Aave's testnet deployment on Aptos aims to assess V3's safety and performance, with mainnet launch pending governance approval.

Aave has deployed its third-generation lending protocol on the Aptos testnet as part of a 2025 expansion pack.

BitTorrent (BTT), FTX Token (FTT), and Aptos (APT) are driving attention today with notable price movements and market activity. BTT has risen nearly 6% in the past 24 hours, forming a bullish golden cross and experiencing a 170% surge in trading volume to $130 million.

Aptos struggles to sustain momentum despite recovery signals and cautious optimism from traders.

Aptos (APT) is one of the top gainers on the day as bulls extend upside above the $10 level. CoinMarketCap shows Aptos's price has moved +5% in the last 24 hours to trade at highs of $10.47. The uptick has seen the altcoin's value move from the low of $9.

Bitcoin (BTC) continued to slide despite signs of an attempted recovery reaching an intraday high of $94,804 during early trading hours before a rapid decline dropped it to a low of $91,788. BTC is trading at $92,317, down almost 1.33% in the past 24 hours.

The Aptos blockchain, known for its high-speed and low-cost transactions, has reached a significant milestone by processing 3.7 million transactions in a single day. With an impressive throughput of 3,700 transactions per second (TPS) and fees as low as $0.00005, Aptos is showcasing its potential as a scalable and efficient blockchain solution.

Aptos struggles with low development activity and social dominance despite record transaction milestones.

A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.

Avalanche joined Aptos as worst performers, falling 6%.

Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.

Here is how some of your favorite assets concluded the week.

TL;DR Mo Shaikh, co-founder of Aptos Labs, resigns as CEO but will continue as the company's strategic advisor. The CEO position will be taken over by Avery Ching, co-founder and CTO of APT, to lead the company's next phase of growth. After Shaikh's departure, the APT token experienced a 12.4% drop, reaching $10.

In a significant leadership shift, Mohammad Shaikh, the co-founder and CEO of Aptos Labs, has announced his resignation to pursue new ventures. Avery Ching, the company's co-founder and Chief Technology Officer, will now serve as its CEO.

Aptos Labs undergoes leadership transition as co-founder Mo Shaikh steps down as CEO, with fellow co-founder Avery Ching taking over amid market response and continued platform development.

Digital assets traded largely in the red on Friday as Bitcoin failed to steady above $100K amid unwelcoming economic signals. The altcoin space continued to bleed, with most assets recording significant losses over the past day. Meanwhile, reports of Aptos Labs CEO quitting amplified APT's price volatility.

Mo Shaikh, co-founder of Aptos Labs leaves the company as CEO “to start a new chapter.” The post Aptos Labs CEO Mo Shaikh Resigns, Continues to be Strategic Advisor on Board appeared first on Cryptonews.

Aptos faces pivotal resistance as traders watch for a breakout to sustain its rapid growth.

Mo Shaikh, CEO of Aptos, has resigned from his position. He named co-founder Avery Ching as his successor for the role.

Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser.

Mo Shaikh, co-founder and Aptos Labs CEO, has announced his resignation from the company. Shaikh will step down as CEO but will continue as a strategic advisor.

Aptos Labs co-founder and CTO Avery Ching will assume the CEO position to helm the firm's upcoming growth phase.

Mo Shaikh, the co-creator of Aptos, is leaving his CEO post at Aptos Labs. Fellow company co-founder Avery Ching will step in.

The Aptos co-founder is sticking around as a strategic adviser, though.

The crypto market took a battering after Fed Chair Powell's speech at the FOMC meeting on Wednesday. However, Thursday has dawned brightly for the crypto market and a bounce is under way.

TL;DR ENS has partnered with Linea to develop Namechain, a Layer 2 network using Linea's zkEVM technology, as part of the broader ENSv2 upgrade. Namechain will shift primary .eth domain activities to Layer 2, enhancing transaction throughput and reducing costs while maintaining integration with Ethereum's Layer 1.

Ethereum Name Service (ENS) will use Linea's Type 2 zkEVM technology to launch its own Layer 2 network, dubbed "Namechain." The post ENS Taps Linea Tech Stack to Launch its Layer 2 Network ‘Namechain' appeared first on Cryptonews.

Ethereum Name Service will use Linea's technology to develop its own Layer 2 network called Namechain.

Aptos (APT) has shown impressive recovery in recent days, following a dip earlier in December. After finding solid support at the $10.26 level, APT's price has surged above $14, and there are growing expectations that it could continue its upward trajectory, potentially reaching as high as $19.

Ethereum ENS Labs has picked Consensys' Linea's technology to develop its upcoming Layer-2 network project

Tomarket has announced a significant change in its token launch strategy just days before the scheduled debut of its TOMA token.

Together, they're bringing something new to gamers. The launch of the Niji Warrior ID Card in Ubisoft's Captain Laserhawk Universe is the result.

Ethereum Name Service and Ubisoft have inked a partnership to boost Captain Laserhawk: A Blood Dragon Remix universe.

Ubisoft has collaborated with Ethereum Name Service (ENS) to integrate blockchain-based identities into the Captain Laserhawk Universe. This collaboration provides players with personalized, blockchain-based identities within the game.

Aptos ranked as the second-fastest growing ecosystem with a 96% increase in developer activity between Q3 2023 and Q4 2024.

ENS (Ethereum Name Service) has rolled out a cool new feature called domain renting, and it's live on the Ethereum mainnet. This update opens the door to some exciting opportunities for domain owners and renters alike.

Aptos Foundation, a leading global blockchain entity, has announced the opening of its new office in the Abu Dhabi Global Market (ADGM), reinforcing the UAE's status as a hub for blockchain and Web3 innovation.

Ethereum Name Service (ENS) has emerged as an essential tool in the Ethereum ecosystem, simplifying the use of decentralized applications (dApps) by converting complex Ethereum addresses into easy-to-read, human-readable names. This service has attracted significant interest from both developers and investors, with the ENS token (ENS) playing a vital role in its growth.

Key Points:

In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.

Aptos (APT) price has risen nearly 15% in the last 24 hours, recovering strongly after its market cap dropped by $2 billion ahead of a $134 million token unlock. Despite recent bearish signals, such as a death cross formation and a 10% price decrease, APT is showing signs of a potential trend reversal.

Aptos, the fast-growing Layer-2 network, has rallied over the past four months, with technical indicators pointing to a potential 120% jump. Aptos (APT) reached $13.60 on Dec.

Aptos is one of the chains that has seen its fortune change the most in 2024 as it has made the best of the bull market. Just as L1 tokens and platforms were slowing down, Aptos managed to draw in all the elements it needed to become a growth leader.

Digital assets traded upward today as altcoins recovered from last week's double-digit declines on BTC's latest uptick past $98K. Meanwhile, Aptos (APT) remains in the woods after gaining over 5% over the past day. Ecosystem developments signal impending dips for APT from current levels.

Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.

By opening its Abu Dhabi office, the Aptos Foundation aims to tap into the UAE's forward-thinking policies and vibrant blockchain ecosystem to encourage innovation within the Aptos blockchain.

On December 6, Aptos (APT) boasted a market cap of nearly $8.25 billion. However, as of now, the market cap has plunged to $6.36 billion, shedding almost $2 billion in just five days.