The market is hot, but Solana is not — Data explains why SOL price is lagging
SOL price has been in a 3 month downtrend, but recent newsflow and events could trigger a reversal. Go to Source Powered by WPeMatico
Aptos
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Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s value. The VC-backed blockchain token … Read more
VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such as Parafi, Andreessen Horowitz (a16z), FTX, and Multicoin … Read more
‘Performing as expected’ — Aptos Labs defends day 1 criticism
Aptos’ blockchain claims to handle three times the amount of transactions per second than Solana but day one of its launch saw the network transacting a much lower amount. Go to Source Powered by WPeMatico
Aptos, Led by Meta’s Ex-Employees, Gets $200 Million to Build a Scalable Blockchain System
Aptos, a new startup created by some of Meta’s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding round, involves some well-known VC names, including Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows … Read more
Diem team members raise $200M to launch blockchain derived from it
“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated. Go to Source Powered by WPeMatico
