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Aptos CEO faces billion dollar lawsuit by Glazer family member over equity

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The co-founder and CEO of Aptos Labs, the Layer 1 blockchain startup founded by former Diem employees, faces a lawsuit from an early investor alleging she was cheated out of her fair share of equity.  Shari Glazer and her firm Swoon Capital are seeking up to $1 billion from Matonee, also known as Aptos Labs, according to a complaint filed with the Supreme Court of the State of New York in March.   Aptos Labs was founded by former Meta …

Google is building a web3-focused team

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Google is reportedly putting together a web3 team that will build services for developers running blockchain applications, according to CNBC. In an email sent to employees Friday, Google Cloud vice president Amit Zavery said that while Web3 was still in its early stages, the market “is already demonstrating tremendous potential with many customers asking us to increase our support for Web3 and Crypto related technologies,” per the report. The company is looking to be the number one choice for developers …

Aptos Labs strikes first cloud partnership deal with Google

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Blockchain startup Aptos Labs has partnered with Google Cloud in a move that will allow companies and developers to build more easily on its network.  Google Cloud will be one of Aptos’ inaugural cloud partners, in the first time that Google has opted to support a Layer 1. Through this deal Aptos hopes to provide scalable, secure, and sustainable infrastructure for builders, it said on Thursday in a news release shared exclusively with The Block.  The Layer 1 has a …