TPT 🛡️

HASHI TESTNET IS NOW LIVE🔥 With this move, we’re one step closer to the global adoption of native bitcoin finance Powered by @SuiNetwork

Cetus has requested a community driven vote to recover the funds frozen following last week’s hack. In response, the Sui Foundation has released code for an onchain community vote. Sui validators can cast votes, and Sui holders can also vote directly through stake delegation. Sui Foundation stake will not be counted. If the community vote is approved, the funds will be recovered from the attacker and held in a multisig trust account until they can be returned to accounts who had positions in Cetus. The community vote is part of Cetus’s larger recovery plan to ensure all account holders are made whole, which includes use of Cetus’s treasury and obtaining a loan from Sui Foundation. While the validators cast votes, you, the Sui community, are represented by where your holdings are staked. You may change your stake delegation to a validator who voted in alignment with your preference. Validator votes will be displayed in public dashboards, which will be shared when the vote begins today at 1:00pm PT. See the blog post below for details, including code and participation information.

🚨 Dear Sui community, We are working diligently together with Inca Digital, security and analytics providers, and law enforcement officials across the world to recover the $60M worth of stolen funds. In parallel, we are asking the Sui community to support a protocol upgrade to recover the $162M of frozen funds and return them to their rightful owners. No one can make this decision unilaterally. We propose an on-chain vote involving the network’s major participants, including validators and SUI stakers, to decide on whether this upgrade is in the best interest of the Sui community. We want to recover and return the stolen funds, but we will respect whatever the community decides. Thank you for your patience. We will work closely with Sui validators and the Sui Foundation on the details of implementing our proposed vote. 🌊

This time on the Staking Defense Podcast we chat with @WalrusProtocol 🦭 -- a new decentralized storage product built on top of the @SuiNetwork. 👇Tap into learn how decentralized storage scales and the project's progress through testnet! open.spotify.com/episode/0QB…

We're thrilled to announce that we've raised $6M led by @robotventures! This funding fuels our mission to build Sui's DeFi Suite, a comprehensive lineup of products aimed at driving Sui DeFi forward 🧵

📣 After a successful Devnet, Walrus’ public Testnet is now live! 📣 The Testnet launch includes: ▪️ API endpoints that support deletable blobs for better data management ▪️ A dedicated explorer, built by @staketab, enabling quick and comprehensive data search ▪️ A full tokenomics ecosystem for WAL, including epoch management, staking, rewards, and a faucet for developers ▪️ A staking app built by @Mysten_Labs Testnet is a pivotal step in our mission to support any app, anywhere, with robust, resilient, and scalable data storage! 🫡