Aptos Labs Co-Founder Steps Down, APT Plunges 12.4%
TL;DR Mo Shaikh, co-founder of Aptos Labs, resigns as CEO but will continue as the company’s strategic advisor. The CEO position will be taken over by
Aptos is a Layer 1 blockchain platform that was founded in 2021 and is based in Palo Alto, California. It was created to provide a safe and scalable blockchain platform engineered to evolve with a core focus on user experience.
Aptos uses resource objects and the Move programming language to build smart contracts and other applications on its blockchain.
The Aptos blockchain has recently gained popularity, raising about $400 million in funding, amid a bear market. Aptos is designed to be easy to use and features a web3 user-experience that aims to redefine how users interact with the blockchain. The Aptos Labs team is committed to developing products and applications on the Aptos blockchain that redefine the web3 user experience.
Aptos is open-source and offers REST API docs for developers to interact with its blockchain. Its newly released crypto project aims for safe, scalable blockchain technology with a focus on user experience.
TL;DR Mo Shaikh, co-founder of Aptos Labs, resigns as CEO but will continue as the company’s strategic advisor. The CEO position will be taken over by
TL;DR Aptos integrates native USDC and Circle’s CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the
TL;DR Aptos (APT) will unlock $99.30 million worth of tokens this week, part of a broader trend with over $451 million in token releases scheduled between
TL;DR Aptos Labs Acquires HashPalette: Aptos Labs has expanded into the Asian market by acquiring Japanese NFT service provider HashPalette Inc., aiming to integrate Japanese businesses
TL;DR Aptos integrates the privacy platform Nillion to enable confidential applications such as private DeFi, AI assistants, and secure games. Nillion employs advanced technologies like MPC
TL;DR Aptos Foundation partners with Myco to integrate its Web3 streaming technology into the APT blockchain, driving the decentralization of digital streaming. The collaboration includes the
TL;DR AIP-63 Launch: Aptos has officially launched the Coin to Fungible Asset Migration on its mainnet, introducing the new fungible asset standard, AIP-63, which replaces the
TL;DR Ecosystem Growth and Accelerator Program: OKX Ventures and the Aptos Foundation have launched the Ankaa fund, with a focus on nurturing projects within the Aptos
TL;DR Ondo Finance introduces USDY, the first Treasury-backed stablecoin on the Aptos blockchain. It offers a 5.3% APY yield and integrates with major DeFi protocols on
TL;DR Aave V3 will be deployed for the first time on a non-EVM-compatible blockchain, Aptos, marking a milestone for the DeFi economy. Aptos offers a capacity
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