sui

According to Financewire, blockchain financial infrastructure company tZERO Group announced a strategic partnership with the Sui blockchain to directly integrate the Sui network, providing issuance, transfer agency, custody, trading, compliance, and settlement support for regulated digital asset securities.This integration will allow Sui to access tZERO's regulated trading, custody, and issuance framework in the United States, supporting the development of institutional-grade tokenization projects; at the same time, tZERO will also engage with developers, builders, and decentralized finance projects within the Sui ecosystem. tZERO stated that Sui's object-centric architecture and high-performance network will help drive the development of the next generation of on-chain regulated financial applications.

Former Hack VC partner and platform head [Hsin-Ju](https://www.rootdata.com/zh/member/Hsin-Ju C.?k=MTUzMjc=) stated that he decided to refuse a settlement agreement that required him to remain silent, preferring to accept a $0 compensation, and has fired his lawyer. He plans to publicly disclose all evidence from his time at Hack VC on August 26 (Wednesday). Hsin-Ju mentioned that he has worked in the crypto industry for 9 years, having been employed at Stellar, Solana, and Fhenix, and that last year during his time at Hack VC, he repeatedly requested to leave due to severe medical emergencies (including Graves' disease, hyperthyroidism, and severe insomnia). However, he was threatened by partners that if he left before completing relevant meetings, he would be blacklisted in the industry, forcing him to work continuously under extreme pressure, which ultimately led to a suicide attempt.Hsin-Ju stated that after the suicide attempt, he expressed in writing that he had no intention to sue and only wished to leave without retaliation. However, Hack VC subsequently had issues with his COBRA health insurance for nearly 4 months, which were only resolved after a lawyer intervened. During the legal process, they continued to attempt to harm his interests through lawyers and employees. Currently, both parties' lawyers are prepared for private mediation and settlement, but he is unwilling to exchange silence for money and chooses to speak out. Hsin-Ju emphasized that he performed well during his employment, having received raises and bonuses, and that the lawsuit is not about money, fully aware that he may face adverse consequences when confronting an institution of $600-700 million scale.Hack VC responded that they are aware of the former employee's statement and express deep concern for his health, but there are significant differences in understanding of the events, and they are currently unwilling to publicly discuss details to respect his privacy.

Phantom and Sui have decided to stop supporting Sui on Phantom on September 24 and will keep the possibility of exploring other collaborations in the future.Before September 24, users can migrate their wallets to other applications that support Sui, or exchange Sui for other assets supported on Phantom, and Phantom will waive the fees.

Tron founder Justin Sun stated that his lawsuit against World Liberty Financial (@worldlibertyfi) superficially involves a commercial dispute of $45 million and 4 billion tokens, but fundamentally concerns the founding principles of blockchain. He pointed out that the industry is built on the principle of "your keys, your coins," meaning that everyone can truly own their assets without permission.Justin Sun indicated that the case exposes the other party's secret embedding of the power to arbitrarily freeze user assets in the contract, which was not disclosed, lacked governance, and lacked procedures, and was exercised within days of unlocking their tokens. He believes this contradicts the name of "freedom"; if the issuer can confiscate holders' assets at any time, blockchain will be no different from the old world. He will pursue the lawsuit to the end, not only to recover assets but also to establish a precedent in court that "your assets must truly belong to you."

Sui posted on platform X that AftermathFi perpetual contract V2 has been launched, utilizing a restructured perpetual contract engine, and has released two audit reports. Currently, 15 markets are open.

According to Axios, payment giant Stripe stated in a letter to investors that January 1 marks "the beginning of a singularity," viewing it as a significant turning point in a long-term trend, and believes that maintaining a private structure is best suited for this critical moment, with the IPO likely to remain on hold. The company reported a 41% year-on-year revenue growth in the first half of the year and a 43% increase in free cash flow; 88% of the companies in Forbes AI 50 (including OpenAI and Anthropic) are building on its platform, with revenue from AI and crypto companies more than doubling year-on-year.Stripe also confirmed the acquisition of the AI routing platform OpenRouter, with the transaction amount not publicly disclosed; Axios learned that the amount exceeds $8 billion and is primarily paid in stock. Stripe stated that remaining private helps advance mergers and acquisitions and long-term investments without diluting shareholders, with its equity count now lower than three years ago, and a compound annual return of about 31% since the D round. The company stated that the total payment volume on its platform is expected to reach $1.9 trillion by 2025, a year-on-year growth of 34%; in February this year, the employee stock purchase valuation was approximately $159 billion. There are also reports that Stripe is in discussions with Advent International to acquire PayPal for about $53 billion.

Marvell Technology submitted documents to the U.S. SEC disclosing that the company has expanded its custom semiconductor collaboration with Google. The two parties signed a commercial agreement on July 29, covering AI inference accelerators, storage controllers, network interface controllers, memory interface controllers, and near-memory computing products related to the Google TPU ecosystem.As part of the collaboration, Marvell issued warrants to Google, allowing it to purchase up to approximately 58.97 million shares of the company's common stock at a price of $206.58 per share, with a total exercise value of about $12.2 billion. Approximately 1.36 million shares will vest over the first year, while the remaining shares will vest in batches based on Google's future revenue from custom product purchases (one batch for every $500 million in revenue), lasting until the fiscal year 2033, corresponding to a potential cumulative revenue cap of about $120 billion. Following the announcement, Marvell's stock price surged over 11%, while competitor Broadcom's stock price fell. Analysts believe this move strengthens Marvell's position in the custom chip sector for hyperscale cloud vendors.

