Tag: Aptos

Airdrops can be a great way to engage communities, but they also come with risks — from Sybil attacks to potential regulatory liability. Airdrops have emerged as a powerful tool for token distribution, user acquisition and community building as the blockchain industry has grown. They provide a unique opportunity for projects to distinguish themselves, incentivize…

Bad news continues to dominate crypto media headlines but Bitcoin and the wider market appear to not care. Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the…

Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion. The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12. While the 15.5% year-to-date gain sounds promising, the…

Aptos Labs blockchain announced the long-anticipated launch of its mainnet on Oct. 17, becoming the first of the Facebook spin-off networks to premiere and test its multibillion-dollar valuation. However, until the Aptos token, wallets, trading venues, and DApps debut, there won’t be many use cases on Aptos. Aptos is the creation of several ex-Meta employees…

Aptos, a blockchain startup founded by former Meta employees, announced a $150 million round led by FTX Ventures and Jump Crypto on July 25. The round brought the startup’s total funds raised in 2022 alone to $350 million. According to Bloomberg, the startup’s latest raise includes new investors such as Griffin Gaming Partners, Franklin Templeton,…

Ex-Meta employees have secured a $200 million funding round from crypto VC giants to develop their own version of the notorious crypto project Diem. Recently, Meta (formerly Facebook) abandoned its grand plans to create a digital currency and sold the remaining assets to Silvergate Capital for $182 million. The deal showcased how Meta is left…