Hashi's coalition, consisting of over 20 partners, has committed more than $500 million to support the Sui-based protocol as it prepares for a phased mainnet rollout planned for later in October. Users send Bitcoin to addresses managed by Hashi, which then creates a BTC representation on the Sui blockchain for use in applications, while the actual Bitcoin remains on its original blockchain secured by a multi-operator key system. This rollout follows a testnet phase and partner buildup, with no exact mainnet launch date announced yet. Additionally, an Alibaba Cloud cooperation will allow users to set budgets for AI agents to purchase cloud and AI capacity through Sui Agent Payments, though no launch date or usage figures were provided for this service.
Regarding Hashi Coalition's $500 million commitment to the Sui rollout, here is Pluang's market snapshot as of Oct 17, 2026 22:31 WIB: Out of 50 major cryptocurrencies priced on Pluang, 7 rose and 42 fell today. Notable price changes include ONE (Harmony) at Rp26 with a -4.15% change, ENJ (Enjin Coin) at Rp513 with a -4.03% change, and COTI at Rp198 with a -4.01% change. The most notable figure is the 52% sell order activity on ONE (Harmony).
Ascendis Pharma announced that the European Medicines Agency's CHMP has given a positive opinion for TransCon CNP (Navepegritid), a once-weekly treatment for achondroplasia in children aged 2 and above with open growth plates. This recommendation sup...
Ascendis Pharma announced that the European Medicines Agency's CHMP has issued a positive opinion recommending approval of TransCon CNP (navepegritide), a once-weekly treatment for achondroplasia in children aged two and older with open growth plates...
Morgan Stanley reports a 32-gigawatt electricity deficit for US data centers through 2028, a 34% shortfall even after alternative power sources. This power gap threatens AI growth as data centers need constant energy to operate. Tech analyst James Al...
Arthur Hayes, CIO of Maelstrom and co-founder of BitMEX, revealed that his fund trades altcoins primarily to generate profits for purchasing additional Bitcoin. He expressed disappointment with altcoins' performance in recent years but continues to f...
RenaissanceRe Holdings (RNR), a major reinsurance company, reported a strong underwriting performance with a combined ratio of 72.8% and solid net income, benefiting both common and preferred shareholders. The company aggressively repurchased shares,...
