🎉 Evan Cheng Makes CoinDesk’s 50 Most Influential
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🎉 Evan Cheng Makes CoinDesk’s 50 Most Influential
Evan Cheng, CEO of Mysten Labs, made it to CoinDesk's 50 Most Influential People of 2024 for his work on Sui, a blockchain that redefines infrastructure with an object-oriented approach.
In 2024, Sui saw impressive growth, reaching over $1.5 billion in TVL, driven by innovations in the Move programming language and partnerships. His experience with Meta’s Diem project helped shape Sui into a faster, cheaper, and more efficient blockchain.
🚀 Sui Community Hypes Two Token Launches
The Sui community is buzzing with excitement this week, with two highly anticipated token launches. Bluefin launched the BLUE token on December 11, and Suilend followed with the launch of the SEND token on December 12.
🪙 Michael Saylor Goes All-In on Bitcoin
MicroStrategy, led by Michael Saylor, keeps stacking up Bitcoin, adding 21,550 BTC for $2.1 billion between December 2 and 8, 2024. The company now holds a massive 423,650 Bitcoin, worth around $41.5 billion. He tried to get Microsoft to invest some of its cash reserves into Bitcoin. However, during Microsoft’s annual shareholder meeting on Tuesday, the idea didn’t fly, as shareholders shot down his proposal.
🔗 Sui Blockchain Updates
🎪 Sui shared a lineup of upcoming community events around the world.
🔵 Sui launched the DeepBook RFP Program, funding projects that drive innovation and collaboration within the ecosystem.
🌌 Ecosystem Highlights
🎮 Lucky Kat Studio introduces Takibi: A gaming protocol that helps builders develop games.
💰 Cetus announced new fee tiers.
📑 Karrier One's whitepaper has been updated.
💊 BLUB x Anima Capsule snapshot dropped this week.
🐶 FUD Swap is live: Users can now buy FUD from fudthepug.com.
🏙️ SuiCityP2E is now live on Telegram.
📘 DEEP Token is now live on the NAVI Protocol.
🤝 Quick Node now supports Sui.
👾 Ambrus Studio announced the launch of E4C: Final Salvation.
🤑 SuiNS introduces a governance proposal to switch to static USD pricing and support $NS for discounted mints and renewals.
📣 Walrus Protocol opens submissions for becoming a node operator.
🎒 Backpack Wallet and Exchange are adding Sui support.
🤖 DoubleUp announces groundbreaking HUMAN vs. AI prediction markets, launching this December.
🪙 Crypto Check-in
💸 The crypto market saw a sharp decline earlier this week. Bitcoin recently hit the exciting milestone of $100K, but following this surge, the price experienced a dip. The drop contributed to $1.5 billion in liquidations.
🗣️ Speaking to CNBC in Abu Dhabi, Eric Trump believes the U.S. can become a crypto superpower with clear and sensible regulations. He emphasized the need for a transparent roadmap for crypto guidelines.
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