Tag Archives: mysten labs

CoinspeakerTencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks This partnership will facilitate the growth and adoption of the Sui ecosystem by providing developers with the necessary tools and resources. Tencent Cloud Blockchain RPC Supports Sui, Now Covering Over 20 Blockchain Networks

NHN said it chose the Sui blockchain for its crypto game development thanks to its low transaction fees, fast processing time, and high scalability. South Korean mobile game developer NHN has joined the crypto bandwagon through a partnership with Mysten Labs, the owner of the Sui blockchain, to develop games for players in the industry. In an official press release dated September 21, the company’s gaming division announced its expansion into the Web3 ecosystem, joining the ranks of South...

As part of the agreement, debtors will sell roughly $95 million worth of preferred stock back to Mysten Labs in addition to $1 million in SUI tokens. On Thursday, March 23, debtors of the collapsed crypto exchange FTX filed a motion in the bankruptcy court seeking a $95 million stake in the Delaware-based Web3 firm Mysten Labs. Crypto exchange FTX has been surviving to pay its customers impacted by the collapse of the exchange last year in November 2022. Before it fall, FTX had paid $101...