SUI, developed by Mysten Labs, introduced the Seal MPC prototype on its testnet, a programmable wallet system that allows AI agents to propose transactions securely without ever accessing full private keys. The system uses multi-party computation and decentralized key management to split cryptographic authority, enforcing spending rules via Move smart contracts. This innovation aims to enable safe AI-driven payments and agentic commerce, with a mainnet launch expected around June 18, 2026. For investors, this development could increase network use and demand for the SUI token, though the product remains in testing and requires further security validation before real-world use.
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
The CoinDesk 20 index declined by 0.9%, driven down by Internet Computer (ICP) falling 4.1% and Sui (SUI) dropping 4%. Meanwhile, Stellar (XLM) surged 10%, standing out as the top gainer among the 20 assets. The index reflects a broad range of crypto...
Shiba Inu (SHIB) is currently ranked 29th on CoinMarketCap with a market cap of $2.93 billion but may rise significantly due to a potential "mean reversion" trading pattern. This pattern suggests that after a deep price decline, SHIB could experience...
Avalanche's market sentiment has shifted from bullish to bearish due to rising concerns about developer activity, user growth, and competition from faster-growing layer-1 networks like Solana and Sui. Despite this, AVAX remains one of the top trendin...
