Search Results for: SUI

Common AMM launches on Aleph Zero: The First Step Towards Releasing the Ultimate ZK DeFi Suite

Zug, Switzerland, May 21st, 2024, Chainwire Cardinal Cryptography, core developer of the zero-knowledge, privacy-focused blockchain Aleph Zero, announced today the launch of Common Automated Market Maker (AMM), the first mainnet release of a novel DeFi platform, Common. Positioned as a decentralized exchange (DEX), Common’s Automated Market Maker (AMM) delivers a

May 21, 2024 3 mins read

Sui Sets The Standard for Blockchain Speed with New Mainnet Consensus Mechanism

Sui Sets New Standard for Blockchain Transaction Speeds

Grand Cayman, Cayman Islands, May 21st, 2024, Chainwire Set to hit Mainnet this summer, Sui’s new Mysticeti protocol cuts consensus latency down to 390 ms. Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, today announced the successful deployment of Mysticeti, its latest consensus protocol,

May 21, 2024 4 mins read

Crypto Pioneer Netki Powers Seamless KYC and Compliance Solutions Across the Sui Ecosystem

Grand Cayman, Cayman Islands, May 16th, 2024, Chainwire With the launch of Netki’s DeFi Sentinel on Sui, protocol developers can opt to screen transactions before finalization on the blockchain, easing a significant compliance burden Today, Netki, a digital identity verification leader, announced the launch of their pioneering compliance oracle –

May 16, 2024 2 mins read

Brillion Appoints New C-Suite to Lead RWA & DePIN Initiatives in Digital Assets

Three new C-suite executives have joined the team at Brillion, a smart wallet development company. The new leadership will boost Brillion’s efforts to develop and market solutions that combine digital assets with conventional finance by bringing a variety of leading-edge industry experience. After working as the CTO and CPO for

May 15, 2024 3 mins read

Sui Network Addresses Recent Criticism Over Tokenomics

Criticism about the tokenomics of Sui Network tokens have been addressed and explained by the Layer-1 decentralized platform. Published on the X platform, this statement rebuts criticisms leveled about its tokenomics, in particular its distribution and the founders’ control over them. Beyond claims of possessing a huge number of tokens,

May 5, 2024 2 mins read

CITI Upgrades Coinbase Shares to Buy Rating Amid Positive Regulatory Shifts

Class Action Lawsuit Against Coinbase Alleges Securities Law Violations

Another class action complaint has been filed against cryptocurrency exchange Coinbase, claiming that the exchange deceived investors into buying securities. Coinbase is facing allegations of securities law violations from individual complainants who have filed a formal complaint. The complaint also claims that SOL, MATIC, NEAR, MANA, ALGO, UNI, XTZ, and

May 5, 2024 2 mins read

Sui Network Celebrates 1-Year Mainnet Debut Amidst Tokenomics Criticism

As of right now, Sui Network is commemorating the one-year anniversary of its mainnet debut. After starting off as an isolated ecosystem, the Sui Network has grown into a powerful Layer-1 decentralized platform in under a year. To further its artificial intelligence and web3 projects, Sui Network teamed up with

May 4, 2024 2 mins read

Turbos Finance Unveils Pioneering Liquidity Strategies on Sui Ecosystem

Within the Sui ecosystem, decentralized exchange Turbos Finance has announced the introduction of two innovative liquidity strategies. The strategies include a novel Auto-swap feature linked with Dollar-Cost Averaging (DCA) strategies for easier liquidity provision, and a Sui network-centric automated liquidity management vault for CLMM positions on the Turbos DEX. LPs will be able

May 3, 2024 2 mins read

Sui Teams Up with Google Cloud to Drive Web3 Innovation with Enhanced Security, Scalability and AI Capabilities

Palo Alto, California, April 30th, 2024, Chainwire Collaboration focuses on tackling key Web3 challenges through data-driven insights, AI-powered development tools and zero-knowledge proofs Sui, the Layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is collaborating

April 30, 2024 3 mins read

Dutch Court Denies Release of Tornado Cash Developer Amidst Legal Battle

Tornado Cash Co-Founder Faces DOJ Opposition in Lawsuit Dismissal Effort

An effort to have Roman Semenov, co-founder of Tornado Cash, dismissed from charges of conspiracy and money laundering has been opposed by the US Department of Justice (DOJ). It said that early-stage motions are not appropriate for bringing forward contested facts for jury consideration, as the defense had done in

April 28, 2024 2 mins read