$84,468.00
0.62%$1,592.76
1.00%$2.10
0.90%$587.43
1.17%$133.17
6.12%$0.99998
0.00%$0.247995
-2.37%$0.155882
1.64%$0.61947
2.29%$1,590.74
1.01%$84,413.00
0.72%$9.39
-0.00%$19.25
1.84%$12.45
2.27%$2.95
2.88%$0.239034
1.36%$0.999934
0.01%$0.00001182
1.50%$1,914.51
1.32%$2.10
0.97%$0.16034
1.74%$330.84
4.05%$74.92
1.10%$16.49
7.38%$3.63
2.97%$0.999045
-0.16%$4.35
1.09%$0.99923
0.04%$1,595.72
1.12%$0.607114
-0.89%$27.80
0.31%$216.41
-0.35%$1,698.51
1.08%$84,449.00
0.63%$5.19
0.59%$0.00000722
1.29%$50.51
-2.38%$4.57
-0.59%$22.24
0.07%$33.71
-0.23%$0.838352
2.51%$1.048
0.07%$1.00
0.00%$2.04
1.41%$0.701532
0.83%$0.083192
1.72%$4.67
-0.74%$14.93
1.36%$1.17
-0.01%$138.12
3.00%$3.96
6.93%$234.67
1.52%$0.07675
0.11%$0.02261272
2.18%$4.23
0.33%$4.08
1.81%$84,171.00
0.85%$0.998051
-0.14%$0.183281
2.47%$0.180285
0.27%$2.38
-0.57%$7.61
-4.12%$0.273941
0.97%$0.473284
1.26%$2.31
1.54%$3.81
2.41%$84,303.00
0.84%$0.280656
1.46%$10.05
-3.38%$0.468585
2.70%$1,352.51
0.61%$0.071307
-1.48%$0.99925
-0.07%$139.30
5.83%$0.641292
1.67%$3.94
0.92%$0.365974
3.00%$1.025
0.86%$66.37
4.14%$1,590.45
0.77%$1,663.24
1.24%$0.01471128
-0.22%$0.608182
-3.00%$0.00001171
0.52%$0.696345
-0.34%$0.882
-0.76%$0.578472
-0.21%$0.167879
-0.60%$0.999415
-0.13%$1.00
0.03%$3,346.98
0.51%$587.03
1.09%$0.999767
0.02%$0.605821
-5.79%$13.91
-1.28%$1,797.51
0.97%$3,347.28
0.59%$7.68
0.08%$83,785.00
1.49%$0.0768
-0.43%$0.408941
2.81%$0.99887
0.09%$84,295.00
0.61%$0.01374052
-2.41%$0.689558
-12.96%$2.25
4.46%$146.68
6.31%$0.635061
-2.22%$0.01915676
12.46%$0.998973
-0.02%$3.47
5.85%$1,695.38
1.22%$0.685671
1.79%$0.612751
5.15%$171.06
6.14%$0.01380859
-0.91%$0.247008
-0.44%$0.00000061
1.03%$0.099904
0.90%$0.15717
1.12%$1.088
-1.29%$0.235903
-7.48%$27.69
-0.19%$0.344884
0.87%$0.00005385
0.94%$1.79
-0.89%$0.413052
9.35%$0.49345
-2.21%$1.59
-1.73%$0.267329
1.74%$1,668.83
1.18%$3.07
-4.33%$0.998252
0.10%$83,896.00
-0.36%$30.54
-1.67%$0.068359
0.22%$0.999922
0.01%$82,122.00
0.48%$1.69
1.95%$0.429154
2.03%$0.128089
2.68%$13.91
1.70%$0.999991
-0.00%$84,605.00
0.92%$0.454997
0.29%$83,087.00
0.00%$0.55232
0.82%$0.00458504
1.71%$0.00000043
0.03%$1.96
-5.56%$3.72
2.22%$1.08
0.00%$110.71
0.01%$0.997296
-0.25%$1,662.15
1.05%$0.15575
1.43%$1.12
1.47%$0.00687441
0.53%$1,695.68
1.11%$13.62
1.06%$0.00001925
1.61%$84,156.00
0.82%$5.39
0.77%$0.375645
1.40%$22.84
-0.25%$0.999392
-0.04%$1,591.93
1.89%$0.544602
1.11%$2.19
2.90%$1,593.51
1.17%$0.999028
0.19%$0.119882
-0.73%$38.88
-1.59%$0.132041
1.95%$1,592.11
1.06%$1,592.22
0.95%$0.03566757
-0.21%$0.03384535
4.57%$0.413543
1.15%$1.00
-0.02%$0.999701
0.08%$0.063247
-3.07%$0.998952
-0.05%$0.01673241
-1.84%$4.90
-1.74%$0.999926
0.02%$0.158688
-1.50%$0.391197
2.96%$0.00005802
1.66%$0.180495
0.36%$0.739925
0.80%$0.727718
3.78%$0.491483
3.59%$0.03058874
-2.35%$0.257636
1.15%$0.066292
-0.92%$0.0035579
1.21%$0.00568201
1.12%$0.00471224
8.68%$3.72
2.98%$0.999868
-0.01%$1.00
0.05%$1,610.62
-0.52%$108.83
1.18%$0.00000134
-3.04%$84,621.00
0.78%$3,230.01
0.01%$0.286205
-1.56%$0.130495
1.80%$84,204.00
0.94%$2.33
-2.13%$0.257215
2.25%$2.73
0.17%$1.035
-0.22%$1,577.15
1.20%$0.559464
2.39%$20.25
0.22%$0.200189
-0.42%$1.001
0.08%$1,595.61
1.23%$0.242988
-1.08%$0.237364
5.35%$1,683.55
1.17%$0.0337737
2.46%$21.18
-0.85%$0.514299
-0.16%$0.408382
0.92%$19.23
1.71%$1,696.69
0.61%$0.165739
0.03%$0.45415
-0.17%$3.47
