Massive Token Unlock Set for Next Week: SUI, Optimism, Ethena, and More
TL;DR The crypto market is set for significant token unlocks next week, including SUI, Optimism, Ethena, and more, with a total value exceeding $832 million. SUI
Sui News (Latest Publications)
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.
Grayscale Launches Sui Trust for Simplified SUI Token Exposure
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,
SatLayer Now Enables Bitcoin Restaking on Sui’s Layer-1 Blockchain
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
Sui (SUI) Price Hits New All-Time High After 25% Rally
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
Sui Token Skyrockets to new ATH of $4.23, TVL Reaches $1.61 Billion Milestone
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
Sui Partners With Babylon Labs and Lombard Protocol for Bitcoin Integration
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
Sui and Franklin Templeton Collaborate to Explore DeFi and Tokenization
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
SUI Back Operational After Blockchain Crash Causes Community Concern
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
VanEck Brings SUI Blockchain Exposure to Europe with New ETN Listing
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.
SUI Rises 7.6% in 24 Hours, Reaches a New ATH!
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
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