Aptos Labs CEO Mo Shaikh Steps Down, Avery Ching to Lead

December 22, 2024

Catenaa, Sunday, December 22, 2024 – Mo Shaikh, co-founder and CEO of Aptos Labs, has announced his resignation, saying he is ready to “start a new chapter.” The company’s co-founder and CTO, Avery Ching, will assume the CEO role to steer the blockchain firm through its next phase of growth, according to Shaikh’s post Thursday […]

Aptos User Growth Collapses as Active Addresses Drop 40%

May 3, 2025

Catenaa, Saturday, May 03, 2025-Aptos has seen a sharp collapse in user engagement, with active and new addresses plunging over 40% and 80% respectively since peaking in February, according to publicly available reports. The seven-day moving average of active addresses fell to roughly 644,000, the lowest level since November 2024. The number of new addresses […]