Sui is a permissionless Layer 1 blockchain, designed from the ground up to enable creators and developers to build experiences that cater to the next billion users in Web3. It is horizontally scalable, enabling a wide range of application development with unrivaled speed and low cost.
: DeAgentAI, a decentralized AI infrastructure project on the SUI and BNB ecosystems, announced that its total buyback program of $5 million worth of AIA tokens has been fully executed. The first batch, involving the burning of 1 million AIA tokens, was completed earlier. This second batch burn of 10 million AIA tokens has now been completed, bringing the cumulative total burned to 11 million tokens, accounting for 23.1% of the total repurchased amount. All tokens have been sent to a black hole address for permanent destruction.Furthermore, DeAgentAI announced the official launch of a quarterly burning mechanism. Going forward, the AIA burn plan will be executed on a quarterly basis, marking the deflation mechanism's entry into a normalized phase. The funds for the buyback come from the project's protocol revenue and profits from its proprietary AI trading models, and are unrelated to external financing or token inflation.
According to official announcements, the Sui ecosystem Bitcoin financial platform Hashi testnet has officially launched. Hashi first debuted in March, aiming to provide a brand new way for BTC: unlocking value on Sui without leaving the Bitcoin network. Hashi transforms dormant BTC into secure, programmable collateral assets for institutional-grade lending, financing, and credit services, with all actions verifiable on-chain. Developers can now access the Hashi testnet to build and stress-test financial applications collateralized by Bitcoin,
Odaily Planet Daily reported that NASDAQ-listed SUI Group Holdings Limited announced the expansion of its strategic lending partnership with Bluefin, a decentralized exchange on the Sui ecosystem. According to the revised digital currency loan agreement, SUI Group will lend an additional 4 million SUI to Bluefin, bringing the total loan size to 6 million SUI. At the same time, the company has increased the revenue sharing ratio from the original 5% to 11%, payable in SUI. The new funds will be used to support Bluefin's participation in the financing transaction for Bluewater's acquisition of Suilend, the latter being the largest lending and DeFi platform on the Sui blockchain. (Businesswire)
Adeniyi Abiodun, co-founder of Mysten Labs—the development team behind Sui—shared Sui’s future roadmap in a recent post. According to the article, Sui’s long-term goal is to build foundational blockchain infrastructure capable of supporting global value flow over the next decade—enabling efficient payments, financial asset transfers, and transactions between machines and AI agents—all on a single network. The team emphasized that this vision stems from its core principle: “making value flow as freely as information.” Sui will continuously iterate its underlying architecture and protocol design to realize this objective. Technically, Sui leverages an object-centric model, horizontally scalable architecture, and native parallel execution to achieve high throughput, low latency, and composability within a single network—while also facilitating the onboarding of stablecoins, real-world assets, and institutional-grade financial products. Additionally, the project introduces privacy-preserving transactions, gasless transfers, and yield-bearing asset mechanisms to reduce usage costs and enhance financial accessibility. The article states that the future financial system will progressively migrate onto public-chain infrastructure—from individual payments to institutional capital markets—achieving full digitization and further extending into AI-driven automated transaction scenarios. The team describes its mission as building a unified global value network, evolving fund flows toward an instant, low-cost, “messaging-style” paradigm.
According to CoinDesk, Nasdaq-listed SUI Group and London-based hedge fund Karatage co-led Nof1’s $15 million funding round. Previously, the two firms jointly invested—with TwinPath Ventures—in Recursive Superintelligence, a self-evolving AI startup valued at over $4 billion. Both investments rest on the same core thesis: autonomous AI agents will become the foundational infrastructure of future investment markets, and companies building training environments today may dominate the financial landscape of tomorrow.
DeFi protocol Splyce Finance has completed a strategic funding round, with investors including the Sui Foundation, Stellar Foundation, Solana Foundation, Lucid Drakes, Sarson Funds, and Kin Capital. The specific funding amount has not yet been disclosed.
Oracle protocol Switchboard issued a statement disclosing a report of a potential overnight attack. The Switchboard team has partnered with relevant projects and security agencies to take measures, suspending its network services on the Aptos, Sui, IOTA, and Movement chains. Currently, there are no similar reports indicating a comparable intrusion attack on the Solana chain. However, for security reasons, official channels recommend that users migrate to alternative oracle solutions as soon as possible, at least temporarily, during the investigation period. The team continues to investigate the incident and will release further details subsequently.
Blockchain financial infrastructure company tZERO Group has announced a strategic partnership with the Sui blockchain, directly integrating with the Sui network to provide issuance, transfer agency, custody, trading, compliance, and settlement support for regulated digital asset securities.
