BitGo Raises $100 Million in Funding, Valuation Reaches $1.75 Billion

The startup's valuation now stands at $1.75 billion. The company did not disclose investors in the latest round. Cryptocurrency custodial service BitGo was able to secure $100 million in investment in its latest funding round, Bloomberg reported. The firm did ...

Mysten Labs Launches Sui Blockchain Network for Decentralized Applications

Mysten Labs has announced the launch of the main tier 1 network of the Sui. Soon Sui will be added to major cryptocurrency exchanges, including Binance, OKX and Kucoin. Sui is a scalable blockchain designed to host decentralized ap ...

Mysten Labs Denies Plans for Free Distribution of Tokens for Sui Blockchain Project

Mysten Labs, the company behind the development of the Sui blockchain project, has made it clear that there will be no free distribution of tokens. The co-founder of the company, Adeniyi Abiodun, took to Twitter to dismiss rumors of an impending airdrop and stated that there will never be one. ...

Mysten Labs to Buy Back Shares and Warrants for SUI Tokens from FTX

Thank you for providing this news update. It seems that Mysten Labs, a blockchain startup, is in the process of buying back its shares and warrants from FTX, a cryptocurrency exchange that is currently undergoing bankruptcy proceedings. Under the proposed agreement, Mysten Labs would buy back app ...