-10.78%$0.01134649
4.00%$0.02646051
-1.24%$0.00037138
-1.25%$0.00253851
-1.43%$0.997899
-0.09%$0.096318
0.66%$1.00
0.00%$1,747.00
1.10%$84,289.00
0.18%$1.14
0.06%$0.621704
-1.16%$1,734.71
1.12%$2.66
0.75%$0.246129
4.60%$1.96
1.18%$0.868943
4.65%Reading
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter."
"Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team."
"I leave Aptos Labs with the utmost confidence in the team," he continued, "and strongly believe the talent and drive of Aptos Labs will bring our collective vision to life in the near future."
For as long as I can remember, I’ve been passionate about building systems that empower people—fairer, more open systems. Since 2016, I have been deeply involved in the blockchain world, both exploring and contributing to its transformative social and economic potential.
Three…— Mo Shaikh 🌐 aptOS (@moshaikhs) December 19, 2024
Aptos Labs co-founder and CTO Avery Ching will take over the CEO role, Shaikh wrote.
"Supporting and growing the ambitious Aptos builders and community, pushing the boundaries of innovation in Web3 technology, and high-velocity pioneering products are my immediate priorities for this next chapter," Ching wrote in a post shared to X. "I’m going to hit the ground running."
Shaikh did not immediately respond to Decrypt's request for comment.
The layer-1 network, an offshoot of Meta's failed Libra (later Diem) stablecoin project, launched in October 2022 to much fanfare. But its debut was marked by both technical snags and criticism over its tokenomics, which some crypto holders alleged heavily favored the Aptos Foundation and investors.
How do you build a blockchain that is decentralized, secure, and fast? Is it possible? Inevitably, the successful implementation of one of these variables comes at the expense of another. Nevertheless, the developers behind Aptos think they have the answer in an experimental transaction-ordering algorithm that is the successor to the Diem experiment. But it's not without some hiccups. What is Aptos? Aptos is very new on the scene. The recipient of a $150 million funding round led by FTX and inve...
The VC sweetheart secured $350 million from two funding rounds led by VC heavyweights Andreessen Horowitz and Jump Crypto, respectively, prior to its rollout. It clinched a whopping $2 billion valuation in that latter round—or roughly four times the value it had raised at six months earlier.
Although Shaikh is no longer helming the project, he said he would remain an advisor and further continue to consider how to help push Aptos in the future.
“I will always remain a champion of Aptos and its mission,” Shaikh wrote.
Editor's note: This story was updated after publication with additional context and detail.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
Blockchain analytics firm Chainalysis announced on Wednesday its acquisition of Hexagate, a Web3 security provider, in response to the growing threat of crypto hacks and exploits. “Together, Chainalysis and Hexagate provide a holistic risk solution that includes prevention, compliance, and remediation,” Chainalysis CEO Johathan Levin wrote in the announcement. The sum it paid for Hexagate was not immediately clear. Decrypt has reached out for clarification. We have spent 10 years following the...
