Former Grayscale CEO Michael Sonnenshein Joins Aptos Labs as Adviser
Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI’s chief product officer, Kevin Weil.
Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI’s chief product officer, Kevin Weil.
This latest acquisition took place over the past few days, with current holdings now valued at nearly $38 billion.
The unlaunched lending initiative will start with $2 billion in funds, which could eventually grow to tens of billions of dollars.
Phantom, a crypto wallet with a steeper learning curve, is ahead of exchange giant Coinbase in the Apple App Store rankings.
Rick Wurster, who will step into the role of the CEO in the new year, said that the bank has been waiting on a change in the U.S.’s regulatory environment, which he expects to happen soon.
A shakeup to Jito’s economic rails is in the works.
The integrations aim to boost küresel payments and decentralized finance on the Aptos network.
Bitcoin’s price premium on Coinbase rebounded after flipping negative during the recent pullback, suggesting that American traders may be driving the rally.
Bitcoin is currently up over 36% for November, which has only been beaten by three other months since October 2021.
XRP surged 14% in the past 24 hours, outpacing bitcoin and other majors, extending a month-long run that has seen its price triple.