According to Forbes, blockchain pioneers Scott Stornetta and Stuart Haber have joined the prediction market platform SafeBets as advisors. The platform allows users to make predictions without investing real money, using free points instead, with correct predictions earning Unicoin token rewards. SafeBets positions its business as "market research" rather than betting, distinguishing itself from competitors like Polymarket and Kalshi, which face legal risks.SafeBets Executive Director J. Tennyson Singer stated that the platform's long-term plan is to monetize users' collective prediction data by providing trading signals to affiliated brokerage firms, and it has already attracted thousands of participants for the World Cup events, with plans to expand into political prediction areas such as the U.S. elections.According to Unicoin Inc.'s quarterly report submitted to the SEC, SafeBets is wholly owned by Unicoin CEO Alex Konanykhin. Unicoin has been facing an SEC lawsuit since May 2025, accused of inflating fundraising amounts in token sales and falsely advertising its "SEC registered" status. Unicoin claims that the allegations are "baseless" and will actively defend itself. The Unicoin tokens awarded to users come from this litigated entity. Unicoin is currently conducting equity financing at a price of 25 cents per share, targeting $20 million.

According to Business Wire, Citi Investor Services has launched Custody+, a modular solution designed for near real-time and real-time custody needs, aimed at adapting to the operational demands brought about by continuous trading markets, settlement cycle compression, and technological changes.Citi stated that its U.S. market has completed the deployment of patented Single Event Processing (SEP) technology, with over 80% of the total events processed in real time.

The Sui ecosystem lending protocol NAVI Protocol has announced the launch of NAVI Prime. This product is a new lending framework designed for funds with higher demands for clarity, transparency, and control, deployed on the Sui network.NAVI Protocol stated that NAVI Prime aims to provide a more comprehensive lending infrastructure for institutions and professional capital, emphasizing transparency and controllability in fund management. Relevant details are further explained through the official thread.

Chainalysis Government Solutions has sued the U.S. government in the U.S. Court of Federal Claims over an exclusive contract. Chainalysis claims that the Department of Homeland Security/Immigration and Customs Enforcement (DHS/ICE) bypassed the normal competitive process and directly awarded the work to TRM Labs. They are requesting the court to stop this action.TRM Labs has joined the lawsuit as an intervenor, defending the award of the contract, with oral arguments scheduled for September 2. The U.S. Court of Federal Claims is responsible for hearing nationwide claims against the U.S. government, typically involving contract disputes and bid protests. Both Chainalysis and TRM Labs sell blockchain analysis tools for government agencies to track cryptocurrency transactions, and they are now competing for government business in court.

The head of Robinhood's crypto department, Johann Kerbrat, recently accepted an interview on threadguy's podcast.In the interview, Kerbrat stated: "Compared to other blockchains, one of our key differences is that we only launched the chain, not a token. For us, the blockchain is a pure technology, the infrastructure that supports all our new businesses. We do not need to constantly adjust our strategic priorities to maintain the rise or stability of token prices. This avoids significant disruptions and is a huge advantage for us."

According to Talking Biz News citing Courthouse News Service, The Wall Street Journal requested a federal judge on Wednesday afternoon to dismiss the defamation lawsuit filed by Binance. The lawsuit targets the newspaper's reports regarding Binance covering up internal investigations, obstructing compliance, and allowing sanctioned entities to trade.In the motion to dismiss, The Wall Street Journal stated that Binance's complaint from March 2026 failed to prove actual malice at the time the relevant reports were published. Binance claimed that the reports were false because it had issued a denial statement to the newspaper, but the newspaper argued that merely repeating a self-defensive denial is insufficient to constitute a defamation claim. During the hearing, The Wall Street Journal's lawyer pointed out that Binance did not deny the core content of the three reports.

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against companies such as Adit Ventures Management, accusing them of defrauding investors and client funds in stock investments prior to the IPOs of SpaceX and Klarna.com.

According to Sui monitoring, since the Hashi test network went live three weeks ago, it has processed over 1.1 million deposits and 165,000 withdrawals.In the past two weeks, over 50% of Bitcoin Signet transactions came from Hashi test activities.

Sui posted on platform X, stating that Tessera provides a closed invoice settlement network for enterprises, and participating enterprises can join after passing KYC verification. The blockchain will display the payer, payee, and payment time, with the settlement amount shown as ▦▦▦.

Sui posted on platform X, stating that institutions will not choose to settle on infrastructure where competitors can see pricing and trading volume. The public amounts on most blockchains have been a barrier to actual commercial settlements.Mysten launched a new prototype that addresses the issue of amount privacy. This prototype is built on Seal MPC and confidential transfers.

According to Cointelegraph, Nansen's CEO Alex Svanevik stated in a recent interview that Robinhood is unlikely to launch a token, as this could create competition with its publicly traded stock HOOD.Alex Svanevik pointed out that the Layer 2 network currently launched by Robinhood is already operating based on the Ethereum ecosystem and has a Gas token for paying network fees, so there is no need to issue an additional platform token. He believes that the core purpose of Robinhood's layout of blockchain infrastructure is to enhance product capabilities using blockchain technology, rather than financing through token issuance or building a new economic model.Previously, the market speculated that Robinhood might follow some crypto projects to launch an ecosystem token, but it seems that the company is more likely to use blockchain as an underlying technological tool rather than building a business system around tokens.