We’re excited to launch the Neuberger Securitize High Income Tokenized Fund (HINC) with @neubergerberman, bringing Neuberger’s fixed income capabilities onchain.
Neuberger’s first tokenized fund will be available on @avax, @ethereum, @solana, and @SuiNetwork.
Sui just went live on Hadron by @Tether.
Sub-400ms finality. Object-centric architecture built for real asset logic. Now the rails institutions use to issue tokenized equities, bonds and commodities compliantly, are available at scale, on @SuiNetwork.
https://t.co/20pO3882AA
If you think I'm having a pity party or chilling at home, you clearly haven't done your homework. My betting average against doubters is 1000. Proving them wrong is my biggest joy in life.
I didn't build @Mysten_Labs to be pretty good. I built it to make a dent in the universe
I'm one of the people most directly responsible for this outage. I take Sui outages extremely personally and am incredibly disappointed that this happened.
I'll echo what @EvanWeb3 said: Moving fast is no excuse for outages. This outage was caused primarily by an edge case in gas smashing introduced by address balances. However, we did not ship this feature carelessly. We spent over 6 months testing address balances and tried as hard as we could to exercise every edge case and combination of features we could think of. Unfortunately, we were bitten by an edge case that we did not discover during testing.
Again, this is not an excuse - it shows that our testing strategy was inadequate, despite how much effort we put into it. We did not have a systematic way to enumerate or discover all possible edge cases. We will be re-examining our approach in light of this. But I do want to emphasize that we did not ship this feature carelessly or in a rush. We made mistakes, but we were absolutely not operating in "move fast and break things" mode.
One more thing: Address Balances is by far the biggest change to Sui's execution model that we have shipped, and we don't have any plans to ship anything this large and disruptive again. It was a necessary change to make Sui into what it should be, but we don't seek out huge disruptive changes like this for the sake of it.
Now that the feature is out we will be redoubling our efforts to make Sui the most reliable L1. We have a lot of work to do, I'm excited to start on it!
💥 BREAKING : Announcing Sui Spheres, a controlled execution environments where institutions run multi-party workflows with governed participation and role-based visibility, all while staying connected to the broader network when it counts.
The public vs private debate is over. #Sui
We aren’t tax attorneys, but we know some. Here’s the statement Fenwick issued about Hashi this morning.
As background, Hashi is Sui’s native Bitcoin collateralization primitive now live on Sui devnet.
https://t.co/CFJxyJ0Ty0
On Sui, money moves as fast as messages.
@ereborbank is now integrated with Sui, bringing regulated banking infrastructure and always-on global payments closer than ever before.
What this means 👇
Sui has quickly become one of the most active developer ecosystems in crypto.
We're proud to now offer token standard support for $SUI assets. This is a significant workstream that underscores our commitment to expanding institutional access to the ecosystems that matter most to our clients.
Sui (@SuiNetwork) is a next generation blockchain that prioritizes two things: usability and scalability. Built by the team behind @facebook's Diem project, we believe Sui is well positioned to enable crypto's next "killer application."
Read the latest from Grayscale Research ⬇️
https://t.co/RjIpP5aEEn
People say that you should launch your apps on Ethereum and Solana cause all the liquidity is there.
However, if you just peek out of your hyper-financialized echo chamber, you’ll realize that one of the best web3 consumer experience, where the underlying infra went unnoticed was built on @SuiNetwork
The @Claynosaurz popkins experience is such a good example of what building something truly consumer should look like-
1. Mint was in USDC with no additional complications other than owning 200 USDC. Gas was sponsored and was fully abstracted away.
2. Refunds were quick and automatic- no complications of users having to go to a portal and manually claim anything.
3. Knowing which pack you got was automatic- again, didn’t have to connect your wallet to a random portal to look at an updated version of your NFT.
4. Fair and verifiable randomness dynamics where collectors didn’t have to suffer through a swarm of sniping bots trying to profit off of their passions/ hobbies while knowing that the mint and lottery was indeed fair.
