Aptos (APT) Founder Names Three Things That Could Attract a Billion New Crypto Users

The co-founder of Aptos (APT) is weighing in on what developments in the digital assets space could attract the next wave of mass adoption. In a new interview with crypto influencer Scott Melker, Aptos CEO and cofounder Mo Shaikh says that three main things could result in a billion new users flooding the space.

Timeline of Aptos

According to TokenUnlocks, a series of large-amount unlocks are slated for October, involving tokens like SUI, IMX, APT, APE, AXS and OP. The total unlock value for these tokens is estimated to exceed $174 million, a significant amount that could potentially impact the market dynamics of these assets.

South Korea's leading cryptocurrency exchange, Upbit , is reeling from a colossal security breach that has rattled the global crypto community. This unsettling incident came to light on a fateful Sunday when Upbit's vigilant security systems detected a fraudulent deposit that had infiltrated its platform.

South Korea's foremost cryptocurrency exchange, Upbit, has encountered a significant setback following the detection of a counterfeit deposit on its platform. A duplicitous group of scammers managed to present a sham coin as the authentic Aptos (APT) token, leading to one of the largest digital currency security breaches in modern history.

A fake token made to look like the real Aptos caused trouble on the Korean exchange Upbit. It made the APT token stop working for a bit because some people managed to put in the fake coins and take out real ones.

APT's on-chain metrics revealed low confidence in the bulls, hence low buying pressure. This could also be considered as a reflection of the weighted sentiment metric which has been hovering near its four-week low for since before mid-August.

Aptos total NFT trades count peaked at 5,751 in mid-June and recently dropped to single digit count. This underscored just how the slow market conditions have affected the network.

Aptos Labs launched the Aptos Assistant to increase the user experience for onboarding new web3 users. The tool, which is hoped to simplify entry into web3, connects web2 and web3 seamlessly for the common internet user and organizations alike.

On-chain data shows the Aptos (APT) trading volume has continued to be extremely high after the rally, a possible sign that more gains may be coming. Aptos Social Dominance Calms Down, But Trading Volume Remains Elevated Yesterday, news came out that tech giant Microsoft has partnered up with Aptos Labs to work on blockchain-based AI tools.

Uniswap (UNI), Polygon (MATIC), and Aptos (APT) are not just acronyms in the crypto lexicon: they represent the cutting edge of transformative technologies, the rise of decentralized finance, and the steady flow of market forces in the crypto world.

Aptos (APT) has scored a major deal with tech giant Microsoft yesterday. However, the announcement of a “partnership” between Aptos Labs and tech giant Microsoft has raised eyebrows and ignited debates across the crypto community if this is just smoke and mirrors.