Odaily News - Digital asset tokenization platform Securitize, in partnership with asset management firm Neuberger, has launched the Neuberger Securitize High Income Tokenized Fund (HINC). The fund primarily invests in high-yield bonds and may also allocate to collateralized loan obligations (CLOs) and leveraged loans.HINC will be issued on four public chains—Avalanche, Ethereum, Solana, and Sui—and is available exclusively to eligible qualified investors and qualified purchasers. Investors must undergo customer identification and anti-money laundering screening, and comply with jurisdictional restrictions and securities rules.Neuberger will handle portfolio management and research, Securitize Capital will serve as investment advisor, Securitize Markets will provide fund shares, and other affiliates will manage tokenization, administration, and operational services. Neuberger's fixed income platform manages over $230 billion in assets.Securitize disclosed that its tokenized asset management scale has reached $3.4 billion, with first-quarter revenue of $19.5 million, up nearly 40% year-over-year. The company began trading on July 2, becoming the first firm to list shares on both the New York Stock Exchange and on-chain simultaneously. (Bitcoin.com News)
Odaily News: Sui announced on X platform that @osec_io has manually reviewed AftermathFi's perpetual contract engine, and @Certora has completed verification through mathematical methods. The two institutions reviewed the same codebase using two different approaches. The market will open tomorrow, and both audit reports will be publicly released.
Odaily News: Since the launch of Sui's Hashi Bitcoin lending protocol testnet on July 22, it has processed over 1.1 million Bitcoin deposits and 165,000 withdrawals within three weeks. As of last week, more than 25 institutions had participated in the system's stress testing. Participating institutions include digital asset custodian BitGo, trading firm Cumberland, as well as Swissborg, Fluid, and Ledger, covering areas such as trading, custody infrastructure, and wealth management platforms. Hashi allows users to deposit native Bitcoin, which is confirmed by Sui validators before minting hBTC for on-chain lending and stablecoin borrowing. Deposits utilize a 2-of-2 multi-signature mechanism with MPC validator signatures, while withdrawals require review by the Guardian Layer; the project team will proceed with the 2026 mainnet launch only after this security layer completes its security audit. (Bitcoin.com News)
Odaily News: Sui announced on the X platform that Hadron by Tether is now live, providing institutions with the infrastructure to issue tokenized stocks, bonds, commodities, and other assets. The infrastructure is designed with compliance at its core and built for scalable growth.
Odaily News: Since the launch of Sui's Hashi Bitcoin lending protocol testnet on July 22, it has processed over 1.1 million Bitcoin deposits and 165,000 withdrawals within three weeks. As of last week, more than 25 institutions had participated in the system's stress testing. Participating institutions include digital asset custodian BitGo, trading firm Cumberland, as well as Swissborg, Fluid, and Ledger, covering areas such as trading, custody infrastructure, and wealth management platforms. Hashi allows users to deposit native Bitcoin, which is confirmed by Sui validators before minting hBTC for on-chain lending and stablecoin borrowing. Deposits utilize a 2-of-2 multi-signature mechanism with MPC validator signatures, while withdrawals require review by the Guardian Layer; the project team will proceed with the 2026 mainnet launch only after this security layer completes its security audit. (Bitcoin.com News)
According to CoinDesk, Wall Street bank Cantor Fitzgerald issued a research report indicating that the crypto market is entering the final phase of the current bear cycle. As of June 10, Bitcoin has declined approximately 51% from its 2025 peak, with 252 days having passed since the peak. Synthesizing the past three market cycles, BTC bottoms on average 384 days after the peak; based on this, the low point of this cycle is projected to appear around the end of October. Analysts also noted that the model is not a precise timing tool, and macro, regulatory, and geopolitical risks remain. Regarding network value assessment, Cantor believes Hyperliquid is the prime example of fee-driven token economics, Bitcoin remains the benchmark monetary asset, and Ethereum serves as the primary collateral layer for on-chain finance; Solana, Sui, XRP, and Zcash each possess differentiated advantages, but still need to prove that their ecosystem growth can translate into sustained token demand.
According to on-chain analyst PeckShield (@PeckShieldAlert), SlowMist’s threat intelligence system MistEye has detected a cross-registry supply chain attack targeting developers. Malicious packages have spread across three major registries—npm, PyPI, and Crates.io—comprising over 34 malicious packages and more than 384 related versions. The attack targets developer communities in cryptocurrency, DeFi, Solana, Sui/Move, and AI. It may lead to the theft of cryptocurrency wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, and other sensitive developer information. Some malicious payloads also attempt persistence via mechanisms including `.cursorrules`, `CLAUDE.md`, Git hooks, cron, systemd, and SSH. SlowMist recommends immediately removing affected packages, isolating compromised systems, rotating exposed credentials, rebuilding CI environments and developer machines from clean images, and conducting comprehensive reviews of GitHub, cloud, SSH, and wallet-related activities.
