In brief Alien launched a decentralized app that verifies users as human without retaining biometric data. CEO Kirill Avery said AI automation and centralized digital IDs create urgent pressure for new identity tools. The system uses encrypted scans and social verification, with developers

Article Author: Thejaswini M A Article Compiled by: Block unicorn Preface The Facebook graph has trillions of edges. This number is like a milestone in Avery Ching's mind, a proof point of what a well-designed distributed system can achieve. A trillion connections have been established between people, photos, posts, and locations. Using commercial hardware available from any company, all analysis can be completed in four minutes. Ching knows this because he built the system that makes all of this possible with his own hands. In 2007, Ching, who had just graduated from the PhD program at Northwestern University, co-founded Apache Giraph at Yahoo. The project was initially an experiment in distributed graph processing, but ultimately provided the technical support for Facebook's graph search, fundamentally changing the landscape.

Max Avery, an XRP enthusiast, believes the future looks bright for XRP holders due to the growing trend of tokenization on the XRP Ledger (XRPL). He argues that as more institutions use the XRPL for tokenized assets, it will boost network activity and XRP's value, potentially leading to significant price increases.

Key Takeaways: Panora closes a new funding round led by Frictionless Capital, with participation from Aptos Labs’ Avery Ching and Greg Nazario. Goal: build the all-in-one execution layer on Aptos, offering swaps, cross-chain onboarding, automated strategies, limit orders, and pro trading

New push to DeFi on Aptos Panora announces funding led by Frictionless Capital, with the involvement of key figures from Aptos Labs such as Avery Ching and Greg Nazario, to accelerate execution, liquidity, and trading tools in the ecosystem. In this context, the declared goal is to strengthen the

Aptos CEO Avery Ching joins a CFTC subcommittee with BlackRock and Goldman Sachs to influence U.S. crypto regulations, leveraging his blockchain expertise to shape stablecoin, ETF, and CBDC policies.

Avery Ching, CEO of Aptos Labs, has joined the CFTC's Digital Assets Subcommittee to address market integrity and competitiveness issues in the U.S. alongside other members amid regulatory changes for cryptocurrency.

Aptos Labs’ co-founder and CEO Avery Ching, has joined the CFTC’s GMAC Digital Asset Markets Subcommittee. The appointment could be huge for APT price. Institutional acceptance and regulatory clarity may be key to Aptos’ price. Aptos, a leading layer 1 blockchain, could see the price of its

Avery Ching, Aptos Labs CEO, CFTC'nin Dijital Varlık Piyasa Alt Komitesine katılıyor ve kripto sektörü ile düzenleyiciler arasında işbirliğini geliştirmeyi amaçlıyor. Bu hamle, CFTC içinde daha kripto dostu bir liderlik eğilimini yansıtıyor.

Key highlights of the meeting: Aptos CEO emphasizes: Tokens are the core of the operation of blockchain infrastructure. Clear regulation is the key for the United States to maintain innovation and retain developers. Aptos has been implemented in multiple real-world scenarios such as payments, identity, finance, and entertainment. Blockchain can be used in remote areas to achieve an "offline interaction, online on-chain" payment experience. On June 5, Aptos CEO Avery Ching appeared at a U.S. congressional hearing to testify on the significant topic of "The Future of American Innovation and Digital Assets: From Blueprint to Functional Framework," calling for a clearer regulatory framework for the digital asset market. ![Aptos

Avery Ching will share a unique perspective on building blockchain infrastructure at the U.S. House of Representatives hearing, pushing for the development of a legislative framework for the digital asset market structure. As the founder of Layer1 blockchain technology, he will elaborate on the core role of tokens in open networks, the practical use cases of Aptos, and emphasize the importance of clear regulation for U.S. technological innovation. This will have a substantial impact on the CFTC's digital asset market legislation, and Avery's testimony may become a key reference for future policy-making.

Avery Ching, CEO of Aptos Labs, will testify before the US House Agriculture Committee on the future of digital assets. He will discuss token utility, real-world applications on Aptos, and the need for clear legal frameworks to drive innovation in the US.

