News linked to both this project and an event.
Coinbase has announced a partnership with Mubadala Capital, part of the Abu Dhabi sovereign wealth fund, and KAIO, a tokenization infrastructure provider, to issue compliant on-chain tokens for Mubadala's evergreen private market fund, open to qualified investors.Coinbase will not only support the token issuance through the Base network but will also purchase the token and include it on its corporate balance sheet, marking the first time a major US-listed company has used a regulated tokenized real-world asset (RWA) for native on-chain treasury management. The product will also be deployed on the Solana and Sui networks, with KAIO providing compliant tokenization infrastructure. To date, the project has attracted approximately $75 million in funds, while Mubadala manages assets nearing $400 billion. (Fortune)
Sui posted on X platform, stating that this week's highlights include ensuring data privacy, expanding decentralized capital markets, and welcoming new teams into the network development pipeline. LoquaApp has launched a privacy-first AI agent messaging app on Sui, supporting users in sending messages, interacting with AI agents, and conducting peer-to-peer token transfers within chats; RipStationxyz has deployed a graded Pokémon card platform on Sui for on-chain trading and physical redemption; suidevelopers held a technical meeting, where kostascrypto and abhinavg6 analyzed the cryptography behind protocol-level confidential transfers; 0xfluid has chosen Hashi to build an institutional-grade Bitcoin credit market, enabling native BTC to be used as collateral through formally verified contracts on Sui; realtbook has partnered with paga to create a compliant financial bridge, offering tokenized real-world assets to African consumers and businesses; six early-stage development teams, including AssetoFinance, audricai, gendotpro, kash_bot, predikt_gg, and transact_sh, have completed the third cohort of the Sui Hydropower Fellowship; tradeonhudi announced the upcoming launch of 7×24 hour leveraged perpetual contracts on Asia-Pacific stocks, targeting markets in Korea, Japan, and Hong Kong; Turbos_finance released its Q2 2026 report, having launched its CLMM and once became the highest-volume AMM DEX with a single-day SUI-USDC trading volume exceeding $17 million. The upcoming Sui Tunnels experiment will be opened for system testing of the network's TPS limit under load.
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.
Sui posted on X platform, stating its network supports institution-level cross-border payments compliant with major global regulatory frameworks such as MiCA, FATF, and Basel, enabling peer-to-peer real-time settlement.
Sui announced on X platform that confidential transfers are now open for public testing on Sui Devnet, where transfer amounts and balances remain private, with controlled visibility for compliance and auditing purposes.
Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.
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.
According to an official announcement by Volo, a security vulnerability occurred today on the Sui network involving Volo—a BTCFi and LST protocol—resulting in the theft of approximately $3.5 million in assets (including WBTC, XAUm, and USDC) from three specific vaults. Immediately after the incident, the team notified the Sui Foundation and ecosystem partners and froze all vaults to prevent further losses. Volo stated that the vulnerability affected only these three vaults; the remaining vaults are not exposed to the same attack vector, and the other ~$28 million in TVL remains secure. The official announcement emphasized that Volo will bear the loss entirely and will not pass it on to users. A comprehensive post-mortem report and remediation plan will be released upon completion of the investigation.