
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.

To Watch This Week
AIRDROPS + ALPHADec 18, 2024
DeFi
Bitcoin Restaking Comes to Sui with SatLayer Integration
SatLayer, a Bitcoin restaking platform, announced Wednesday it’s extending Bitcoin’s use in decentralized finance to Sui, the speedy layer-1 blockchain launched last year. With Sui’s focus on fast transaction speeds, SatLayer’s integration will enable developers to leverage Bitcoin’s $2.1 trillion footprint in building DeFi applications, which aim to exclude third parties from transactions in areas like trading and lending, SatLayer said in a statement. Sui’s network is already home to a budding...
Nov 24, 2024
Gaming
This Week in Crypto Games: 'FIFA Rivals' Announced, 'MemeFi' Airdrop, and 'Pac-Man' NFTs
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tid...
Nov 22, 2024
Gaming
Everything You Need to Know About the ‘MemeFi’ Telegram Game Airdrop
Telegram tap-to-earn game MemeFi is preparing for its token launch, after the fighting game attracted millions of players vying for a chunk of its future airdrop. On Friday, November 22 at 8am ET (1pm UTC), the MEMEFI token is set to launch on the Sui network. This comes after the project hopped to the network from Ethereum layer-2 Linea last month. The promised airdrop claim will take place once the token is generated. Airdrop token allocations were revealed last Saturday, with 2.5 million susp...
Nov 21, 2024
Coins
Sui Price Down Following Network’s First Major Outage
Sui, a layer-1 blockchain built by Mysten Labs, experienced its first major outage Thursday, as the network failed to process transactions for around two hours. The outage was caused by a “bug in transaction scheduling logic that caused validators to crash,” Sui’s official account explained on Twitter (aka X). A patch for the issue has since been rolled out, Sui added, which was quickly adopted by the network’s community of validators. Since the network went live in May 2023, Sui had experienced...
Nov 13, 2024
Gaming
‘MemeFi’ Telegram Game Boosts Sui Airdrop Rewards Ahead of Snapshot
Telegram tap-to-earn game MemeFi is gearing up to launch its token after multiple delays and a shift to the Sui network. With two days left before the game takes a snapshot of player activity to determine token allocations, the developers have announced a last-chance opportunity for players to juice their share of the drop. Ahead of the snapshot on Friday, November 15, MemeFi players can earn triple the rewards from partnered earning campaigns within the game. That includes tasks like playing ga...
Nov 10, 2024
Gaming
This Week in Crypto Games: 'MemeFi' Token Delay, 'Tomarket' Reverses Airdrop Bans
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tid...
Nov 6, 2024
Gaming
'MemeFi' Telegram Game Delays Sui Token Launch and Airdrop
Telegram tap-to-earn combat game MemeFi has delayed its airdrop date yet again, pushing back its final snapshot of player activity as the team prepares for the Sui token launch. In a Telegram community post, the game’s team blamed remaining work to be completed for the token listing on the “developer and legal side.” This is the second formal delay for the token launch, which was originally dated for October 9 and later moved to November 12. MemeFi is a tap-to-earn game that sees players fight a...
Nov 4, 2024
Gaming
What Is 'MemeFi'? The Telegram Tap-to-Earn Game and Sui Airdrop Details
When it comes to tap-to-earn games on Telegram, finding any kind of originality isn’t easy. But MemeFi actually puts a unique twist on the formula. It is essentially the same at its core as many other Telegram games, in that you tap on the screen to earn virtual currency. However, this time there is more of a point, as every time you tap you take a small amount of health off the meme-inspired boss you have to take down. There’s the usual suspects you would expect to tap on, with versions of Pep...
Oct 30, 2024
Gaming
'Samurai Shodown R' Launching on Sui Network and SuiPlay0X1 Handheld
A genre-twisting revival of SNK’s classic Samurai Shodown fighting game franchise will be launching on the upcoming SuiPlay0X1 gaming device, the creators of the Sui blockchain, Mysten Labs, announced on Wednesday. The crypto handheld console aims to rival Valve’s Steam Deck by playing PC and crypto games, and is set for release in 2025. Samurai Shodown was first launched in 1993 and spawned numerous fighting game entries, with a 2019 reboot more recently renewing the franchise in the minds of g...
Oct 28, 2024
NFTs
Major League Soccer Launches ‘MLS Quest’ Collectibles on Sui
Major League Soccer launched a new NFT collectibles platform called MLS Quest on the Sui network Monday, in a team-up with crypto startup Sweet. The free-to-play experience lets soccer fans search for Key Play of the Game Medallions at online and physical pick-up zones across North America, including at real-life MLS matches. Once claimed, the digital medallions will reveal highlights from past and present MLS matches. Fans who collect all four medallions from a single match will complete a "que...
Oct 25, 2024
Gaming
'MemeFi' Telegram Game Reveals Airdrop Date Amid Move From Ethereum to Sui
Just weeks before its token launch and airdrop, the developers of popular Telegram tap-to-earn combat game MemeFi have announced a shift to the Sui network, along with other details around the upcoming token launch. MemeFi was previously being built on Ethereum layer-2 scaling network Linea, but the team said Friday that the game's token will launch on layer-1 network Sui instead. The developers said they’ve teamed up with Sui network creator Mysten Labs on strategic initiatives around the launc...
