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Mysten Labs is focused on building foundational infra to accelerate web3 adoption.
Mysten Labs and Google Cloud Release VAA, Providing a Verifiable Evidence Layer for AI Agents
Odaily News: Sui posted on the X platform that Mysten Labs has announced a partnership with Google Cloud to officially release the Verifiable Agent Arbiter (VAA), providing enterprises with an evidence layer to prove whether AI Agent actions were executed within authorized scope, and using Sui and WalrusProtocol to anchor the relevant proofs. VAA integrates an Agent's authorized scope, actual behavior, and final outcomes, while keeping sensitive information such as prompts, model outputs, tool calls, and policy decisions private, storing them in customer-controlled Google Cloud Storage. VAA supports dispute replay, event reconstruction, and verifiable Agent commercial transactions through Sui Agent payments and x402, and can help enterprises meet regulatory requirements including the EU AI Act.
Mysten Labs and Google Cloud are jointly developing an AI Agent verification system that will leverage Sui and Walrus to enable behavior attestation.
Sui core development company Mysten Labs announced a collaboration with Google Cloud to develop the Verifiable Agent Arbiter (VAA), aimed at establishing an independently verifiable behavior logging system for enterprise AI agents, ensuring that AI agent operations remain within their authorized scope while meeting enterprise auditing and regulatory compliance requirements.
Sui ecosystem DeFi protocol Full Sail will gradually cease operations.
The Sui ecosystem DeFi protocol Full Sail stated that its protocol has been affected by the Switchboard oracle security incident and has decided to gradually wind down operations. Affected protocols include Virtue Money, which reported losses of approximately $455,000, with 45 users liquidated. Switchboard has issued a statement regarding the incident, but as of September 1, it has not provided the technical details requested by Full Sail, nor has it committed to compensation. Mysten Labs rejected Full Sail's request for financial support. Full Sail stated that all remaining liquidity from the protocols will be prioritized for distribution to users, with the team covering any shortfall to ensure community depositors receive priority compensation.
Sui Co-Founder Leases Factory to Mass-Produce Quantum-Safe Hardware Wallet Cards, Targeting Key Cost Below $10 Per Card
Odaily News: Kostas Chalkias, co-founder and chief cryptographer of Mysten Labs, the development company behind the Sui blockchain, stated that he has leased a dedicated factory at a secret location and plans to scale up production of quantum-safe hardware wallet cards for Sui. The project aims to keep the cost of a single quantum card key under $10, with NFC quantum signing expected to take 1 to 2 seconds. Chalkias noted that the project is being advanced in his personal time outside of work and may include funding to provide cards for users who cannot afford them. The initiative is partly driven by a recent incident involving Coldcard hardware wallets, though the vulnerability was not a quantum attack. Coldcard manufacturer Coinkite disclosed that a firmware vulnerability in Coldcard, traceable to a 2021 update, bypassed the hardware random number chip and generated keys using a predictable software process linked to device serial numbers. Attackers have been moving funds since July 30, with losses climbing to approximately 2,055 BTC, affecting over 7,700 addresses and nearing a value of $130 million. At the protocol level, Sui plans to integrate two quantum-resistant signature schemes approved by the U.S. National Institute of Standards and Technology (NIST), designed for everyday accounts and high-value Move vaults, respectively. Existing accounts can be rotated to quantum-safe keys based on their original recovery phrases, without needing to migrate to new wallets. (Bitcoin.com News)
Aftermath Finance expects to complete the refund of users’ funds within 48 to 72 hours.
According to an official disclosure by Aftermath Finance, the protocol expects to complete full compensation to users within the next 48–72 hours. The team is currently working at full capacity to return funds and expresses its gratitude for users’ patience. Earlier reports indicated that the perpetual contract protocol Aftermath Finance was exploited via a vulnerability yesterday, resulting in losses of approximately $1.14 million. The Sui Foundation, in collaboration with Mysten Labs, stated it will actively assist Aftermath Finance in recovering user funds and is committed to ensuring the continued operation of the Aftermath protocol.
