Ira Auerbach
@iraauerbach
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Chief Product Officer, Digital Assets @ Galaxy
New York, USA
Joined August 2008
This isn’t just another logo x logo partnership—this is a big fucking deal. So excited to form a deep partnership between @SuccinctLabs and @OffchainLabs to bring ZK to their rollup stack. Over the next year, our teams will collaborate on a ZKP version of Arbitrum’s rollup
We're bringing ZK to the Arbitrum ecosystem with @SuccinctLabs. Today we're unveiling Tandem's partnership with Succinct, enabling faster capital movement and simpler integration for developers through the power of modular ZK provers. 🧵
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Excited to be working with @SuccinctLabs!
We're bringing ZK to the Arbitrum ecosystem with @SuccinctLabs. Today we're unveiling Tandem's partnership with Succinct, enabling faster capital movement and simpler integration for developers through the power of modular ZK provers. 🧵
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Was great chatting with @CoinDesk for Crypto Daybook Americas
President Trump's call for Jerome Powell to leave the Fed failed to stir $BTC with crypto markets muted and many countries on holiday to mark Easter, @FranciscoMemor reports in Crypto Daybook Americas. https://t.co/GudxXQoypH
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Short-term price movements are being driven by fear and headlines. But underneath that, the fundamentals of crypto are still moving in the right direction. TLDR, Builders are building. The signal is there. The outlook for the crypto industry is up and to the right.
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There are also signs of long-term strength in the broader crypto ecosystem. Developer activity remains strong, code is being shipped, and new projects continue to launch across the space.
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I believe we are starting to see and will continue to see a shift back to bitcoin behaving more like a hedge. As pressure builds in traditional financial markets, bitcoin’s role as an alternative store of value will become more clear.
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Bitcoin was created in direct response to the 2008 financial crisis. It was built as an alternative to centralized financial institutions. That foundational narrative hasn’t gone away.
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Over the past few weeks, bitcoin has acted more like a risk-off asset. That might seem like a contradiction given its origin, but the current market structure helps explain it.
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Part of this is structural. With the recent ETF approvals, bitcoin has become easier to access for traditional investors. That access has created more correlation between bitcoin and broader markets.
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Markets are reacting to headlines. That emotional trading behavior is bleeding into crypto, and right now bitcoin is moving in sync with traditional assets.
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What we’re seeing across both traditional and crypto markets is classic news-driven trading. This is the same behavior we’ve seen during previous periods of instability like COVID, the European debt crisis, and the 2008 financial crisis.
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Had an exciting chat about the state crypto markets and adoption this week with @AsharqBusiness Here's some of my takes 👇
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Congrats to the @FhenixIO team on the exciting milestone!
Introducing ☕️CoFHE: FHE with a Single Line of Code! CoFHE is bringing FHE to Ethereum smart contracts—enabling encrypted computation with a single Solidity import. Now live on Ethereum Sepolia testnet, with more EVM chains coming soon! https://t.co/tUuL52IWq3
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Excited to join @sgoldfed, @GuyZys and @GuyItzh next Monday! We'll be chatting about Tandem's partnership with Fhenix and how we're working together to bring FHE confidential smart contracts to life on @Ethereum and @Arbitrum!
1/ ICYMI: We’re teaming up with Tandem by @OffchainLabs to bring FHE to everyone, everywhere. ✨ Join us next Monday for a Twitter Space to learn what this partnership means for FHE-based confidentiality on @arbitrum and Ethereum. Set a reminder:
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Had a great conversation with @jacqmelinek on @_TalkingTokens! We chatted about how we’re accelerating innovation on Ethereum through supporting builders at Tandem by @OffchainLabs , the latest addition of projects we’re supporting like @FhenixIO, and much more! Check it out
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A confidential future for Ethereum is closer than you think and we’re looking forward to bringing FHE to life If you’re interested in being part of our journey, you can dm me directly or follow @OffChainLabs and @FhenixIO for updates.
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What’s next? Well, we have two very clear objectives: 1. Continue to conduct research and development to make FHE accessible beyond academic settings, and 2. Implement FHE-based confidentiality across Arbitrum, Ethereum and beyond.
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