BitGo Adds Custody for Sui Naming Service and DeepBook, But SUI Token Crashes
TL;DR BitGo expands its support for the Sui ecosystem with custodial services for Sui Naming Service (NS) and DeepBook (DEEP). Sui Naming Service facilitates the creation
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 BitGo expands its support for the Sui ecosystem with custodial services for Sui Naming Service (NS) and DeepBook (DEEP). Sui Naming Service facilitates the creation
TL;DR Allegations and Denial: The Sui Foundation faces accusations of insider trading involving $400 million in SUI tokens, which they strongly deny, attributing the sales to
TL;DR Sui has experienced a 120% increase in its value in a month, reaching $2.24, which has sparked investor interest. However, allegations of insider selling by
TL;DR SUI Ecosystem Market Cap: The SUI ecosystem’s market cap has reached $8.54 billion, driven by SUI and First Digital USD (FDUSD), with daily trading volumes
TL;DR Bybit Launchpool has introduced the SUI token as its first native pool, aiming to expand the token offerings and strengthen community activity. The exchange has
TL;DR Sui Ecosystem’s TVL Surges: The Sui ecosystem’s Total Value Locked (TVL) has surpassed $900 million, making it the 8th largest blockchain by TVL. Token Value
TL;DR Explosive Gains: Sui has surged by 115% against Solana since August, significantly outperforming Solana’s 6% gain against Ethereum. Technical Superiority: Sui boasts a theoretical maximum
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
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
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
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