Aptos Reaches All-Time High and Still Up 349%, Defi Solutions in the Works

• Aptos (APT) reached an all-time high of $19.92 per unit on Jan. 26, 2023, and then lost 20% of its value over the next five days.
• Despite the decline from its all-time high, APT is still up 349% compared to last month’s exchange rate.
• Out of the thousands of cryptocurrencies in the industry, APT is ranked 28th in terms of market capitalization and has a circulating supply of 161,361,143 APT with a global trade volume of $423.74 million.

On Jan. 26, 2023, the cryptocurrency asset aptos (APT) surged to an all-time high of $19.92 per unit, a monumental rise of 400% since late December 2022. The currency has since dropped 20%, trading between $15.89 and $17.48 per coin in the 24 hours leading up to Feb. 1, 2023. Despite the decrease, APT is still up 349% compared to its last month’s exchange rate.

APT is currently ranked 28th in terms of market capitalization out of the thousands of cryptocurrencies in the industry, with a circulating supply of 161,361,143 APT and a total value of $2.55 billion in USD. The global trade volume for APT was $423.74 million in the past 24 hours, with 57.32% of it being exchanged for Tether (USDT) and 18.15% traded for the Korean won (KRW), making the Korean won APT’s largest fiat currency pair. About 1.46% of all APT trades today are exchanged against the Turkish lira.

In the decentralized finance (defi) space, APT has $61.24 million total value locked (TVL) in defi on Feb. 1, 2023. Pancakeswap dominates the APT value locked in defi with 59.76%. The Aptos team and community have been striving to increase the usage of APT in the defi space, with plans to launch a decentralized exchange and introduce more defi solutions in the near future.

Despite APT’s 20% decrease from its all-time high, it is still up significantly from its December exchange rate. With the Aptos team and community continuing to develop and expand the cryptocurrency, APT could continue to gain traction in the crypto market, making it a great investment opportunity for those interested in the blockchain technology.

FTX Co-Founder’s $3.28M DC Townhome on Market After Scandal

• A Washington, D.C. townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million.
• The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for.
• Photos taken by Pearson Smith Realty show that the home is a four-bedroom Victorian brownstone building crafted in 2017 with five bathrooms, four gas fireplaces, and all bedrooms en suite.

A Washington, D.C. townhome associated with the disgraced FTX co-founder Sam Bankman-Fried (SBF) has been listed on the market for roughly $3.28 million. The luxurious 4,100-square-foot property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price.

The property is a four-bedroom Victorian brownstone building crafted in 2017 with five bathrooms, four gas fireplaces, and all bedrooms en suite. Photos taken by Pearson Smith Realty show that the home is decorated with a modern style and offers expansive views of the city.

According to the New York Post reporter Mary K. Jacob, two parties were held at the Washington home just before FTX collapsed, specifically for bureaucrat donors. Realtor.com reported that the property was likely used „to serve as a D.C. base for the FTX crew to wine and dine the political elite.“

In addition to the Washington townhome, SBF and his inner circle of deputies reportedly purchased a great deal of real estate, most of which was located in the Bahamas. For instance, Bitcoin.com News reported on the so-called „effective altruist“ SBF’s $40 million penthouse, which was listed for sale three days after FTX’s collapse.

Given the controversies and bankruptcies surrounding FTX and SBF, the Washington townhome is being listed at the same price it was purchased for in April 2022. It remains to be seen if the property will be sold at the current asking price, given the high-profile scandal and bankruptcy associated with its owner.

Four More Team Members of Crypto Exchange Bitzlato Arrested in Europe

• Four more members of the team of crypto exchange Bitzlato were detained in Europe as part of the international investigation against the platform.
• The operation involved law enforcement and judicial authorities from several European countries, the U.S., and Hong Kong.
• The exchange is suspected of facilitating the laundering of nearly €1 billion ($1.1 billion) worth of criminal proceeds.

European law enforcement authorities have detained four more members of the team of crypto exchange Bitzlato, Europol announced Monday. The operation, which was led by the U.S. and France, also involved Belgium, Cyprus, Portugal, Spain, and the Netherlands.

The Hong Kong-registered coin trading platform is suspected of facilitating the laundering of nearly €1 billion ($1.1 billion) worth of criminal proceeds, the agency emphasized. Last week, the U.S. announced the arrest in Miami of its co-founder and majority owner Anatoly Legkodymov, a Russian national residing in China. Besides Legkodymov, who is believed to be Bitzlato’s main administrator, four more individuals have been detained in Europe so far.

Among them, the CEO, financial director, and marketing director of the exchange were arrested in Spain, and another person was handcuffed in Cyprus, Europol detailed without revealing their identities. Police have conducted eight home searches, half of which were in Spain, at one address in the U.S., two in Portugal, and one in Cyprus.

Wallets with €18 million ($19.5 million) worth of cryptocurrency, vehicles, and jewelry were seized, Europol’s press release noted. The agency added that the investigation is still ongoing, as authorities are currently assessing the evidence collected on site to determine the exact amount of money laundered through the exchange.

In addition, the agency emphasized that the operation is part of the European Union’s efforts to combat the use of cryptocurrencies for criminal activities. Europol is actively cooperating with law enforcement partners across the world to ensure that cryptocurrency-related crimes are properly addressed.