Exciting news for the Sui ecosystem! The Layer-1 blockchain, known for its innovative approach to scalability and security, has just completed a significant milestone. The Sui mainnet has been successfully upgraded to version 1.49.2, promising a suite of enhancements aimed at improving performance and robustness. This crucial Sui upgrade marks another step forward in the […]
The world of decentralized finance (DeFi) can be exciting, offering new ways to trade and manage assets. However, it’s not without its risks, as highlighted by recent events. One platform that recently faced a significant challenge is Cetus, a prominent decentralized exchange (DEX) operating on the Sui blockchain. Cetus Bounces Back After Major Crypto Hack […]
The world of Web3 is constantly evolving, pushing the boundaries of what’s possible on decentralized networks. A significant leap forward has just landed on the Sui Mainnet with the official launch of Nautilus. This isn’t just another integration; it represents a powerful step towards enabling complex, private, and scalable computations off-chain while maintaining verifiability on-chain. […]
Big news is buzzing in the crypto world, especially for fans of the Sui Network! Momentum DEX, a prominent decentralized exchange operating on Sui, has successfully closed a significant strategic funding round. This development marks a crucial step for both Momentum and the broader Sui DeFi ecosystem. Momentum DEX: A Boost from Strategic Funding Momentum, […]
Get ready for a significant move in the world of blockchain and digital assets! The Sui blockchain has officially teamed up with Dubai’s Virtual Assets Regulatory Authority (VARA). This collaboration is set to make waves, particularly for those interested in the growth of the blockchain ecosystem and supporting emerging projects in the region. Sui Blockchain […]
Big news hitting the wires! The journey for a potential **SUI ETF** in the United States just took a notable step forward. The U.S. **SEC** (Securities and Exchange Commission) has officially acknowledged receiving an application for a spot **SUI ETF**. This confirmation comes via BWE News on the social media platform X, signaling that the […]
Attention SUI enthusiasts and crypto market watchers! The U.S. Securities and Exchange Commission (SEC) has once again made headlines with a decision impacting the world of digital asset investments. The focus this time is on a proposed SUI ETF, specifically the spot exchange-traded fund application filed by Canary Capital. News has emerged via BWE News […]
Great news for the Sui community and users of the Cetus decentralized exchange (DEX)! After a challenging period following a significant hacking incident, Cetus has announced a major breakthrough in its recovery efforts. The substantial sum of $220 million in frozen funds, previously impacted by the exploit, has now been successfully transferred to a secure […]
The Sui ecosystem recently witnessed a crucial moment of decentralized decision-making. The Sui community has cast a definitive vote regarding the recovery of funds affected by a recent incident involving the Cetus protocol. This move highlights the power and responsibility inherent in Sui governance, demonstrating how a decentralized network can respond to challenges like security […]
In the ever-evolving world of decentralized finance (DeFi), events like hacks can shake user confidence. Recently, the Sui blockchain saw one such incident involving the Cetus decentralized exchange. However, there’s a significant development offering a path forward for affected users: Sui has expressed conditional support for a community vote proposed by Cetus to address the […]
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