The tokenization of financial assets has the potential to revolutionize value transmission in global markets, as noted by Ripple and Boston Consulting Group (BCG) in their groundbreaking whitepaper, Approaching the Tokenization Tipping Point. The report’s bold forecast that tokenized real-world asse

On May 26, 2025, Aptos CEO Avery Ching highlighted the rise of traditional assets on the Aptos Network. Ching’s remarks followed a tweet showing a growing presence of real-world assets on the platform. The tweet reported $370 million in Bitcoin via OKX’s xBTC on the Aptos. It also cited $1.5

Avery Ching is the co-founder and CFO of Aptos. He predicts that blockchain will see large-scale applications in the coming years. He mentioned that Aptos broke its single-day volume record last year, reaching 326 million transactions, surpassing traditional financial institutions such as Visa and MasterCard. He also emphasized that Aptos' design takes into account scalability and upgradability. In addition, stablecoins are gradually entering the global payment market. The Aptos team has a strong technical background and can support more application scenarios.

Please note that VanEck holds Sui (SUI) and Aptos (APT), sourced from an article by Patrick Bush, written by Foresight News. (Background: Aptos Labs CEO Mo Shaikh announced his resignation and retirement as a consultant, and was succeeded by CTO Avery Ching) (Background: Full analysis: Sui vs. Aptos, who is the first public chain of the MOVE system?) We compared Sui and Aptos in terms of blockchain performance, scalable suites, ecosystems, and transaction advantages, and predicted that by the end of 2025, the price of SUI will reach $16 and APT will reach $22.

YEREVAN (CoinChapter.com) — Aptos CEO Mo Shaikh announced his decision to step down from his position on December 19. Shaikh, who co-founded Aptos Labs in 2021 alongside Avery Ching, stated he would remain as a strategic adviser while starting “a new chapter.” In a post on X, Shaikh said, “Today

Aptos CEO Mo Shaikh announced his resignation, and co-founder Avery Ching will take over. Shaikh will continue to support Aptos in an advisory capacity. (Background: Attention! AptosMainnet was down for more than 7 hours, with the exchange warning not to deposit or withdraw $APT) (Additional information: Aptos collaborates with Microsoft to 'develop AI robots,' exploring CBDC, asset tokenization...APT surges by 18%) The rapidly growing Move public chain Aptos saw its co-founder and CEO Mo Shaikh suddenly announce his resignation, sparking widespread community attention. Aptos' CEO position will be taken over by co-founder Avery Ching. In his statement, Mo Shaikh reviewed his blockchain journey, starting from 2016.

One of the founders of Aptos resigns as CEO and will serve as a strategic advisor. The well-known blockchain development team Aptos Labs has experienced a major personnel change. Co-founder and CEO Mo Shaikh announced his resignation from the CEO position on December 19th on the community platform, and will be succeeded by another co-founder and Chief Technology Officer (CTO) Avery Ching. Aptos officials stated that Shaikh will transition to a strategic advisor, continuing to support the company's vision, and will focus on contemplating the evolution of financial systems and the role of blockchain within them in the future. Image source: X Mo Shaikh announced his resignation as CEO of Aptos Labs in a long post. According to industry insiders, Aptos is a newcomer to the Layer1 blockchain and has been since 2022.

Mo Shaikh, CEO of Aptos, has resigned from his position. He named co-founder Avery Ching as his successor for the role.

XRPL's AMM and RLUSD stablecoin have the potential to be game-changers in global finance, according to crypto expert Max Avery. With speed, efficiency, and reliability, XRPL is attracting attention for its innovative features. Can it live up to the hype?

At the Avery Alliance Global Meetup successfully held the day before yesterday, blockchain enthusiasts and industry experts from all over the world witnessed the important moment of the Alliance. The Avery Alliance, co-founded by the Eve Alliance, Loop Wallet, and LYNK, announced a strategic partnership and pledged to combine experience and resources to achieve new goals to advance the development of Web3 and decentralized applications (DApps). To realize this ambitious vision, Avery Alliance has announced the upcoming launch of an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain. Known for its fast transaction processing capabilities, low transaction fees, and advanced zero-knowledge proof technology, this blockchain aims to facilitate the growth and development of Web3 projects and build a robust ecosystem. At the global meeting, the business development directors of each region of Avery Alliance shared the strategic direction and innovation of the alliance...

Since the inception of Bitcoin, we have witnessed “L1 Wars”, which drove the development of cutting-edge technologies to solve the blockchain trilemma. There is always a need for highly scalable solutions, as no single solution can meet the needs of the industry while ensuring top-level security. This led to the creation of Sui and Aptos, which leveraged the architecture of Facebook's abandoned projects Diem and Novi. Apt Aptos Labs, led by Mo Shaikh and Avery Ching (an executive from Diem/Novi), created the Aptos Blockchain to revive Diem's technology and compete with market leaders such as Ethereum and Bitcoin. Aptos is designed to provide a flexible, scalable and secure infrastructure. It utilizes Diem's architecture as well as sharp...