Exploring Sui’s Move-based blockchain, ecosystem activity, and innovations in Web3 scalability.
Retail investors gain VC-like power with Surge fueling AI asset launches on Sui, accelerating crypto-based trust and transparency.
News Desk 8 min read 
The shares fell over 15% within 30 minutes after the July 3 opening and one hour after the announcement, although no direct link apparent.
The amount was frozen by Sui validators following the May 22 hack, locking most of the tokens stolen in the attack.
The reimbursement of the $223 million stolen depends on the community voting to return the assets frozen by Sui validators.
The bounty follows a lack of response from the hacker and comes amid centralization concerns regarding Sui validators.
The Cetus exploit caused a drop in Sui ecosystem token prices, affecting user confidence and liquidity providers alike.
Bitcoin ETFs break records with $62.9 billion inflows, bolstered by institutional interest.
Sui Network led the crypto market this week with a 70% price surge, outperforming Bitcoin and Ethereum as its token hit over $3.5 and market cap exceeded $11 billion.
Cboe BZX Exchange's SUI ETF could pioneer US altcoin investment with regulated, staked exposure.