Sui: Perpetual Contract Protocol Aftermath Finance Suffers Exploit; Will Assist in Recovering Funds
According to an official announcement by Sui, Aftermath Finance’s perpetual contract protocol deployed on the Sui network was exploited due to a vulnerability, and the affected protocol has been immediately suspended. The Sui Foundation, in collaboration with Mysten Labs, stated that it will actively assist Aftermath Finance in recovering user funds and is committed to ensuring the continued operation of the Aftermath protocol. Aftermath Finance will provide further updates on the fund recovery progress in the near future.
Sui Devnet Completes Native Quantum-Resistant Signature Transaction Test, Aims for Mainnet Account Authentication in Q1 2027
Odaily News: Kostas Chalkias, Chief Cryptographer at Mysten Labs, the core development company behind Sui, announced that the Sui Devnet has completed testing of native quantum-resistant signature transactions. The latest version now supports ML-DSA-65 post-quantum signature verification, which will be used for transaction authorization of regular accounts in the future. Additionally, there are plans to introduce SLH-DSA-SHA2-128s signatures through Move smart contracts to provide protection for high-value asset vaults.Existing accounts will be able to derive quantum-resistant keys from their original mnemonics and update authorization keys through the address alias feature without needing to transfer assets. Sui plans to deploy quantum-resistant vaults to mainnet by the end of 2026 and introduce native ML-DSA-65 accounts to testnet, with the goal of achieving native account authentication on mainnet in Q1 2027. The specific timeline depends on security audits and testing results.
Mysten Labs and Google Cloud Release VAA, Providing a Verifiable Evidence Layer for AI Agents
Odaily News: Sui posted on the X platform that Mysten Labs has announced a partnership with Google Cloud to officially release the Verifiable Agent Arbiter (VAA), providing enterprises with an evidence layer to prove whether AI Agent actions were executed within authorized scope, and using Sui and WalrusProtocol to anchor the relevant proofs. VAA integrates an Agent's authorized scope, actual behavior, and final outcomes, while keeping sensitive information such as prompts, model outputs, tool calls, and policy decisions private, storing them in customer-controlled Google Cloud Storage. VAA supports dispute replay, event reconstruction, and verifiable Agent commercial transactions through Sui Agent payments and x402, and can help enterprises meet regulatory requirements including the EU AI Act.
SlushWallet supports gas-free stablecoin transfers with settlement in under 1 second
Sui stated on X that SlushWallet is purpose-built for Sui, supporting policies, replacing addresses with SuiNS names, and gas-free stablecoin transfers that settle in under 1 second. The wallet is developed by Mysten Labs.
Sui ecosystem DeFi protocol Full Sail will gradually cease operations.
The Sui ecosystem DeFi protocol Full Sail stated that its protocol has been affected by the Switchboard oracle security incident and has decided to gradually wind down operations. Affected protocols include Virtue Money, which reported losses of approximately $455,000, with 45 users liquidated. Switchboard has issued a statement regarding the incident, but as of September 1, it has not provided the technical details requested by Full Sail, nor has it committed to compensation. Mysten Labs rejected Full Sail's request for financial support. Full Sail stated that all remaining liquidity from the protocols will be prioritized for distribution to users, with the team covering any shortfall to ensure community depositors receive priority compensation.
Sui Stablecoin Supply Approximately $478 Million, Zero-Fee Transfer Volume Exceeds $65 Billion
Odaily News: The stablecoin supply on the Sui network is currently approximately $478 million, about 69% lower than the peak of $1.6 billion in May 2025, and has remained near this level for several consecutive months.Mysten Labs, the company responsible for Sui's core development, introduced protocol-level adjustments in May, reducing stablecoin transfer fees to zero and eliminating the requirement to hold the native token SUI when making transfers. This feature supports seven stablecoins: USDC, USDsui, SuiUSDe, AUSD, FDUSD, USDB, and USDY.Since June 10, the Sui network has processed over $65 billion in zero-fee stablecoin transfers, with cumulative stablecoin trading volume exceeding $2.27 trillion since the beginning of 2024, and transaction count reaching 16 billion. (Bitcoin.com News)
Sui Developer Mysten Labs Co-Founder Pushes Low-Cost Quantum-Resistant Hardware Wallet
Kostas Chalkias, Co-founder and Chief Cryptographer of Mysten Labs, the developer behind the Sui blockchain, stated that they are advancing the development of quantum-resistant hardware wallet cards for the Sui ecosystem and have rented a factory to support mass production. The product targets a cost of less than $10 per key card and supports Near Field Communication signing in 1 to 2 seconds.
