Mysten Labs APAC head presents $120B on-chain finance milestone at Seoul blockchain event, signaling commercialization.
Blockchain News

On-Chain Finance Surge: Mysten Labs Reveals $120B Deposit Milestone Signaling Commercialization Era

Seoul, South Korea, January 28, 2025: The global on-chain finance sector has reached a significant commercialization milestone, with $120 billion now deposited across blockchain-based financial services worldwide. Derik Han, Head of Asia-Pacific at Mysten Labs, revealed this substantial figure during the ninth News1 Blockchain Leaders Club event, highlighting how Layer 1 blockchain infrastructure is transitioning […]

Founders discuss the Sui Hydropower Fellowship program for blockchain innovation.
Blockchain News

Sui Hydropower Fellowship: A Strategic Launchpad for Next-Gen Blockchain Founders

Global, April 2025: The Sui blockchain has initiated a significant move to cultivate its ecosystem’s next growth phase by opening applications for its Hydropower Fellowship. This structured support program targets early-stage founders building in several high-potential verticals, signaling a strategic investment in the network’s long-term utility and developer base. Sui Hydropower Fellowship Aims to Accelerate […]

Sui blockchain and Nansen analytics platform merging for enhanced on-chain data intelligence.
Bitcoin News

Sui’s Strategic Partnership with Nansen Unlocks Unprecedented On-Chain Data Access for Developers

In a significant move to bolster its infrastructure, the Sui blockchain has forged a pivotal partnership with the premier cryptocurrency data analytics firm, Nansen. Announced on March 21, 2025, this collaboration aims to equip developers, builders, and institutional participants within the Sui ecosystem with Nansen’s industry-leading analytical tools. Consequently, this integration promises to deliver real-time, […]

Sui blockchain LAUNCH Career internship program for Web3 developer talent.
Bitcoin News

Sui Internship Program Launches Ambitious ‘LAUNCH Career’ Initiative to Cultivate Next-Generation Web3 Talent

In a strategic move to address the persistent talent shortage in the blockchain sector, the Sui Foundation announced on March 21, 2025, the official recruitment launch for its groundbreaking ecosystem internship program, LAUNCH Career. This paid, three-month initiative represents a significant investment in human capital, directly connecting aspiring developers and entrepreneurs with major projects building […]

Sui blockchain and LINQ partnership enabling fast crypto-to-fiat conversion in Nigeria
Bitcoin News

Sui Blockchain’s Revolutionary Partnership with LINQ Transforms Crypto Access in Nigeria

In a significant development for African cryptocurrency adoption, the Sui blockchain announced a groundbreaking partnership with crypto-fiat service provider LINQ on December 15, 2024, creating what industry experts describe as a potential game-changer for Nigeria’s digital economy. This collaboration specifically targets one of cryptocurrency’s most persistent challenges: converting digital assets into local currency efficiently and […]

Sui network outage analysis showing blockchain validator consensus disruption visualization
Bitcoin News

Sui Network Outage: Critical Post-Mortem Report Reveals Validator Consensus Flaw

On January 14, 2025, the Sui blockchain network experienced a significant disruption that halted transaction processing for several hours, prompting immediate investigation and now resulting in a comprehensive technical post-mortem report that reveals crucial insights about validator consensus mechanisms in modern Layer 1 platforms. Sui Network Outage: Technical Breakdown of the January Incident The Sui […]

Junior developers learning Sui blockchain development through Mysten Labs internship program
Bitcoin News

Sui Developer Internship: Mysten Labs Launches Transformative LAUNCH Career Program for Junior Blockchain Talent

San Francisco, April 2025 – Mysten Labs, the core development team behind the Sui blockchain, has unveiled a groundbreaking internship initiative called LAUNCH Career, specifically designed to cultivate the next generation of Web3 developers. This strategic move addresses the critical talent shortage in blockchain development while strengthening the Sui ecosystem’s technical foundation. The program represents […]

Sui blockchain outage analysis showing frozen network transactions and halted cryptocurrency operations
AI News

Sui Blockchain Outage: Critical 6-Hour Halt Freezes Over $1 Billion in Crypto Assets

On Wednesday, January 15, 2025, the Sui blockchain experienced a severe consensus failure that completely halted network operations for nearly six hours, freezing over one billion dollars in on-chain assets and raising significant questions about the reliability of high-throughput blockchain architectures in today’s competitive cryptocurrency landscape. Sui Blockchain Outage: Timeline and Immediate Impact The Sui […]

Sui network restored to normal operation after resolving blockchain latency problems
Bitcoin News

Sui Network Triumphantly Restored to Normal Operation After Critical Latency Issues

The Sui blockchain network has successfully restored normal operations after experiencing significant latency issues on its mainnet, marking a critical resolution in blockchain infrastructure management for February 2025. This restoration follows a five-hour incident response period during which the Sui development team actively pursued technical solutions while maintaining transparent communication with the network’s global user […]

Sui network experiencing technical delays and transaction processing issues affecting blockchain operations
Bitcoin News

Sui Network Faces Critical Delays: Mainnet Disruption Impacts dApps and Transactions

The Sui blockchain network, a prominent Layer 1 platform, confirmed significant network delays and temporary disruptions on its mainnet today, causing immediate impacts across its ecosystem. This development represents a critical operational challenge for the high-throughput blockchain, potentially affecting thousands of users and numerous decentralized applications. Network engineers from Mysten Labs, the core development team […]