Oct 15, 2024
Coins
Sui Refutes $400 Million Insider Trading Allegations Following Rapid Token Rise
Sui, a layer-1 blockchain, pushed back on Monday against accusations that insiders had offloaded $400 million worth of SUI tokens during a recent price surge. The allegations stem from claims that insiders, including a wallet tied to the foundation, profited from the rapid price increase last month. In response, Sui issued a statement via Twitter, denying the accusations and clarifying that no insiders—including Foundation employees, Mysten Labs (Sui’s core development team), or its investors—ha...
Oct 11, 2024
NFTs
DeLorean, Christopher Lloyd Reunite for Time Capsule Digital Collectibles
“Back to the Future” star Christopher Lloyd has reunited with DeLorean, the manufacturer of the film’s iconic car, for the new Time Capsule series of digital collectibles. The collection celebrates “DeLorean’s introduction to the digital age,” said DeLorean Labs president Evan Kuhn in a statement shared with Decrypt. He added that, “Being DeLorean has been about futurism and counterculture. It allows us to get creative and move in such a way that other automotive brands can’t.” A Time Capsule p...
Oct 9, 2024
DeFi
Sui DeFi Platform DeepBook Reveals DEEP Token Launch Plans
Sui, a blockchain developed by former Facebook engineers and launched last year, has been gaining traction in the decentralized finance space. One of the platform's emerging projects is now preparing to launch its token. DeepBook, a project built on Sui that has created DeFi’s answer to a central limit order book, announced Wednesday it will launch its long-awaited DEEP token on October 14. A central limit order book is what exchanges use to facilitate buying and selling between traders by recor...
Sep 30, 2024
Technology
Mysten Labs Unveils Decentralized Storage Protocol Walrus
Mysten Labs has taken the wraps off its decentralized storage and data availability protocol Walrus, at its Sui Builder House event in Singapore. "Recognizing the importance of data and the lack of storage innovation in recent years, Mysten has chosen decentralized storage as the next key area to tackle to make Web3 a reality," Janet Wu, Director of Product at Mysten Labs, told Decrypt. Just in from #BuilderHouse Singapore…Walrus will officially be an independent Delegated Proof-of-Stake Networ...
Sep 17, 2024
Business
MoviePass Continues Crypto Pivot With Sui Team-Up, USDC Integration
The Sui Foundation unveiled a partnership with MoviePass on Tuesday, with a team-up that will eventually let users of the layer-1 network pay for subscriptions to the cinema service using stablecoins. Meanwhile, the Sui Foundation, which is responsible for managing and developing the blockchain launched last year, said it was taking an “equity stake” in MoviePass. The partnership was announced at Token 2049, a crypto conference in Singapore. MoviePass was started in 2011, and the company rose to...
Sep 3, 2024
Games
SuiPlay0x1 Preview: Everything You Need to Know About the Crypto Gaming Handheld
Crypto games aren't going away—they're on the go! SuiPlay0x1 is an upcoming handheld device that will let you play crypto games, following in the footsteps of the Solana Saga smartphone as a network-branded device but with more of a gaming focus. Entering a market with competitors like the Steam Deck and Nintendo Switch, gaming startup Playtron is looking to shake up the game by bringing "seamless" Web3 functionality. More and more details are flooding in about the device, which is now set for...
Sep 3, 2024
Gaming
SuiPlay0x1 Crypto Gaming Handheld Price, Specs Revealed for 2025 Release
More details about the upcoming crypto gaming handheld console SuiPlay0x1 have been revealed by Playtron and Mysten Labs, the creators of the Sui blockchain. With this, pre-orders for the device have opened with the first to pay receiving an NFT reward. The SuiPlay0x1 aims to rival Valve’s Steam Deck as a powerful handheld gaming device that can run PC games as well as crypto games—a key difference between the devices. Currently priced at $599 (plus shipping and tax), the SuiPlay0x1 falls in bet...
Jul 10, 2024
Markets
These Alts Are Outpacing the Crypto Market Rebound
As the crypto market looks to recover from a treacherous couple of weeks, altcoins have seen a healthy rebound. Most notably, layer-1 network Sui has jumped 5.3% on the day to $0.72 while crypto lending protocol Aave climbed 4.5% to $86.60. This comes after significant selling pressure mounting on the market in recent weeks. The German government started to offload over $3.5 billion worth of Bitcoin seized as the result of criminal cases. During this, defunct exchange Mt. Gox has been preparing...
Jun 6, 2024
Gaming
‘Xociety’ Developer Raises $7.5 Million to Launch Sui Shooter Game
NDUS Interactive announced Thursday that it has raised $7.5 million in pre-Series A funding to bring third-person shooter game Xociety to life on the Sui blockchain. The funding round was led by Hashed and the Sui Foundation, with additional investment from Spartan, Neoclassic, Big Brain Holdings, and PUBG game publisher Krafton. "We are focusing on creating a sustainable player engagement model, moving away from the short-lived earning models seen in some Web3 games," said NDUS founder Jeffry K...
