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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageCrypto Headlines
February 16, 2024

Sui Emerges as Top DeFi Inflow Destination

This data comes from wormholescan.io, which monitors the flow of funds through Wormhole, a crucial cross-chain bridge for wrapped tokens and NFTs. Wormhole is widely utilized on prominent decentralized exchanges like Uniswap.

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cover-imageDecrypt
February 15, 2024

Stardust Integrates with Sui, Simplifying the Onboarding Experience for Game Developers Building on Sui

Palo Alto, California, February 15th, 2024, GamingWire Collaboration with web3 gaming infrastructure provider to fuel Sui's web3 gaming growth by enabling developers to seamlessly launch on Sui, providing users with new games and capabilities Stardust, a leading web3 gaming infrastructure and user acquisition service provider, today announced the completion of their full integration of Sui,

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cover-imageCrypto Economy
February 12, 2024

Sui Foundation Partners with AUS to Launch Blockchain Academy

TL;DR The Sui Foundation and the American University of Sharjah (AUS) will establish the AUS-Sui Blockchain Academy, aimed at educating the new generations about blockchain technology and its applications in web3. The academy will operate under the Center for Entrepreneurship, Innovation, and Sustainable Development of AUS.

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cover-imageNewsBTC
February 11, 2024

What Is Sui (SUI) Network?

[toc] What Is SUI? Sui (pronounced “Swee”) is a decentralized Layer 1 proof of stake blockchain, meaning it serves as the foundational infrastructure for verifying and processing transactions, similar to Bitcoin and Ethereum.

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cover-imageCrypto Economy
February 7, 2024

Ondo Finance Launches USDY as Sui Blockchain's First Dollar-Denominated Token

TL;DR Ondo Finance launches USDY on the Sui blockchain, being the first dollar token on this network. The partnership between Ondo Finance, Axelar and Mysten Labs facilitates the expansion of USDY on the blockchain. USDY offers users a stable, government-backed option on a high-performance network, driving efficient transactions in the ecosystem.

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cover-imageThe Cryptonomist
February 7, 2024

The USDY stablecoin by Ondo Finance finds a new home on the Sui blockchain

In an epochal development, Ondo Finance has announced the expansion of its USDY stablecoin, backed by the United States Treasury, to the Sui blockchain. This move marks USDY as the first dollar-denominated token on the Sui network, showcasing a crucial convergence between traditional finance and blockchain innovation. The expansion of USDY into the Sui blockchain signifies a significant step forward in the integration of traditional finance and blockchain technology.

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