles Schwab, to add AVAX to Charles Schwab Crypto.
Charles Schwab is home to 40m brokerage accounts, and this marks their platforms first expansion beyond Ethereum & Bitcoin.
Cryptech & FPS 🇮🇹 retweeted
BREAKING: Kenya Government brings 30M+ academic credentials on chain with Avalanche
Through @KNECKenya, academic records are now verifiable and forgery-resistant, with Avalanche powering the national verification layer.
Cryptech & FPS 🇮🇹 retweeted
Tokenized US Treasuries on Avalanche (@avax) have climbed to $839 million, marking one of the strongest growth periods for real world assets on the network.
Cryptech & FPS 🇮🇹 retweeted
Did Avax just team up with one of TradFi's biggest companies?!
@Avax announced that it has published a "Stablecoin Playbook" alongside Big Four consulting and accounting for @Deloitte.
Per the announcement, the new guide covers several key aspects of the burgeoning stablecoin sector, including...
- adoption strategies
- regulation
- moving from vision to execution
Cryptech & FPS 🇮🇹 retweeted
🔥 NEW: Visa has launched a new stablecoin platform to enable digital dollar payments for more than 200 million merchants worldwide.
Cryptech & FPS 🇮🇹 retweeted
BREAKING: Bridgetower tokenizes $11B+ in RWAs on Avalanche
Avalanche moves to the #1 blockchain by net inflows on @RWA_xyz.
Real assets. Real infrastructure. On Avalanche.
Cryptech & FPS 🇮🇹 retweeted
LATEST: 📊 Grayscale head of research Zach Pandl says Ethereum, Solana, BNB Chain, Avalanche, and Canton Network stand to benefit most as tokenization grows.
Cryptech & FPS 🇮🇹 retweeted
BlackRock and Avalanche is a match made in heaven.
In early 2024, financial giant @BlackRock launched a tokenised money market fund $BUIDL on the @Avax network.
The fund's AUM is up some +105% in the past week, breaking past total assets of some $900M, per @MSBIntel.
Now one of crypto's biggest institutional products, will this benefit the $AVAX token itself?
Cryptech & FPS 🇮🇹 retweeted
🚨HYUNDAI TO USE AVALANCHE FOR STABLECOIN TRANSFERS
Hyundai has moved its cross-border internal remittance system into production readiness on Avalanche, making it the FIRST major South Korean company to use the network for live treasury transfers.
The pilot moved USD and USDT between Hyundai’s U.S. and Mexico entities.
Cryptech & FPS 🇮🇹 retweeted
The global leader in biometric identity is working with Avalanche.
@NEC has deployed 1,000+ biometric identity systems across 70+ countries.
Now, NEC and Ava Labs are working together to build an architecture for biometric-verified blockchain based services.
Cryptech & FPS 🇮🇹 retweeted
BREAKING: Hyundai moved $20,000 between its US and Mexico units in USDT on Avalanche, settling in seven minutes.
Conventional interbank transfers take three to four hours; Hyundai Card ran the pilot with Tether, Ava Labs, and payments firm Axiym for a real intercompany settlement.
Cryptech & FPS 🇮🇹 retweeted
Securitize Debuts Tokenized Stock On Avalanche And Solana
Securitize (@Securitize) has become the first company to debut shares on the NYSE and simultaneously launch tokenized stock on Avalanche (@avax) and Solana (@solana).
The move enables 24 hour trading and broader global access to SECZ shares. Company executives say tokenized IPOs could become common within the next year.
Securitize began trading on the NYSE Thursday following a merger with Cantor Equity Partners II.
Shares opened at $12.45 and closed the day at $12.30.
Cryptech & FPS 🇮🇹 retweeted
BREAKING: The largest tokenized stock makes its debut on Avalanche 🔺
@Securitize now has > $700m worth of RWAs tokenized on Avalanche
Cryptech & FPS 🇮🇹 retweeted
There’s a conflict inside TradFi.
Firms want access to the innovation of public blockchains, but they also need control, privacy, and known participants.
On Avalanche, with custom L1s, that tradeoff disappears.
@John1Wu explains: