Aptos
Aptos is a new, independent high-performance PoS Layer 1 project focused on delivering the safest and most scalable Layer 1 blockchain in the world. The Aptos blockchain leverages the Move programming language and the Move VM for application development, which are created and optimized for blockchain use cases.The team is comprised of the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose. Aptos raised $200m from a16z, Multicoin, Binance and others. Aptos launched Devnet in mid March, incentivized testnet in late May and targets Q3 for mainnet launch.
Cryptocoins News / Blockchain - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The Ethereum blockchain’s well-known scaling problems have opened the door to competing Layer-1 networks bidding to provide a more capable foundation for decentralized applications. There has been a lot of interest in these alternative blockchains, w...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Binance Labs, the venture capital arm of the crypto giant, Binance, announced yesterday that the company has boosted its strategic investment in Aptos Labs, a technology-driven blockchain firm focused on user security.</p><p>Apt...
Cryptocoins News / Blockchain - 2 years ago
Aptos Labs, a blockchain startup, announced Monday that it raised $150 million in a Series A funding round led by FTX Ventures and Jump Crypto.
The raise follows a seed round that Aptos conducted in March, bringing the company’s total funding to $3...
Bitcoin News / Bitcoinist - 2 years ago
The team behind Diem, a project launched and abandoned by Meta (formerly known as Facebook), is moving fast with the development of Aptos. A new layer one blockchain build with Move, the programming language initially designed for the Facebook projec...
Cryptocoins News / The Cointelegraph - 2 years ago
Layer-1 blockchain developer Aptos Labs has closed a $150 million funding round to further its ambitions in the Web3 space, further highlighting venture capital’s appetite for budding crypto-focused startups.
The funding round was co-led by venture...
Cryptocoins News / NewsBTC - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
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 fun...
Cryptocoins News / Blockchain - 2 years ago
Former Meta Platforms Inc staff, led by Mo Shaikh, have $200 million in a strategic funding round for its new startup Aptos, a layer-1 blockchain protocol looks to continue the innovative work that was being done of the Libra/Diem project.
The fu...