Aptos’ blockchain was launched on Monday. The native coin went live on several cryptocurrency exchanges later that week.
Aptos is now online
Aptos Labs’ blockchain went live Monday. It was also the first Facebook spin-off network to go live. Now, blockchain developers have the opportunity to compare its performance to other popular networks, such as Solana, Cardano and Ethereum.
Binance, FTX and Coinbase all went live with native APT coins. KuCoin and Houbi Global also went live with the coin. After 20 million tokens were distributed to testnet users, APT Coin went live.
Binance gets a licence to be an operator
Binance, a leading cryptocurrency exchange is on a streak. The exchange gained regulatory approval to offer its services in Cyprus, making it the third country it has achieved this feat within the space of one month.
Binance was granted similar licenses in New Zealand, Kazakhstan, and New Zealand just a few days ago. Binance, a Crypto Asset Services Provider (CASP), was registered in Cyprus as a Class 3 by the Cyprus Securities and Exchange Commision.
Digital bank N26 launches cryptocurrency trading service
Despite the current bear market, cryptocurrency continues to grow. Earlier this week, N26, Europe’s first regulated mobile bank, announced that it would launch its cryptocurrency trading services in Austria.
N26 Crypto, which offers users access 100 cryptocurrencies, will go live over the coming weeks. It promised that it would launch more tokens once the platform is live.
N26’s entry into the cryptocurrency space will see it compete with other leading fintech companies, including Robinhood, PayPal, and Revolut.
Telegram will auction usernames using the TON blockchain
Telegram, a leading messaging platform, announced earlier this week it would launch an auction platform for usernames.
Telegram announced that the platform would be launched on the Open Network (TON), blockchain. Telegram boasts a user base exceeding 700 million and anticipates a huge growth in its new platform.
Another DeFi platform loses funds to hackers
Since the beginning of the year, DeFi platforms have been subject to numerous attacks. Earlier this week, an attacker drained 30,437 OHM tokens (roughly $300,000) from one of Olympus DAO’s smart contracts on the Ethereum network.
Security firm PeckShield reported that the attack happened because a contract failed to properly validate the attacker’s malicious fund transfer request.
Peckshield added that the smart contract lacked a validation input in the “redeem() function,” enabling the hacker to trick input values to redeem funds.
Fidelity Digital Assets is soon to offer ETH to institutions
Fidelity Digital Assets earlier this week announced that it would offer Ether to institutional investors by the end of the month.
It informed users via email that they would soon have the ability to buy, trade, and transfer Ethereum. The firm also provided details about bitcoin investments, including its operational excellence, strong security, dedicated client service, and solid security.
