Tether has made moves to launch its
USDT Stablecoin on the
Aptos blockchain, leading to lower fees and opening doors to Ultra-Low-Cost Transactions. This integration has made
Aptos' APT price surge by 16% along with an inflow of $20 million. However, contradicting predictions suggest that Aptos' Price could crash by 37% in spite of Tether’s launch on APT.
Aptos also recently partnered with
Stacks to bring forth Bitcoin Innovation. Meanwhile, an Ex-Google exec is said to have joined
Aptos Labs as an adviser, indicating potential for significant advancement in Web3. Aptos Foundation also launched a Yield-Bearing Stablecoin USDY and initiated a $10 Million Fund dedicated to Web3 Growth.
OKX Ventures and
Aptos Foundation have also jointly initiated a $10M Fund to boost the Move-Based Layer-1 Ecosystem. In spite of boasting notable developments and partnerships, Aptos was reported to have fallen 16% over the past week, owing to the anticipated unlocking of a $300M token. A notable event in the recent timeline is the revelation of a $5M security flaw in a Wormhole bridge on Aptos, as discovered by
CertiK.
Aptos Coin News Analytics from Tue, 23 Jan 2024 08:00:00 GMT to Tue, 20 Aug 2024 19:30:30 GMT -
Rating 3
- Innovation 4
- Information 6
- Rumor -5
