Despite Sui’s Growing Open Interest and NAVI’s TVL Explosion, SUI Token Faces Price Decline
TL;DR New TVL Record : NAVI Protocol Hits an All-Time High of $255M in TVL Following the Launch of its Pro Version. SUI Open Interest Rises
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.
SuiNS to Transform into Decentralized Protocol: $NS Token Launch and Community Governance Revealed
TL;DR SuiNS announces its transition to a decentralized model, allowing the community to govern the protocol through the $NS token, which will be launched later this
Sui Network Unveils Mysticeti Upgrade: 80% Faster Consensus, 400ms Latency
TL;DR Mysticeti Unveiled: Lightning-Fast Consensus: Sui Network has introduced Mysticeti, a major upgrade aimed at revolutionizing consensus performance. Mysticeti achieves an impressive 80% reduction in consensus
Sui Network Partners with Copper to Boost Stablecoin and RWA Infrastructure
TL;DR Copper expands its services with custody and staking solutions for SUI, aiming to strengthen access and security for institutional and enterprise investors. Founded in 2018,
Sui’s zkLogin Revolutionizes User Experience with Multi-Signature Recovery: SUI Tokens Soars
TL;DR Revolutionary zkLogin: Sui has enhanced its zkLogin system with multi-signature recovery, allowing users to recover accounts seamlessly, even if the credential issuer or application is
Sui Foundation Reveals Token Allocations and Emission Strategy After Community Concerns
TL;DR The Sui Foundation addresses community concerns about token distribution, aiming for transparency and trust. It’s clarified that Mysten Labs’ founders don’t control key aspects like
Sui Blockchain and Google Cloud Join Forces to Revolutionize Web3 Innovation, But its Token Falls
TL;DR Sui and Google Cloud collaborate to drive innovation in Web3. The focus is on improving security, scalability and development tools. Initiatives such as data for
SUI Token in Crisis: Sui Ecosystem Struggles with 25% TVL Drop
TL;DR The Sui ecosystem, a Layer 1 blockchain for DeFi applications, is facing a crisis with a 25% drop in its Total Value Locked (TVL), which fell from
SUI Launches Revolutionary Blockchain Gaming Handheld: SuiPlay0x1
TL;DR Mysten Labs and Playtron present SuiPlay0x1, a device that merges blockchain and traditional PC games. It will be equipped with the Playtron OS operating system
Sui Integrates FDUSD Stablecoin, Bolstering DeFi Ecosystem and Market Position
TL;DR FDUSD Expansion: First Digital Trust’s FDUSD stablecoin is now integrated with the Sui blockchain, enhancing the DeFi ecosystem and reinforcing its position as a leading
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