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Sui
Sui Blockchain Announces Multiyear Deal With Red Bull Racing
Sui, whose blockchain went live less than a month ago, has signed a multiyear deal to become the blockchain partner of Formula One's Oracle Red Bull Racing team. The blockchain's native token (SUI) rose before receding on the news. "The Hash" panel discusses what to make of Red Bull's latest crypto push and the outlook for the Sui community.
Sui Blockchain Signs Multiyear Deal With Red Bull Racing
Sui will roll out a series of digital experience for racing fans over the coming months.
Mysten Labs CEO on Sui Blockchain Outlook
"The blockchain space really hasn't offered enough value...to the broader consumers," Mysten Labs CEO Evan Cheng said. Sui, a layer 1 blockchain boasting a $2 billion valuation, launched its mainnet on Wednesday. Cheng also discusses Sui's roadmap, noting, we're not building yet another blockchain that looks and feels the same as any other.
Mysten Labs CEO on Sui Mainnet Going Live
Layer 1 blockchain Sui launched its mainnet this week, as it aims to edge out rivals like Aptos and other DeFi heavyweights. Evan Cheng, co-founder and CEO of the blockchain's core contributor Mysten Labs, shares insights into the benefits and opportunities of Sui and how it aims to stand out from the competition. Plus, Cheng reflects on the lessons learned from previously working on the Meta-led Diem project, formerly known as Libra.
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.
