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Sui
Sui Mainnet Goes Live: What's Behind the Sui Token Surge and Excitement?
Sui, the buzzy layer 1 blockchain founded by ex-Meta Platforms employees, launched its mainnet on Wednesday as it jockeyed to edge out rival Facebook-offshoot Aptos and other DeFi heavyweights. Sui Network tokens (SUI) briefly jumped to $2 apiece minutes after trading began, reaching nearly $690 million in market cap to a fully diluted valuation (FDV) at a staggering $13 billion. "The Hash" panel discusses their outlook for the Sui ecosystem.
Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants
The much-awaited Aptos rival put its hundreds of million in VC funding to the test during its mainnet launch, and struggled with speed and decentralization.
Sui Token Surges as Trading Begins, Giving the Network a Fully Diluted Value of $13B
SUI tokens were offered to users of multiple crypto exchanges in a presale last week.
Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Flags Potential SUI Token Grab
Tron founder Justin Sun tweeted on Monday that he has arranged a full refund of a $56 million transfer to Binance after the exchange platform's CEO Changpeng "CZ" Zhao warned against a potential token grab of the new SUI token. "The Hash" panel discusses what this means for the Sui blockchain ahead of its mainnet launch on May 3.
Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Warns Against Potential SUI Token Grab
"Binance Launchpool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.
Sui Network to Issue Token Following Exchange Sale; Airdrop Hunters Dismayed
The SUI token will be issued after the mainnet launch on May 3 after a token sale on Bybit, OKX and Kucoin.
Sui Foundation Appoints Managing Director to Increase Awareness, Growth of the Blockchain
Greg Siourounis will lead efforts to promote Sui’s user base growth and development.
Mysten Labs to Buy Back Equity, Token Warrants From FTX Bankruptcy Estate for $96M
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and sui token warrants) for $96 million through bankruptcy court.
Sui Blockchain Developer Signs Deal With Alibaba Cloud
The cloud tech giant will provide node services and validator infrastructure for testnet developers.
Tensions Brewing Between Aptos and Sui After Disinvitation From Denver Crypto Conference
At ETHDenver, one of the year’s biggest events on the crypto circuit, tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project. "The Hash" panel discusses the details and subsequent industry implications.
