Layer 1
An object-centric Move chain.
Also born from the Diem team's work, Sui stores state as owned and shared objects, so transactions that only touch owned objects can skip full consensus ordering. Contracts are written in Sui Move.
SuiBeginnerCetus, the native decentralized exchange (DEX) on Sui, has dusted itself off after a harrowing exploit in late May — a vulnerability in the pricing logic was used to siphon off roughly $220 million in minutes. The attack was swift and dramatic, targeting liquidity pools by inflating and draining…
#crypto#decentralization#hackers
SuiCetus, the Sui-based decentralized exchange, fell victim to a major hack that saw more than $220 million in assets stolen on May 22. Thankfully, thanks to a rapid response by Sui validators, about $162 million of those funds have already been frozen. On May 27, Sui’s official X account shared that…
#altcoin#crypto#defi
SuiBeginnerDeLorean, the legendary automaker synonymous with the ‘Back to the Future’ franchise, is steering into the digital age by integrating blockchain technology into its vehicle reservation system. In collaboration with Otherlife, a Web3 creative agency acquired by MoonPay, DeLorean has launched an…
#assets#crypto#nfts
SuiBeginnerCetus, a decentralized crypto exchange (DEX) built on the Sui blockchain, announced that it has managed to freeze $162 million out of the over $220 million stolen during a hack on May 22. The Cetus team is collaborating with the Sui Foundation and other ecosystem partners to attempt and retrieve…
#hackers#security#smart-contracts
SuiBeginnerThe SuiPlay0X1 has been unveiled and is making waves as a pioneering handheld gaming console, seamlessly blending traditional PC gaming with Web3 technology. Developed by Mysten Labs and powered by Playtron Game OS, this device aims to redefine the gaming experience by incorporating blockchain…
#dapp-development#gaming#web3
SuiBeginnerThe Sui Foundation has announced a strategic partnership with Babylon Labs, Lombard, and Cubist to bring programmable Bitcoin to the Sui blockchain. This collaboration aims to integrate Bitcoin liquidity into the Sui ecosystem, enabling users to stake their Bitcoin and receive LBTC, a liquid…
#defi#layer-2#liquid-staking
SuiBeginnerCircle, the issuer of the USDC stablecoin, has announced plans to expand its reach by launching USDC on the Sui blockchain. This move aims to provide users with more options and flexibility when interacting with the USDC ecosystem. The integration of USDC onto the Sui network will enable users to…
#circle#stablecoins
SuiBeginnerThe Sui Foundation announced the establishment of the Sui Foundation Academy, a dedicated platform designed to educate and empower individuals with the knowledge and skills needed to navigate the dynamic world of blockchain technology. Located in the burgeoning tech hub of Sharjah, United Arab…
