Sui has launched a new round of applications for the Sui Academic Research Award, which will close on January 4 next year.
On November 16th, Sui Network has launched a new round of Sui Academic Research Awards application, with a deadline of January 4th, 2024. The awards cover fields such as technology, finance, and economics, and the designated rewards for this round will reach $250,000.
Cetus Protocol sets up a special development fund to promote a new round of ecological project IDO and series of airdrop activities
On November 15th, Cetus stated that internal team members of SUI will promote the IDO process for some high-value ecological projects on the chain. It is reported that some of these projects have reached deep strategic cooperation with Cetus and may use Cetus as the designated liquidity provider platform for the project in the future.<br>To promote the development of these high-quality ecological projects on SUI, Cetus has established an exclusive development fund as a development booster for these projects, and plans to provide benefits to users who support these projects through airdrops. Currently, the rules for fund distribution are being discussed, and it is expected that the airdrop rules will be related to the addresses holding Cetus on the SUI mainnet.
The Sui mainnet has been upgraded to version V1.13.0. The update includes strengthening the verification node protection mechanism.
On November 13th, according to official sources, the Sui mainnet has been upgraded to version V1.13.0, and the Sui protocol has been upgraded to version 30. The upgrade includes: When running the Prover, a warning about the current level of Move Prover support for Sui will now be printed;<br>Strengthening the protection mechanism for verification nodes to prevent the acceptance of transactions that have been waiting for execution for a long time in a certain object queue or when there are a large number of transactions waiting in a certain object queue.
L1 Blockchain Sui TVL breaks through $100 million
L1 blockchain Sui announced that since the launch of its independent network only 6 months ago, Sui's total locked value (TVL) has exceeded $100 million. In the past 4 months, TVL has grown by over 700%. In terms of transaction volume, Sui is currently among the top 3 non-EVM chains.
The price of SUI surged to $0.58 in a short period of time, rising by more than 10% in 24 hours.
On November 8th, according to OKX market information, SUI prices briefly rose to $0.58 and now have fallen back to $0.56, with a 24-hour increase of 10.85%.
According to DefiLlama data, the Sui network's total value locked (TVL) has exceeded $100 million, currently at $101 million, reaching a historical high. This is an increase of 154% compared to the previous period and a 534% increase over the past three months.
Sui network lock-in value (TVL) exceeds US$100 million
According to DefiLlama data, Sui Network's total value locked (TVL) has surpassed 100 million US dollars, currently at 101 million US dollars, a historic high.
Sui partners with decentralized data platform Space and Time to build on-chain games using ZK-based full-stack tools
Sui has partnered with decentralized data platform Space and Time. Developers on Sui can now use ZK-based full-stack tools to accelerate the development of the emerging Web3 gaming sub-market on the SUI network.
Sui has partnered with Space and Time to allow developers to build on-chain games using ZK-based full-stack tools
On November 7th, Sui has partnered with decentralized data platform Space and Time. Developers on Sui can now use ZK-based full-stack tools to accelerate the development of the emerging Web3 gaming sub-market on the SUI network.
By integrating SxT's verifiable computation layer, developers can immediately perform real-time indexing of Sui after block confirmation, connect this data with off-chain data loaded from applications, games, or other off-chain databases, store the entire chain's state, and use the ZK proof Proof of SQL developed by SxT. The query results verified by ZK can be directly connected to smart contracts.
Sui TVL has exceeded US$90 million
Sui Network posted on social media X, stating that in less than two weeks, Sui's total locked value (TVL) has increased by $20 million and has now exceeded $90 million. Sui is currently ranked in the top 4 for non-EVM chain transaction volume.
Quidli has integrated Sui chain and added support for SUI tokens
According to official sources, Quidli has partnered with the Sui Foundation, integrated the Sui network, and added support for the SUI token.
Sui will move to a new GraphQL-based RPC service in 2024 to address known pain points with existing services
Sui will switch to a new RPC service based on GraphQL in 2024 to solve known pain points of existing services. The test version is now open.
Sui has more than 7 million active users
Sui stated on social media that there are currently over 7 million active accounts on Sui, meaning they have conducted at least one transaction since the network's inception.
Cointime Oct. 30 Evening News Update
1.Suspected BIGTIME market maker address transferred 14.85 million tokens, which have since been transferred to Coinbase2.Cumberland deposits 12,000 ETH to OKX and Coinbase3.Sui opens Quest 3 with a total prize pool of 5 million SUIs.4.Surf Protocol completes $3 million financing, led by ABCDE Capital5.The Monetary Authority of Singapore cooperates with Japanese, Swiss and UK regulators to promote digital asset innovation6.HashKey will soon issue platform token HSK7.Saudi NEOM investment fund plans to invest $50 million in Animoca Brands
Sui opens Quest 3, the total prize pool reaches 5 million SUI
Sui launches Quest 3, with a total prize pool of 5 million SUI coins. The latest rule adjustments are as follows: <br>Added QuestPass: invite people who do not have SuiFren to participate; <br>Reward adjustment: merge the prize pool to 5 million, with rewards for the top 176,600 participants (25-10,000 SUI coins); <br>Invitation points: SuiFrens and QuestPass holders can earn 40-1000 points by successfully inviting others to participate.
Sui TVL surpasses US$70 million
Sui stated in a post on X platform that the daily transaction volume and TVL on Sui Chain continue to soar, with TVL surpassing 70 million US dollars.
Volo liquidity staking service is launched on Sui Network mainnet, and vSUI tokens have no lock-up restrictions.
Sui Network has officially announced the launch of Volo liquidity pledging service on Sui Network's main network. Users who pledge SUI through Volo will receive vSUI pledging tokens. Currently, there are no locking restrictions on vSUI, and it supports participation in various DeFi protocols under the Sui Network ecosystem, such as Bucket Protocol, NAVI Protocol, Scallop, and WispSwap. It can also be traded on decentralized exchanges such as Cetus, FlowX, Turbos, and Kriya Dex.
Sui Foundation: does not have a Binance account and does not sell any SUI tokens on the platform
On October 26th, the Sui Foundation officially stated that in response to inaccurate statements about the Sui Foundation, we are sharing the following confirmation from Binance, which states that the Sui Foundation does not have an account on Binance and has not sold any SUI tokens on their platform.
Sui plans to launch a new model of compressed mnemonic format, which can reduce 12 words to 8 words
On October 26th, Mysten Labs co-founder and chief cryptographer Kostas Chalkias tweeted that Sui will launch a new mode of compressed mnemonic phrases, which can reduce 12 words to 8 words without losing entropy. They will also provide an API to achieve the conversion and reverse conversion from 12 words to 8 words. The algorithm, dictionary, and API will be released soon and are currently receiving feedback and improvements.
Sui mainnet upgraded to version V1.12.2
Sui Network has officially announced that the mainnet has been upgraded to version V1.12.2, and the Sui protocol has been upgraded to version 29. This upgrade enables Sui to verify the historical addresses of zkLogin, fixes errors in the verify_zklogin_id function, and adds the verify_zklogin_id function to the Sui framework, allowing users to prove their specific identity used to create zkLogin addresses and associate their identity with their address. It can also be used to verify smart contracts.
Sui TVL doubles from US$30 million to US$60 million in 30 days
Sui posted on the X platform, stating that in 30 days, Sui's TVL doubled from $30 million to $60 million. In addition, the daily trading volume is also increasing.
