Argin Chronicles
On September 30, the Sui blockchain introduced a new bridge that allows Ethereum (ETH) users to transfer assets to Sui, a Layer 1 network. This bridge enhances interoperability between Ethereum and Sui by facilitating seamless transactions, a major development in blockchain technology. Before this, Wormhole was the primary means for transferring assets between the two […]
SuiNetwork, a decentralized Layer 1 blockchain, is making waves with its promise of fast and cheap transactions. Developed by Mysten Labs, Sui is designed to make Web3 secure and reliable for everyone. The team behind Mysten Labs includes several former members of Meta’s Novi digital wallet program, with Even Cheng serving as CEO. Backed by […]
Venture capital interest in GameFi is on the rise in 2024, with investments increasing steadily. In the first four months of the year, both the number of funded projects and total raised funds have shown significant growth. The GameFi sector now boasts 3,763 protocols, with BNBChain, Ethereum, and Polygon leading in the number of active […]
In an impressive feat, SuiNetwork’s decentralized finance (DeFi) ecosystem has successfully amassed over $150 million in Total Value Locked (TVL) within just six months. This accomplishment positions Sui among the top 20 blockchains in TVL, showcasing the substantial growth of its DeFi ecosystem, backed by an engaged community and a pool of adept developers. Six […]