Latest news with #KainWarwick
New York Post
28-07-2025
- Business
- New York Post
Kain Warwick has sold his NYC penthouse for $29M
Australian crypto entrepreneur Kain Warwick has sold his four-story West Village 'glass box' penthouse at 601 Washington — with a plunge pool and a rooftop hot tub — for $29 million, according to property records. Warwick is taking a hit on the splashy spread, which he bought as a pied-à-terre for $30.65 million in 2021. The residence was asking $36.5 million last December. Warwick is the founder of Synthetix — a crypto-based derivatives platform — and Infinex, a crypto company. 9 The residence fills with light. The Real Estate Production Network 9 The great room is made of grand proportions. The Real Estate Production Network 9 There's plenty of room for dining — with a view. The Real Estate Production Network 9 A view into the kitchen. The Real Estate Production Network In 2021 — the same year that Warwick bought this penthouse — two of his three brothers, Kieran and Aaron Warwick, briefly became billionaires, separately, for their role with their other brother Grant in creating a crypto computer game, Illuvium. It allows players to own their in-game assets, NFT 'monsters,' that they capture, trade or keep. This 'townhouse in the sky' comes with six bedrooms, six baths, two powder rooms, a private elevator and up to 16-foot-high ceilings — along with multiple outdoor spaces. It opens on the seventh floor with a gallery that leads to a 43-foot great room and a 25-foot chef's kitchen. There's also a dining area that showcases downtown views from sliding glass doors that open to a wrap terrace. 9 One of the home's six bedrooms. The Real Estate Production Network 9 The outdoor space is a delight. The Real Estate Production Network 9 There's space for covered dining. The Real Estate Production Network 9 At night, the pool dazzles. The Real Estate Production Network 9 The pool looks out to the Hudson River. The Real Estate Production Network Upstairs, there's a full-floor main bedroom suite with walk-in closets, a gas fireplace and a spa-like bath. Outside, there's a summer kitchen, a pergola-shaded dining area, a fire pit and that plunge pool with an infinity edge — all with downtown views that include One World Trade Center and the Hudson River. Shibumi Development's nine-story, 10-unit condo building was designed by BKSK Architects. The listing brokers were Serhant's Scott Francis, Sara Gore, Ashley Brooke and Ryan Serhant.
Associated Press
22-07-2025
- Business
- Associated Press
Fogo Launches Public Testnet: Fastest Layer 1 Blockchain Sets New Bar for Onchain Trading
Former TradFi executives from Jump, JP Morgan, Citadel, and Morgan Stanley launch the fastest Layer 1 blockchain to date CAYMAN ISLANDS, July 22, 2025 (Bitwire) -- Today, Fogo, an L1 blockchain enabling the greatest onchain trading experience with unprecedented speed, near-instant finality, and scalability, officially announced the launch of its public Testnet, introducing the fastest Layer 1 chain to date. Created for traders by a team of veteran traders from Citadel, JP Morgan, Morgan Stanley, and Jump, Fogo is the first Solana Virtual Machine (SVM) chain to feature native multi-local consensus and enshrined dApps built directly into the protocol, and will become the first live implementation of the Firedancer validator client in its purest form. 'With the launch of this Testnet, we're officially rewriting the standard for what DeFi has to offer,' said Douglas Colkitt, Initial Fogo Contributor and formerly at Citadel. 'We've rebuilt the trading stack from the ground up to build upon what Hyperliquid has made possible and bring it to the SVM ecosystem. With vertical integration, real-time latency, and fee-free execution, Fogo gives top traders and builders a new performance frontier that's fully onchain and fully prepared to deliver the next generation of performance-first blockchains.' Unlike most blockchain projects chasing speed with compromise, Fogo was engineered from the ground up to deliver institutional-grade execution without sacrificing decentralization or composability. This, combined with native infrastructure and vertical integration, positions Fogo as the first true performance-focused alternative to Hyperliquid. Key features and differentiators of Fogo include: 'Fogo represents a new wave of performance-maximized infrastructure,' said Kain Warwick, founder of Infinex and Fogo partner. 'For traders who care about execution, latency, and fairness, this is a major milestone and the evolution that DeFi desperately needs.' Fogo's public Testnet launch comes on the heels of a community-first funding round via Echo in January 2025, where the protocol raised $8M in just under two hours. Crypto investor Cobie called it 'a first' for Echo deals, praising Fogo's token distribution that favors the community over insiders. A private Testnet launched on March 31, 2025, following a Devnet rollout in January. The Fogo Testnet is an open invitation for developers, traders, and protocol builders to start experimenting with its vertically integrated architecture. The network is built to handle institutional-scale throughput with unmatched responsiveness, merging the speed and determinism of TradFi with the open, decentralized ethos of crypto. The Fogo Testnet is now live. Learn more about Fogo, access Testnet, and get signed up for future updates at About Fogo Fogo is the fastest L1 blockchain designed to deliver the greatest onchain trading experience. With its unique architecture and Firedancer implementation, the chain offers low latency, near-instant finality, and unparalleled scalability. As a purpose-built blockchain, Fogo incorporates a carefully constructed, vertically integrated tech stack. This includes a curated validator set, native price feeds, an enshrined DEX, and multi-local consensus validators to create a truly differentiated trading environment. Backed by a team of trading and engineering experts and driven by a vision to redefine what's possible, Fogo is setting the standard for high-performance blockchain infrastructure, perfectly balancing the decentralization vs performance tradeoff whilst maximizing performance and maintaining global censorship resistance. ### Media Contact: Melrose PR [email protected]
