John Wu


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Ava Labs President on Curve Finance Exploit, Future of Asset Tokenization

Ava Labs president John Wu joins "First Mover" to discuss Avalanche Vista, a $50M initiative for purchasing tokenized assets minted on the Avalanche blockchain, along with the opportunities and challenges of asset tokenization. Plus, his reactions to the Curve Finance exploit, Ripple's partial win against the SEC and outlook for the metaverse.

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Ava Labs President: Curve Finance Exploit 'Highlights the Need for Better Security Audits' in DeFi

Ava Labs president John Wu reflects on Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, becoming the latest victim of an exploit. Wu notes it's another unfortunate setback for the space and highlights the need for better security audits in the space. "Hopefully, one day, maybe even artificial intelligence can be used to more efficiently review their contracts and make it more secure," Wu added.

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AVAX’s Ava Labs President on Crypto Markets As Avalanche, Layer 1 Tokens Soar

John Wu, President of Ava Labs, best known for building the “layer 1” Avalanche blockchain, discusses the outlook for layer 1 tokens and the wider crypto markets. This comes as gas fees on “layer 2” solution Ethereum remain near all-time highs. Meanwhile, Ava Labs has been chosen for Mastercard’s Crypto Accelerator Program.

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Bitcoin’s Environmental Challenge: Proof-of-Stake vs. Proof-of-Work

Tesla’s decision to stop accepting bitcoin payments due to environmental concerns has reignited the bitcoin energy debate. Will the proof-of-stake network be better for the planet? John Wu of Ava Labs weighs in on the debate and discusses Avalanche, a proof-of-stake blockchain that Wu sees as a complementary to Ethereum.

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