Aptos to launch crypto wallet in South Korea, more inside
Blockchain firm Aptos has partnered with Atomrigs Lab and SK Telecom to build a crypto wallet service for users in South Korea.
Keep up with what's happening in the crypto world in real-time.
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.
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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.
Based on calculations from BeInCrypto, token releases scheduled for November could potentially increase the supply by approximately $443 million in value. Hashflow (HFT), Aptos (APT), and Avalanche (AVAX) are among the projects with the highest unlocks.
BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher.
In the world of cryptocurrencies, this weekend has been nothing short of thrilling. The cryptocurrency market has seen some impressive moves, with Bitcoin taking center stage, defending its position above the $34,000 mark.
Aptos, defying volatility, sails to new highs. Surging transactions, TVL spikes, and price rebounds signify a bullish journey.
Aside from APT and LINK, the other notable gainers from the larger-cap alts include NEAR and ADA.
Since the second week of October, there was a noticeable surge in demand for Aptos' native cryptocurrency APT. This increased interest led to a robust phase of Total Value Locked (TVL) growth.
Aptos' TVL growth showed that there was still a significant chunk of confidence brewing among investors. However, APT metrics showed signs of a slowing bullish momentum with the bears making their way up the chain.
Aptos Network announced the winners of its #AptosWorldTour Hack Singapore on October 27, 2023, showcasing 14 innovative projects across five tracks, including NFTs, DeFi, Infrastructure, and Web3 x AI, with winners like @IntoTheVerse_, @aptospayment, dAptoRator, @EconiaLabs, and @aptscan_ai.
Aptos (APT), a cryptocurrency that has recently been making waves, has seen an impressive surge in its value over the past week. According to data from CoinMarketCap, APT has experienced a substantial increase of 27.36% in just seven days, capturing the attention of investors and enthusiasts alike.
