The president of the tech firm behind Avalanche (AVAX) says that the implosion of a major digital asset lender would have more severe consequences for the crypto markets than the recent FTX fiasco. In a new Bloomberg interview, Ava Labs president John Wu says that the possible meltdown of Genesis Global Capital poses a bigger The post One Crypto Firm Poses Bigger Risk to Markets Than FTX, According to Ava Labs President Says appeared first on The Daily Hodl .