
Bitlayer Bridges Bitcoin to Sui with Yield-Bearing Peg-BTC
TL;DR Bitlayer and Sui integrated Peg-BTC (YBTC), a token backed 1:1 by BTC, allowing users to interact with Bitcoin in DeFi without losing price exposure. The
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 Bitlayer and Sui integrated Peg-BTC (YBTC), a token backed 1:1 by BTC, allowing users to interact with Bitcoin in DeFi without losing price exposure. The
TL;DR Digital asset investment products recorded $882 million in inflows last week, marking four consecutive weeks of positive growth. Sui stood out as the top-performing altcoin
TL;DR Rapid Surge in SUI’s Value: SUI surged 60% in the past week, reaching near one-month highs as investor interest soared amid growing market optimism. ETFs
TL;DR Sui will integrate Babylon’s Bitcoin staking protocol and operate as a Bitcoin Secured Network in Phase 3 of the expansion plan. The integration allows BTC
TL;DR Cboe BZX’s Proposal: The exchange has asked the U.S. SEC to list the Canary SUI ETF, potentially marking the first ETF that tracks the Sui
TL;DR The positive sentiment surrounding Sui Network has reached its highest level since September, with a 5:1 ratio in favor of positive comments. SUI has risen
TL;DR Phantom Wallet has integrated support for the Sui blockchain, allowing its 15 million users to manage SUI directly from the app. The update facilitates the
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
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
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