Related news
Mysten Labs Co-founder Evan Cheng: Will Transition to CTO, Kevin Boon to Take Over as CEO
In an open letter, Evan Cheng, co-founder of Sui developer Mysten Labs, announced that company president Kevin Boon will take over as CEO, while he transitions to CTO and leads the newly established AI business unit. The unit will focus on AI agent trust products and AI-native infrastructure, backed by independent engineering, product development, and other teams, with related products and services to be built on Sui and Walrus.
Sui Devnet Completes Native Quantum-Resistant Signature Transaction Test, Aims for Mainnet Account Authentication in Q1 2027
Odaily News: Kostas Chalkias, Chief Cryptographer at Mysten Labs, the core development company behind Sui, announced that the Sui Devnet has completed testing of native quantum-resistant signature transactions. The latest version now supports ML-DSA-65 post-quantum signature verification, which will be used for transaction authorization of regular accounts in the future. Additionally, there are plans to introduce SLH-DSA-SHA2-128s signatures through Move smart contracts to provide protection for high-value asset vaults.Existing accounts will be able to derive quantum-resistant keys from their original mnemonics and update authorization keys through the address alias feature without needing to transfer assets. Sui plans to deploy quantum-resistant vaults to mainnet by the end of 2026 and introduce native ML-DSA-65 accounts to testnet, with the goal of achieving native account authentication on mainnet in Q1 2027. The specific timeline depends on security audits and testing results.
Mysten Labs and Google Cloud Release VAA, Providing a Verifiable Evidence Layer for AI Agents
Odaily News: Sui posted on the X platform that Mysten Labs has announced a partnership with Google Cloud to officially release the Verifiable Agent Arbiter (VAA), providing enterprises with an evidence layer to prove whether AI Agent actions were executed within authorized scope, and using Sui and WalrusProtocol to anchor the relevant proofs. VAA integrates an Agent's authorized scope, actual behavior, and final outcomes, while keeping sensitive information such as prompts, model outputs, tool calls, and policy decisions private, storing them in customer-controlled Google Cloud Storage. VAA supports dispute replay, event reconstruction, and verifiable Agent commercial transactions through Sui Agent payments and x402, and can help enterprises meet regulatory requirements including the EU AI Act.
Mysten Labs and Google Cloud are jointly developing an AI Agent verification system that will leverage Sui and Walrus to enable behavior attestation.
Sui core development company Mysten Labs announced a collaboration with Google Cloud to develop the Verifiable Agent Arbiter (VAA), aimed at establishing an independently verifiable behavior logging system for enterprise AI agents, ensuring that AI agent operations remain within their authorized scope while meeting enterprise auditing and regulatory compliance requirements.
SlushWallet supports gas-free stablecoin transfers with settlement in under 1 second
Sui stated on X that SlushWallet is purpose-built for Sui, supporting policies, replacing addresses with SuiNS names, and gas-free stablecoin transfers that settle in under 1 second. The wallet is developed by Mysten Labs.
Sui ecosystem DeFi protocol Full Sail will gradually cease operations.
The Sui ecosystem DeFi protocol Full Sail stated that its protocol has been affected by the Switchboard oracle security incident and has decided to gradually wind down operations. Affected protocols include Virtue Money, which reported losses of approximately $455,000, with 45 users liquidated. Switchboard has issued a statement regarding the incident, but as of September 1, it has not provided the technical details requested by Full Sail, nor has it committed to compensation. Mysten Labs rejected Full Sail's request for financial support. Full Sail stated that all remaining liquidity from the protocols will be prioritized for distribution to users, with the team covering any shortfall to ensure community depositors receive priority compensation.