security & 🪃 founding eng @anchorage // prev co-founder @bastion, cto @a16z crypto, sec infra @facebook, & sec @docker // work hard, be kind
Joined December 2012
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Riyaz Faizullabhoy retweeted
Quantum computing may not yet pose a practical threat to most blockchain cryptography, but organizations should not wait to prepare.
In the latest BSSC blog, Riyaz Faizullabhoy, Engineering Lead, Security Engineering at Anchorage Digital and BSSC Board Member, outlines practical steps for understanding cryptographic exposure, strengthening infrastructure, building crypto agility, and preparing for future network changes.
Read the full blog to start preparing: blockchainssc.org/preparing-…
Riyaz Faizullabhoy retweeted
Contribute compute with power.
Nexus Chat: Why the Nexus CLI Unlocks Scalable Compute
The Nexus CLI is ideal for those who want to run Nexus nodes on multiple servers, or in environments when a web browser just isn't enough.
youtube.com/watch?v=B5D92Oue…
Riyaz Faizullabhoy retweeted
We’re making big things happen with HIFI and are thrilled to welcome them to the Bastion platform as they usher in the next generation of payments and payouts at scale.
Learn more: blog.bastion.com/blog/bastio…
Riyaz Faizullabhoy retweeted
Wallets are now a commodity. And the differences that most providers focus on are ultimately negligible when it comes to business impact.
blog.bastion.com/blog/embedd…
Riyaz Faizullabhoy retweeted
In the next two weeks, the House of Representatives will vote on the most important piece of crypto legislation to date: FIT21. We’ve long called for regulatory clarity that protects consumers and innovation and the FIT21 Act will do just that.
Americans have embraced digital assets, but the current regulatory approach too often limits innovation and privacy without actually addressing the solutions needed to protect consumers or tackle illicit activity.
FIT21 will help stamp out scams, ensure oversight of crypto exchanges, and protect American consumers by implementing strict rules on crypto trading. FIT21 has bipartisan support because it tackles these issues.
I encourage everyone who believes in the power of blockchain technology to support this legislation. The best thing to do is get in touch with your local representative and tell them to support FIT21.
@standwithcrypto offers helpful resources to find and contact your local representative here: standwithcrypto.org/action/e…
🚨 BREAKING: House to consider the Financial Innovation and Technology for the 21st Century Act.
#FIT21 will deliver robust consumer protections and regulatory clarity for digital asset markets.
👇 Read more 🔗
financialservices.house.gov/…
Riyaz Faizullabhoy retweeted
If you're a founder in crypto debating which VC to have lead your round and @a16zcrypto is on the table, let me tell you:
they are a *cheat code*
as a portfolio founder and former team member, let me explain to you why.. 🧵
Riyaz Faizullabhoy retweeted
We hear one pain point time and again in our conversations with web3 builders: It's incredibly hard to navigate regulatory compliance. bastion.com/blog/navigating-…
Riyaz Faizullabhoy retweeted
Nothing better than bringing together leaders in web3 over good food.
We're wrapping up @NFT_NYC, then our founder @nassyweazy is off to @signalweek, where he'll be connecting with more builders. Let us know if you'd like to connect!
The last supper of @NFT_NYC week symbolically with the greats @bastion 🤗🫡🤝
Pro tip: when @nassyweazy invites you for dinner say yes
🥠🥢👾
Riyaz Faizullabhoy retweeted
Trustworthiness is king when it comes to infrastructure 👑 Hear the recent convo with our co-founders on @YWhales_W3
youtube.com/shorts/I9G6Y1s3S…
Riyaz Faizullabhoy retweeted
What's your take on #MicroStrategy raising over $700M to purchase #BTC? Episode 21 of #yWeb3 Navigating Frontier Tech has just dropped, covering regulatory updates, policy decisions, and a deep dive into the transition of traditional finance into blockchain technologies.
💡Host @Jay_Steinback is joined by guests Nassim Eddequiouaq and @riyazdf, Co-Founders of @bastion.
⭐️Tune in for captivating clips on blockchain transparency in finance, the SEC's delay in BlackRock's ether ETF proposal, and a glimpse into the future of Web3.
📺 Watch the full episode here: links.ywhales.com/4abB28t
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Riyaz Faizullabhoy retweeted
I'm back, did you miss me? I have some huge news!
Over the last year and a half, I've been working on something big in secret with the rest of the crypto security community. Today, we're finally ready to reveal ourselves to the world. We are @_SEAL_Org
Riyaz Faizullabhoy retweeted
I'm incredibly proud of what we've achieved at @bastion this year:
• Incorporated
• Raised $25M led by a16z crypto
• Grew to 10 people
• Shipped our Regulated Wallets API
• Received Money Transmitter Licenses
• Onboarded top web3 businesses
1/
Riyaz Faizullabhoy retweeted
📌 In a recent chat with Metaverse Post, @bastion new COO Caroline Friedman (@CFriedman00) shared insights into strategic significance of the role, and her vision for the company.
👇 Read more: mpost.io/bastions-coo-caroli…
Riyaz Faizullabhoy retweeted
Our Founding Member @CFriedman00 met with MP Griffith to discuss how regulations can foster safe and robust innovation in web3.
We appreciate the positive legislative approach to web3 policy being taken by the UK government, and enjoyed the opportunity to speak with MP Griffith.
Economic Secretary visits the Big Apple 🍏
@griffitha & UK Trade Commissioner @ewadesmith met leading US investors this week to talk about the UK as a world leader in the financial services industry, and reasons to invest in our high-skilled workforce & economy.
ALT The Economic Secretary smiles and looks towards the camera alongside business leaders.
ALT The Economic Secretary is seated and talking to an audience. The backdrop say "Reuters - The source".
ALT The Economic Secretary stands on a stage and addresses an audience. In the background is a sign that says Founders Forum North America.
ALT The Economic Secretary stands alongside business leaders and employees. The background says "Welcome Andrew Griffith MP, UK Economic Secretary to the Treasury to the Mastercard Experience Center
Riyaz Faizullabhoy retweeted
An honour to host EST @griffitha with @a16zcrypto portco founders in our NYC office
Economic Secretary visits the Big Apple 🍏
@griffitha & UK Trade Commissioner @ewadesmith met leading US investors this week to talk about the UK as a world leader in the financial services industry, and reasons to invest in our high-skilled workforce & economy.
ALT The Economic Secretary smiles and looks towards the camera alongside business leaders.
ALT The Economic Secretary is seated and talking to an audience. The backdrop say "Reuters - The source".
ALT The Economic Secretary stands on a stage and addresses an audience. In the background is a sign that says Founders Forum North America.
ALT The Economic Secretary stands alongside business leaders and employees. The background says "Welcome Andrew Griffith MP, UK Economic Secretary to the Treasury to the Mastercard Experience Center
Riyaz Faizullabhoy retweeted
We released ERC4626 standard property tests to help vault builders catch discrepancies in subtle, easy-to-miss details of the standard requirements.
Code: github.com/a16z/erc4626-test…
Post: a16zcrypto.com/generalized-p…
What is it, why does it matter, & some actionable insights: 👇🧵
Riyaz Faizullabhoy retweeted
The latest web3 weekly newsletter is out!
Covers:
*trend deep-dive: metaverse 🎧
*fundamentals: DAG-based consensus ▶️
*how to guides: NFT bizdev 🤝
*security: 'non-custodial' wallets 🔐
*methods behind the madness: optimizor challenge🥇
subscribe here:
a16zcrypto.substack.com/p/me…
