Sui is a new layer-1 blockchain set to go live on May 3. Recently, the network has gained significant attention in online crypto circles. The project uses a delegated proof-of-stake (dPoS) consensus mechanism with an altered version of the Move programming language. Additionally, the native token of the network is SUI, with a supply cap of 10 […]
Tron founder and crypto entrepreneur Justin Sun transferred 56.1 million True USD (TUSD) worth over $56.4 million to crypto exchange Binance on Monday morning, sparking rumors about his intention to farm the just-released Sui (SUI) tokens on the Binance LaunchPool. Shortly after Whale Alert flagged the transaction, Binance’s CEO Changpeng Zhao (CZ) disclosed that the exchange’s team had warned […]