CoinShares data shows crypto funds saw net inflows of $858 million last week, marking the fifth consecutive week of inflows and the largest single-week inflow since the end of April. Among them, Bitcoin funds attracted over $700 million in a single week, with year-to-date inflows reaching $4.9 billion, indicating sustained growth in institutional investor demand for the crypto market.Market analysis suggests that positive expectations related to the "Clarity Act" have driven an improvement in institutional sentiment. Currently, BTC prices remain above the $80,000 mark, with the market watching for a potential breakout of the 200-day moving average near $82,000. Marex analysts point out that if Bitcoin manages a daily close above $82,000 accompanied by stable spot buying, it could initiate a new upward trend.In the altcoin space, SUI rose 12% in 24 hours to $1.26. Mysten Labs co-founder Adeniyi Abiodun revealed that Sui plans to launch confidential transaction features this year to support fee-free private payments. Additionally, Nasdaq-listed Sui Group Holdings (SUIG) previously announced that it has staked most of its reserve SUI, effectively reducing the circulating market supply by approximately 2.7%. (CoinDesk)
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.
Oracle protocol Switchboard issued a statement disclosing a report of a potential overnight attack. The Switchboard team has partnered with relevant projects and security agencies to take measures, suspending its network services on the Aptos, Sui, IOTA, and Movement chains. Currently, there are no similar reports indicating a comparable intrusion attack on the Solana chain. However, for security reasons, official channels recommend that users migrate to alternative oracle solutions as soon as possible, at least temporarily, during the investigation period. The team continues to investigate the incident and will release further details subsequently.
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)
Sui Chinese Official released a post-mortem of the mainnet outage, stating that on May 28 (Thursday) and May 29 (Friday), 2026, Pacific Time (UTC-7), the Sui mainnet experienced three network failures. The first two failures stemmed from a crash vulnerability caused by the interaction between the Gas charging logic and the recently released version 1.72 (which introduced the Address Balances feature). The fix for Thursday's incident was a temporary measure aimed at restoring network operations as quickly as possible while the Sui core team developed a long-term solution. The team was aware that this temporary fix had an extremely low probability of causing network failure but accepted this risk to expedite mainnet recovery. On Friday morning, another variant of this known issue was triggered, leading to another failure.The third failure occurred during the routine Epoch transition on Friday afternoon. When validators restarted nodes to deploy Friday morning's fix, a long-dormant defect in the Randomness State preservation was triggered, causing another network failure.Failure timeline: First: Started Thursday around 7:00 PT, recovered at 13:30 PT; Second: Started Friday around 5:00 PT, recovered at 8:30 PT; Third: Started Friday around 13:30 PT, recovered at 19:20 PT;Throughout the entire incident, user funds remained secure, and no confirmed transactions were reverted after network recovery.Currently, validators have fully fixed the original Gas Charging and Randomness State vulnerabilities, and network activity has returned to normal.
According to The Block, the Sui Foundation released an incident report on May 31, disclosing three consecutive outages on its mainnet from May 29 to 30—each traced back to two independent bugs introduced in the v1.72 upgrade. The first two outages were caused by a gas fee calculation error stemming from the newly launched “address balance” feature: funds were deducted even when transactions were canceled, resulting in negative account balances and subsequent validator node crashes. The third outage was triggered by a latent vulnerability in the random number generator during node restarts, preventing the network’s epoch from closing normally. The Sui Foundation stated that all known issues have now been resolved; user funds remained unaffected throughout the incidents, and no settled transactions were rolled back. The Foundation plans to further enhance its fault-tolerance mechanisms to ensure future similar bugs impact only individual transactions—not the entire network.
Sui officially announced a network outage on its mainnet due to a vulnerability in the Gas billing logic of version 1.72, temporarily halting all transactions and on-chain activities. The Sui Core team has now completed emergency response, and the mainnet has resumed normal operations. The official statement indicated that a comprehensive post-mortem report will be released subsequently, detailing the cause of the incident and the fix.
Odaily News: Sui announced on platform X that agents can now hold independent wallets on Sui, fund themselves with tokens, and run liquidity positions to earn fees. Agents are granted scoped permissions over these wallets, with gas fees abstracted by the system. WaaPxyz operates on CetusProtocol.
