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Sui's zkLogin introduces multi-signature recovery and Apple account support, enhancing user options and account recovery capabilities.

The native token has surrendered its dollar peg as it falls to $0.9, dashing optimism for an imminent recovery.

This versatile mobile application is designed to enhance the user experience in the digital assets space. It offers a range of features tailored to manage cryptocurrencies and interact with dApps.

Bluefin, the most well-known derivatives DEX within the crypto world SUI, has just announced the integration of Google accounts.

Since its launch on March 11, Suilend has quickly attracted a substantial user base and financial involvement. The platform now boasts over $45 million in Total Value Locked (TVL) from more than 5000 users.

After consolidating in the past five weeks, crypto assets with notable development activity have shown early signs of a fresh bullish uproar. Led by Bitcoin (BTC), which is bolstered by heightened demand from spot BTC ETFs in Hong Kong and the United States, most crypto assets have established a reversal pattern.

In a recent post on X, Justin Bons—the founder and CIO of Cyber Capital, Europe's oldest cryptocurrency fund—raised serious concerns about the Sui Network (SUI) project's tokenomics. Bons, a full-time crypto researcher since 2014, claims that the project's token distribution is marred by centralization, lack of disclosure, and “unbridled greed.

Sui, the year-old Layer-1 blockchain darling, is facing a harsh reality check. While celebrating its first anniversary on May 3rd, 2034, the network finds itself embroiled in a controversy surrounding its tokenomics, the design and distribution of its cryptocurrency, SUI.

Sui Network, a Layer-1 decentralized platform, has responded to widespread misconceptions regarding its token supply in a rebuttal published on the X platform.

Sui Blockchain, a newcomer in the blockchain arena, has surpassed the established Solana network in stress test transactions, heralding a new era of scalability and performance optimization. Let's embark on a journey to unravel the complexities of Sui's triumph, explore the innovative use of spam tokens, and envision the transformative potential it holds for the blockchain ecosystem.

Sui community members and crypto fans at large have expressed some degree of discontent regarding Sui Network tokenomics. Many think the token distribution formula is vague and allows the network to operate as a centralized entity, something that the crypto community at large is highly cautious about.

Activity on the SUI network has experienced a significant surge, underscoring the resilience of the platform.

The network emphasized the transparency of its distribution, reaffirming commitment to transparency.

Sui Network is addressing “misleading” posts about its token supply being unfavorable to retail investors. In a post on the social media platform X, Sui Network says that third-party custodians safeguard locked SUI tokens, and they cannot be moved until they are unlocked according to the project's token emission schedule.

TL;DR The Sui Foundation addresses community concerns about token distribution, aiming for transparency and trust. It's clarified that Mysten Labs' founders don't control key aspects like the foundation's treasury or staking subsidies. Sui experiences a slight recovery of 3%, trading at $1.10, following a bearish period and a 32% loss in the last month.

On April 3rd, Sui recorded an impressive 41 million transactions, surpassing Solana's 27.7 million transactions on the same day. This surge in Sui activity is due to ‘spam‘, a token for rigorous network stress tests.

The Sui Network has responded to allegations regarding its tokenomics and control of its SUI token.

Sui, a scalability-focused blockchain, has surpassed Solana, a top 10 cryptocurrency network, in activity levels, registering 41 million transactions on April 3. The activity overheating on Sui is caused by ‘spam', a Sui native token designed to stress test the network's capabilities, assigning tokens to users equivalent to the number of transactions issued.

Here is how some of your favorite assets concluded the week.

According to Sui Network feedback, the Sui Foundation manages the main wallet with locked tokens released strategically to enhance the ecosystem.

Justin Bons questions Sui token supply, highlighting founder control.

Sui Network, a Layer-1 decentralized platform, has addressed and clarified widespread misconceptions regarding its token supply. This response, published on the X platform, is a rebuttal to attacks against its tokenomics, particularly on the distribution of tokens and control of tokens by the founders.

Mysten Labs CEO Evan Cheng waxes optimistically about the future of his blockchain and traditional tech's interest in web3.

A closely followed crypto strategist is updating his outlook on one red-hot altcoin amid a crypto market correction. Pseudonymous analyst Altcoin Sherpa tells his 215,800 followers on the social media platform X that he is long-term bullish on Ondo Finance (ONDO), a project focused on tokenizing real-world assets (RWAs).