According to Wormhole, a cross-chain bridge for wrapped tokens and NFTs, more than $310M in assets migrated from Ethereum to the Sui ecosystem. The funds sent to Sui exceeded all other blockchains combined.
Since Sui’s inception 9-months ago, the layer-1 blockchain has already surpassed $580M in Total Value Locked and amassed a $2B market cap.
Join the conversation on the Stocktwits $SUI.X stream here.
Bitget just dropped a study that gives us a peek into what crypto comrades around the world are really after. 👨🔧
Spanning from May to August 2023, this research roped in over 1,500 participants from 20 countries. We’re talking Europe, China, Japan, South Korea, Turkey, and a few English-speaking nations.
Antonio Juliano, the mastermind behind the decentralized exchange dYdX ($DYDX), has a message for crypto innovators: Maybe it’s time to look beyond Uncle Sam’s shores. 🌍
Sharing his thoughts on platform X, Juliano suggests that the U.S.’s regulatory maze might not be worth the dance right now. Instead, he hints at a strategy of conquering foreign lands first, then returning to the U.S. as a force to be reckoned with. 🚀
Celsius Network is undergoing bankruptcy proceedings, aiming to transform into a community-driven $BTC miner. ⛏️
They announced plans to repay users, whose funds have been locked since June 2022, by year’s end. Bloomberg revealed that post-Chapter 11, the company will receive a $450 million financial boost.
Announced by IOK and after four years of waiting and development, the Midnight devnet is finally prepped for its debut. 🎂
What is Midnight? The easiest way to describe is as a privacy chain on Cardano.