Claynosaurz raised ~$20M with over 20K unique wallets participating in a $200 mint. That’s *real* distribution while filtering out bots, speculators or flippers.
When you know users will show up, liquidity isn't a bottleneck, and the culture supports long-term engagement over hype, building your next consumer app on @SuiNetwork just makes sense.
Meet xBTC 👋
A token 1:1 backed by Bitcoin and securely held by OKX.
xBTC unlocks a new alternative for BTC holders across @Solana, @SuiNetwork, and @Aptos.
More to come - watch this space�Meet xBTC 👋
A token 1:1 backed by Bitcoin and securely held by OKX.
xBTC unlocks a new alternative for BTC holders across @Solana, @SuiNetwork, and @Aptos.
More to come - watch this space�Meet xBTC 👋
A token 1:1 backed by Bitcoin and securely held by OKX.
xBTC unlocks a new alternative for BTC holders across @Solana, @SuiNetwork, and @Aptos.
More to come - watch this space�Meet xBTC 👋
A token 1:1 backed by Bitcoin and securely held by OKX.
xBTC unlocks a new alternative for BTC holders across @Solana, @SuiNetwork, and @Aptos.
More to come - watch this space👇
Wake up to a blazing hot day on @SuiNetwork 💥
#Cetus is now a Top 5 Swap Aggregator and Top 10 DEX across all chains by daily trading volume — per @DefiLlama.
Where deep liquidity & superior efficiency meets massive flow. 🌊
Greek Stockmarket builds on Sui.
Let me explain in tech terms why Sui is the only option for an EU stock exchange market to get modernized.
- EBB (Electronic Book Building) flows require sealed-bid auctions and time capsules. Well, timed-release encryption was my PhD topic, and Sui has multiple ways of achieving that today, not just one, think of Nautilus and Seal.
- Obviously, investor bids should be private. Sui offers native and cheap Zero Knowledge Proof verifiers and web tools for proof generation. That made a difference. Yes, a real-world example of confidential amounts, outside of ZCash and payments.
- Jurisdiction-wise, some investors might not be allowed to hold crypto in their balances. But Sui supports sponsored transactions, you can pay someone in fiat to completely delegate the crypto gas part.
- Native multisig and zkLogin are essential for key management and easy onboarding. When modernizing old-school practices, you need secure and simple onboarding, even for folks who still use handwritten signatures.
- Parallel execution and object-based model: yes, Sui is super fast, but Athex also wanted to ensure a future AAA game campaign wouldn’t affect their performance.
- Credibility of founders and chain safety principles: realistically, they can’t use Solana, too memee. The CTO of Athex has to trust the team has experience with large orgs and serious money. Many of us ran services for Meta, Google, Apple and @b1ackd0g created the Move language. Believe me, they 👀 Sam as interacting with a taller next-gen Vitalik.
- ETH L2s? No. Liquidity and non-fragmentation matters. Sui’s DeFi success is a huge factor for onboarding the next generation of traders. They also want to ensure a typical trader or gamer will eventually explore stocks as well.
- As you all know, one of the biggest enemies of local exchanges is Revolut invasion. Today, anyone can buy Apple or Google stock easier than signing up for the Greek stock exchange. We were the first to realize this, and thanks to DeFi and gaming, we’ll open access to external investors, not just locals.
- Solvency proofs? We defined the cryptographic standard for most DEXes. We’re already casually auditing all major firms. It’s only natural they’ll pick Sui’s tech to stay on the safe side.
- Dedicated solution engineering and cryptographer support: the team is so good they can design and audit custom ZK circuits for any logic or institutional needs. This was actually catalytic.
- and where do you store your actual titles and terms pdfs? Warlus for storage and binary transparency.
Congrats to @ATHEX_Group for being in the frontline of innovation, I was happily surprised with them insisting to use a ZK system, they indeed studied before they come to us.
Real-world finance meets next-gen blockchain. Greece’s national stock exchange, @ATHEX_Group — is going onchain with Sui.
@Mysten_Labs and ATHEX are building a ZK-powered fundraising platform that enhances privacy and speed in traditional capital markets.