Sui responds to allegations that it dumped staked tokens from the crypto exchange Binance
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The Sui Foundation was recently embroiled in a controversy after it was accused of dumping locked and non-circulating SUI tokens on the popular crypto exchange Binance. However, the foundation vehemently denied these allegations, saying that no such actions were taken. The Sui Foundation reassures its crypto community: no locked tokens were sold on Binance In a series of tweets on 27 June, the Sui Foundation responded to the allegations and clarified that none of the blocked or uncirculated tokens, including SUI staking rewards, were sold on Binance or any other platform. They stressed their commitment to comply with lock-up agreements
The team behind the Sui network and its native SUI token has taken to Twitter to deny allegations of selling locked staking rewards on Binance. Word on the street is that the team moved a huge amount of locked staking rewards and dumped them on Binance to cash in. Sui…
Cetus Protocol, a decentralized exchange on the Sui blockchain, is taking bold steps to recover stolen funds after experiencing a major hack. On Thursday, the platform lost over $223 million in crypto assets to a security breach. A recent X post revealed that Cetus has offered the hacker a massive…