AVA Labs’ Emin Gün Sirer Unveils Launch of Ethereum on The AVA Platform

Athereum sees complete Ethereum blockchain deployed on AVA via its powerful new subnetwork functionality.   Osaka, Japan – AVA, a new decentralized platform, has today announced the launch of Athereum, the first proof-of-concept deployment of its subnetworks functionality. Emin Gün Sirer, Co-Founder and CEO of AVA Labs, made the announcement on stage at Devcon 5, the latest iteration of the world’s largest annual gathering of open-source blockchain developers.    Commenting on the news, Emin Gün Sirer, Co-Founder and CEO of AVA Labs, said,   The subnetworks functionality makes it particularly…

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Industry Leaders react to IMF’s Lagarde Comments on Crypto

With IMF Chief and European Central Bank (ECB) president candidate, Christine Lagarde, yesterday stating that central banks and financial supervisors should protect consumers, but also be open to innovations such as cryptocurrencies, what does this signal for the burgeoning blockchain and crypto industry?    Expert commentaries from leaders in the blockchain and crypto space comment:-   Charles Lu, CEO of Findora, a cryptographically transparent public ledger for building financial services applications, said:   Lagarde’s stance on blockchain technology is astute; she recognizes both the need for comprehensive regulation informed by…

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Six Years since the first ICO – What’s Next?

On July 31, 2013, J.R. Willett launched the first ever ICO, Mastercoin (now Omni), and today will mark 6 years since this monumental occasion.    Looking at the last 6 years, it’s evident that the industry has matured and the very nature of fundraising within the blockchain space has changed. We’ve witnessed a slight shift away from ICOs: as evidenced in this STO report from the NEM Foundation, and the recent launch of STOs in public markets. In 2019, we’ve witnessed a further progression towards IEOs. In light of this…

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