CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos’ Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput (Tim Hakki/Decrypt)

Tim Hakki / Decrypt:
CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos’ Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput  —  The price of Aptos has crashed more than 40% a day after launch as investors remain wary of the network’s widely-panned mainnet rollout.

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Stacy Elliott / Decrypt:
CoinGecko: normalized exchange volume for Crypto.com has dropped 91% over the past year, 90% for Huobi, 77% for FTX, 75% for Coinbase, and 57% for Binance  —  Bad ad or bad timing?  Either way, trading is down big.  —  Whichever version of the Latin proverb you choose …

The White House releases a “comprehensive framework” for crypto regulation, outlining the recommendations of various federal agencies after six months of study (Tim Hakki/Decrypt)

Tim Hakki / Decrypt:
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Meta is letting select Instagram US creators test a toolkit for minting NFTs and selling them on and off the platform, and says it won’t charge fees until 2024 (Kate Irwin/Decrypt)

Kate Irwin / Decrypt:
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Switzerland-based GRNGrid, a Layer 1 DeFi blockchain that lets users transact on nodes running exclusively on renewable energy, raised $50M from GEM Digital (Brandy Betz/CoinDesk)

Brandy Betz / CoinDesk:
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Zi Wang / Decrypt:
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