Starting in December, Bitcoin holders will be able to stake BTC on Babylon, a Bitcoin layer-2, from the Sui network.
SUI news
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
Sui is looking for new scalable and sustainable projects for its blockchain, and it’s offering generous encouragement.
Exchanges like the South Korean crypto exchange Upbit have temporarily disabled SUI deposits and withdrawals amid the network outage.
Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR.
Bitcoin’s strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.
Trump’s munch-awaited token launch recorded disappointing sales numbers, while investors are becoming concerned about Ethereum block builder centralization.
Mysten Labs chief information security officer Christian Thompson told Cointelegraph that gaming is a playground for technologists to explore Web3.
Despite the concerns, the SUI token staged an over 120% rally in the past month.