Odaily News: Gate has officially launched a new one-stop on-chain trading product, "FOMO Hunter," aggregating hot multi-chain assets and Meme trading scenarios. It covers multiple major public chains including Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting hot Memes, promising small-cap tokens, and various other types of on-chain assets.In terms of trading fees, "FOMO Hunter" applies a unified 0.5% buy and sell fee rate. Users trading Robinhood Chain assets through "FOMO Hunter" can also enjoy a limited-time Gas (network fee) waiver. For the trading experience, users can directly trade on-chain using their Gate account assets without needing to create or connect a wallet, or frequently transfer assets or switch networks. They can also query real-time quotes and K-line charts via token names or contract addresses, enabling "search-to-trade." Additionally, "FOMO Hunter" focuses on a Meme social trading ecosystem, supporting features such as Callout leaderboards, KOL leaderboards, and active account displays. Furthermore, leveraging Gate's deep liquidity and high-performance matching engine, it further enhances on-chain trade execution efficiency while reducing wait times and slippage.This launch further lowers the barrier for users to participate in on-chain trading and enriches Gate's Web3 asset trading scenarios. Going forward, Gate will continue to improve its on-chain trading infrastructure and product experience, providing users with more convenient and diversified Web3 trading services.
Odaily News, Sui posted on the X platform that real-world assets have holding rules. On Sui, these rules are built into the assets. HIGH, launched by @Emberprotocol, is a tokenized US high-yield credit asset that can serve as collateral on @suilendprotocol, @navi_protocol, and @AlphaFiSUI, and can be traded spot on @bluefinapp.
Odaily News - Users can now send supported tokens from networks such as Ethereum, Base, Arbitrum, and Sui directly to Jupiter without using bridge tools, and receive USDC directly in their Solana wallet. This feature integrates routing, cross-chain bridging, and swap processes, eliminating the need for users to switch networks or execute additional transactions. The service currently adopts a unified fixed fee structure, charging $0.30 per transaction—whether the transfer amount is $100 or $10 million, the fee remains the same.
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.
Odaily News: Sui announced on the X platform that Sui assets are now listed on the KuCoin Web3 wallet, which offers asset settlement times of under 1 second.
Odaily News: Sui announced on platform X that agents can now hold independent wallets on Sui, fund themselves with tokens, and run liquidity positions to earn fees. Agents are granted scoped permissions over these wallets, with gas fees abstracted by the system. WaaPxyz operates on CetusProtocol.
Odaily News: Gate has officially launched a new one-stop on-chain trading product, "FOMO Hunter," aggregating hot multi-chain assets and Meme trading scenarios. It covers multiple major public chains including Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting hot Memes, promising small-cap tokens, and various other types of on-chain assets.In terms of trading fees, "FOMO Hunter" applies a unified 0.5% buy and sell fee rate. Users trading Robinhood Chain assets through "FOMO Hunter" can also enjoy a limited-time Gas (network fee) waiver. For the trading experience, users can directly trade on-chain using their Gate account assets without needing to create or connect a wallet, or frequently transfer assets or switch networks. They can also query real-time quotes and K-line charts via token names or contract addresses, enabling "search-to-trade." Additionally, "FOMO Hunter" focuses on a Meme social trading ecosystem, supporting features such as Callout leaderboards, KOL leaderboards, and active account displays. Furthermore, leveraging Gate's deep liquidity and high-performance matching engine, it further enhances on-chain trade execution efficiency while reducing wait times and slippage.This launch further lowers the barrier for users to participate in on-chain trading and enriches Gate's Web3 asset trading scenarios. Going forward, Gate will continue to improve its on-chain trading infrastructure and product experience, providing users with more convenient and diversified Web3 trading services.
Odaily News, Sui posted on the X platform that real-world assets have holding rules. On Sui, these rules are built into the assets. HIGH, launched by @Emberprotocol, is a tokenized US high-yield credit asset that can serve as collateral on @suilendprotocol, @navi_protocol, and @AlphaFiSUI, and can be traded spot on @bluefinapp.
Odaily News - Users can now send supported tokens from networks such as Ethereum, Base, Arbitrum, and Sui directly to Jupiter without using bridge tools, and receive USDC directly in their Solana wallet. This feature integrates routing, cross-chain bridging, and swap processes, eliminating the need for users to switch networks or execute additional transactions. The service currently adopts a unified fixed fee structure, charging $0.30 per transaction—whether the transfer amount is $100 or $10 million, the fee remains the same.
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.
According to the official announcement, Binance will remove the cross and isolated margin trading pairs including TNSR/USDC, SXT/USDC, TURTLE/USDC, AIXBT/USDC, and BREV/USDC on September 3 at 14:00 (UTC+8). Cross margin involves the aforementioned 5 trading pairs; isolated margin additionally includes USDE/USDC, WBETH/ETH, BFUSD/USDT, BNSOL/SOL, SUI/BTC, AVAX/BTC, and LINK/BTC. The platform will pause lending for the aforementioned isolated margin trading pairs on September 1 at 14:00, and will automatically close and liquidate relevant positions, cancel limit orders, and delist the trading pairs on September 3 at 14:00; the removal process is expected to last approximately 3 hours. Binance advises users to close their positions or transfer assets to their spot wallets before the deadline, and states that it will not be responsible for any potential losses.