Sui blockchain is a layer 1, Proof-of-Stake (PoS) blockchain platform that is designed to provide high throughput, low-latency transactions, and instant transaction finality. The platform is built with the Move programming language, which was initially developed by Facebook for its Diem blockchain . Sui aims to create a decentralized, permissionless blockchain network that can support a wide range of use cases, from decentralized finance (DeFi) to non-fungible tokens (NFTs). The project is developed by Mysten Labs, a blockchain development firm co-founded by former Facebook developer Libra and JP Morgan alumni . The native token of the Sui blockchain is called SUI.
TL;DR Grayscale Investments has launched the Grayscale Sui Trust, providing institutional-grade access to the SUI token without direct ownership. The trust, managing $12.88 million in assets,
TL;DR SatLayer integrates with the Sui blockchain to expand Bitcoin’s use in DeFi applications, allowing developers to secure dApps with Bitcoin’s value and security. The collaboration
TL;DR Sui (SUI) reached a new all-time high of $4.86 on December 12, 2024, following a 25% rally driven by the integration of the Backpack exchange
TL;DR SUI reached a new all-time high of $4.23 after a 115% growth in the past month, supported by an increase in its TVL from $665
TL;DR Sui integrates Bitcoin liquidity by creating $LBTC, a native token of its blockchain. Bitcoin holders will be able to participate in Sui’s DeFi ecosystem without
Key points of the news: Sui and Franklin Templeton have formed a strategic partnership to strengthen the blockchain ecosystem and support developers. Franklin Templeton, with experience
TL;DR On November 21, 2024, the Sui blockchain experienced a significant outage, halting block production for over an hour and causing widespread concern among users and
TL;DR VanEck launches a new ETN based on the SUI blockchain, now available in 15 European countries, as part of its strategy to expand crypto offerings.
TL;DR Sui has reached a new all-time high of $3.28, achieving a 73% weekly growth and surpassing $9.33 billion in market capitalization. The issuance of native
TL;DR Suilend launches sSUI, the first liquid staking token (LST) based on the SpringSui standard. Only 1.32% of SUI assets are in liquid stake, compared to
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