Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6,...

The FTX collapse impacted the whole crypto ecosystem, but this might have been deeply felt in Web3 gaming because of the...

Non-fungible token (NFT) sales in November rose for the first time in seven months to top US$530 million, shrugging off the sharp declines in...

Advertisement &nbsp &nbsp The impact of FTX’s downfall is being felt all across the crypto spectrum. Since the FTX crisis began to unfold, the...

Aptos, now dubbed as yet another Solana killer, promises a highly secure, upgradeable, and scalable web3 ecosystem. Blockchains are yanked to be the future but it is still experiencing several malfunctions and issues concerning security, usability, and scalability. Aptos is a newly launched powerful blockchain designed to solve the numerous pain points of blockchains on […]

The post What Is Aptos? $APT New L1 Blockchain appeared first on Asia Crypto Today.

Hidden Road, which boasts backers like Castle Island Ventures and Citadel Securities, has launched an over-the-counter prime brokerage for digital assets. The OTC offering will...

Compliance startup VerifyVASP has concluded its Series A investment at a US$100 million valuation. FTX Ventures together with Peak Capital and Bcharu invested US$5...

The Nasdaq-listed company, Dave has confirmed recently that it has secured an investment worth $100 million from FTX Ventures, a $2 billion venture fund.

March 18, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Volume for Bored Ape Yacht Club NFTs ballooned following the launch[...]

The post Warren and Sherman Are Going After Crypto appeared first on Unchained Podcast.

Coinsmart. Europe's Best Bitcoin and Crypto Exchange. Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. FREE ACCESS. CryptoHawk. Altcoin Radar. Free Trial. Source: https://cryptobriefing.com/ftx-ventures-and-3ac-bet-on-mina-ecosystem/?utm_source=main_feed&utm_medium=rss

This year, Silvergate Capital paid $182 million for Diem’s technology assets, bringing an end to Facebook’s plan to build a crypto payments network. The deal underscores how the social network giant, now Meta, has just a limited number of regulatory-approved options for becoming a prominent player in the blockchain space. These well-known investors participated in a strategic investing round, which was led by investors including Tiger Global, Multicoin Capital, Katie Haun and Coinbase Ventures. Blockchain System For Aptos Aptos, a project founded by ex-Facebook employees who just left the firm in December, has already received unicorn money from Andreessen Horowitz and other prominent web3 investors. Aptos Chief Executive Officer Mo Shaikh said in a recent blog post: “We are the founders, researchers, designers, and builders of Diem, the first blockchain developed for this purpose… while the rest of the world never saw what we produced, our job is far from done.” Aptos has disclosed that it has raised $200 million in capital from Tiger Global, Katie Haun, Multicoin Capital, 3 Arrows Capital, FTX Ventures, and Coinbase Ventures to pursue its goal of establishing a blockchain scalability system. Another prominent first-round investor is Silvergate Capital, while the Aptos team assures that they will not license or use any of Silvergate’s Diem IP as they develop their blockchain. Related Article | Gloomy Crypto Future? Book Author Warns We’re In The Biggest Bubble In History Crypto total market cap at $1.78 trillion on the daily chart | Source: TradingView.com No Direct Link With Facebook However, some in the crypto industry are skeptical of implementing Facebook’s web3 vision, even though Diem proponents like Andreessen Horowitz may rally behind a group aiming to take up the effort. “To be clear, we have no official connection with Facebook and no funding from them,” Shaikh said. As a result, Aptos sees another challenge in recruiting developers. Move, an open-source programming language developed by Meta, is being used to lure new developers to the company. The Aptos Devnet Instead of building on top of existing decentralized networks like Ethereum or Solana, Aptos will create its own decentralized network from the ground up. Additionally, Aptos launched its “devnet,” which will allow developers to explore and build on the Aptos blockchain before its public release, which the company expects to take place in the third quarter this year. The fundamental objective of Aptos is to develop a blockchain that is more scalable, faster, and has cheaper transaction fees than the current major networks. Customers that are interested in embracing blockchain technology should expect a more stable and dependable network from the project’s developers. Related Article | Abra CEO Predicts Ethereum Could Reach $40,000 – But Some Fintech Analysts Don’t Agree Featured image from SiliconANGLE, chart from TradingView.com