SOL, FIL, CRO, APT Retrace by 5% Daily, BTC Loses $37K (Market Watch)
MATIC is among the few exceptions in the green today, having surged by 5%.
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MATIC is among the few exceptions in the green today, having surged by 5%.
Nearly 10% of the total supply of Aptos (APT) was unlocked over the weekend as 24.84 million tokens were distributed to four main groups in the ecosystem. As part of its scheduled unlocks, 1.33 million APT worth $10.72 million was given to the Aptos Foundation, 11.88 million tokens worth $95.
Aptos gains attention with its recent unlock, which released tokens worth $181 million.
Aptos (APT) is facing a temporary existential threat as millions of the tokens are set to unlock, diluting its circulating supply. According to data from crypto analytics provider Lookonchain, a total of 24.84 million APT worth as much as $181.35 million will be unlocked Nov. 12, a move based on the protocol's predefined vesting schedule.
SK Telecom, South Korea's largest mobile carrier, has announced a collaboration with Aptos and Atomrigs Lab to further enhance its web3 wallet service, T wallet.
Aptos saw its network activity rally in Q3 due to the launch of social media platform Chingari on the protocol in July.
The company aims to strengthen ties with popular mainnets and dApps, particularly focusing on T wallet.
With the number of people involved in crypto in South Korea, SK Telecom aims to expand the accessibility of its wallet to attract more users and improve adoption in the country.
South Korean telecom giant SK Telecom has announced plans to launch its Web3 wallet service, T wallet, in partnership with Aptos and Atomrigs Lab. The telecom giant hopes to expand its affiliations with customer-preferred mainnets and decentralized applications (dApps) using this tripartite agreement with the blockchain companies.
Blockchain firm Aptos has partnered with Atomrigs Lab and SK Telecom to build a crypto wallet service for users in South Korea.
SK Telecom, a telecom giant in South Korea, announced a partnership with Aptos and Atomrigs Lab, aiming for an expansion in the Web3 world. On November 7, SK Telecom took to their official X (formerly known as Twitter) handle and shared an update.
SK Telecom, South Korea's leading mobile operator, has announced a new collaboration with blockchain firms Aptos and Atomrigs Lab to develop its web3 wallet service, T wallet. On Nov.
The South Korean telecommunications group has announced Aptos collaborates with SK Telecom. Aptos is a layer-one blockchain project that utilizes the Move programming language.
SK Telecom aims to expand its “affiliations with customer-preferred mainnets and decentralized applications (dApps)” using this tripartite agreement with the blockchain companies.
The Korean mobile giant said that it plans to further develop its newly launched T wallet through the collaboration.
A month ago, Aptos (APT) surpassed the $7.20 mark, leading to substantial profits for APT holders. However, this surge in value prompted many to sell their holdings, causing the APT price to drop to $7.03.
SUI is kicks off November's token unlock calendar with a $15.9 million release.
Coinbase vs US SEC: Attorneys representing defendant Coinbase against the U.S. Securities and Exchange Commission (SEC) submitted a response to the amicus brief in support of the SEC by the North American Securities Administrators Association (NASAA). Coinbase prepares to challenge the SEC and its amicus curie in January's oral arguments.
The crypto market is set to experience significant token unlocks in November, with projects such as Aptos (APT), Avalanche (AVAX), and Hashflow (HFT) leading the way. These unlocks are anticipated to release more than $320 million worth of tokens, contributing to the overall $450 million set to enter circulating supplies in the crypto market this month.
Token unlocks in the crypto world are often seen as negative events for the prices of those assets. When tokens are unlocked, they become available for trading, which can lead to increased selling and potentially drive down the asset's price.
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Aptos will see the largest token unlock by value at around $173 million, while Hashflow will see its circulating supply increase nearly 74%.
Aptos will unlock more than 24 million tokens in the next 12 days, even as APT's weekly and daily charts remain in the green. But will the unlock cause APT's price correction?
In recent days, the cryptocurrency market has witnessed an impressive rally in the Aptos (APT) token, signaling a resurgence of bullish sentiment among investors. The APT/USDT trading pair encountered some profit-taking when it reached the $7 mark, but the resilience of the bulls suggests a determined effort to maintain their momentum.