ChainCatcher news, according to Venturebeat. Reportedly, Web3 game developer M10 has completed a $3 million seed round financing, with investors including Sui Foundation, GSR, Big Brain Holdings, Monoceros, Blockchain Founders Fund, and Presto Labs.The company aims to address the core issues in the free-to-play game model, particularly the overly aggressive monetization methods. M10 is developing a competitive multiplayer shooter that creates new gaming business models through blockchain technology, allowing players to create and monetize their own value. The developer team members come from AAA game projects such as Assassin's Creed, Red Dead Redemption 2, and GTA V.

ChainCatcher news, the Sui Foundation has announced the launch of the Sui NS program, which aims to promote impactful development, strengthen community collaboration, and drive ecological development through direct funding for projects that meet the needs of the Sui ecosystem and the growth of Sui NS.Currently, the application channel for the Sui NS RFP program is open, and developers can submit their proposals. The application deadline is March 18, 2025, at 15:59 (UTC +8). After submission, the RFP committee will screen candidates and vote on the proposals that will receive funding. Selected developers must sign a funding agreement outlining the project's milestones, deliverables, and timelines, and develop according to the plan. Additionally, to maintain transparency and accountability, selected developers must undergo an identity verification process.It is reported that Sui NS aims to provide users with a simple and easily recognizable identity that can be used within the Sui ecosystem, promoting more personalized and feature-rich interactions, further enhancing user experience and application functionality. The RFP (Request for Proposals) program aims to accelerate innovation in the Sui ecosystem, with each RFP defining a specific area of focus, encouraging developers to propose solutions and utilize funding to build these solutions.

ChainCatcher news, the chain abstraction meme coin launch platform Printr has completed a $2.5 million pre-seed funding round, with participation from Sfermion, Draper Dragon, Bitscale, Hermeneutic, Sui Foundation, Axelar Foundation, and Flow Foundation. The company plans to use the funds to expand its team, develop products, and more.Printr allows users to issue memecoins on various blockchains such as Ethereum, Solana, Sui, BNB, and Base, and unifies liquidity through the interoperability platform Axelar.

ChainCatcher news, the on-chain game ecosystem SEED has received strategic investment from the Sui Foundation. The focus of this collaboration is to build the next-generation on-chain game ecosystem that combines sustainability, scalability, and innovation.SEED has transitioned from a Telegram mini-program to an on-chain game ecosystem based on mass messaging services. With the help of VR, AI, and true on-chain logic, the next version of SEED will offer an immersive gaming experience connected to the blockchain.

ChainCatcher news, the Sui Foundation Hydropower Accelerator Program announced 12 winning projects, including the DeFi aggregator 7k, the peer-to-peer advertising network AdToken, the stablecoin-based fintech operating system CryptoMate, the digital rewards platform Gifted, the DeFi analytics and insights platform InsiDeX, the decentralized market maker and high-frequency trading infrastructure Lotus Finance, the liquidity layer Nativerse, the yield trading platform Nemo Protocol, the DePIN project Pomerene, the tokenization and financing platform Printr, the media Protocol Media Labs, and a project currently under confidentiality.Winning projects will have the opportunity to gain in-depth knowledge of Sui, meet with other developers, receive mentorship, learn from experts in the Web3 field, and gain practical support from the Sui Foundation.

ChainCatcher news, according to official sources, the Sui Foundation has appointed former Meta executive Christian Thompson as its new Managing Director.Christian Thompson was previously an early member of the Libra/Diem project. Before joining Meta, he founded Knowledge Preserve and OnDetail, and served in various law enforcement agencies for nearly a decade. In the financial sector, he founded The Capital Quorum and co-founded the Capitola Public Safety and Community Service Foundation.

ChainCatcher news, former SUI Foundation Managing Director Greg Siourounis has been appointed as the Global Co-Founder and CEO of xMoney, driving stablecoin and payment projects in compliance with MiCA (Markets in Crypto-Assets Regulation).The launch of xMoney Global aims to provide next-generation blockchain-as-a-service modules based on its native stablecoin, with core white-label services including acquiring, issuing, fiat and cryptocurrency deposits/withdrawals, as well as a highly engaging loyalty program supported by MultiversX sharding technology.

ChainCatcher news, the public chain project Sui Network stated on the X platform that in response to the accusation of "Sui insiders selling $400 million worth of tokens during this surge," the Sui Foundation would like to directly address this individual:During this period, no insiders, foundation, or employees of Mysten Labs (including the founders of Mysten Labs) or ML investors sold $400 million worth of tokens individually or collectively. Insiders did not participate in any preemptive sales or violate lock-up periods and circulation supply plans.Although the poster did not provide a wallet address, we believe the possible owner of the wallet is an infrastructure partner who holds tokens according to the lock-up period. All token lock-up periods are enforced by qualified custodians and continuously monitored by the Sui Foundation, and this partner complies with the regulations.

ChainCatcher news, the lending protocol Scallop within the ecosystem has announced that it has received investment from the Sui Foundation.As the fastest-growing public chain in this cycle, this investment solidifies Scallop's leading position within the Sui ecosystem and will help it grow, enabling it to bring more features and functionalities to the ecosystem.

ChainCatcher message, the Sui Foundation announced on the X platform that it has chosen Coinbase Prime to provide custody and fund management services. Starting this week, community funds will be jointly custodied by BitGo and Coinbase.

ChainCatcher news, according to Alexablockchain, the SocialFi platform RECRD announced the completion of a $4 million financing round, led by the Sui Foundation, with participation from DNA Fund, Alphabit Fund, and angel investors including Netflix co-founder Mitch Lowe and former NBA player Mitch Richmond.ECRD allows creators and users to convert their content into NFTs and achieve instant monetization through dynamic video interactions.

ChainCatcher news, according to the Sui Foundation announcement, the Sui Bridge testnet is now live, along with an incentive program. Sui Bridge is a native bridge built for cross-chain assets and data between Sui, allowing cross-chain ETH, wBTC, USDC, and USDT between Ethereum and Sui. A total of 100,000 SUI will be distributed on the mainnet to addresses that help test the Sui Bridge.

ChainCatcher news, Sui ecosystem game XOCIETY developer NDUS Interactive announced the completion of a $7.5 million Series A funding round, led by Hashed and the Sui Foundation, with participation from Spartan, Neoclassic, Big Brain Holdings, and PUBG game publisher Krafton.

ChainCatcher news, the Sui Foundation has partnered with the Sui ecosystem liquidity protocol Cetus and the Sui liquid staking protocol Aftermath Finance to launch a new incubator, which will provide an initial investment of 2 million USD to project teams accepted by the incubator, and commit to further investments as a number of high-quality teams and projects emerge. The first project currently being incubated is a governance platform, DAO tools, and multi-signature solutions.

ChainCatcher news, the Sui Foundation announced that the Sui mainnet one-year unlock was completed on May 3. The Sui Foundation is working with partners to ensure that all SUI tracking websites accurately reflect the unlock release data for May.

According to ChainCatcher news, the Sui Foundation announced the grant recipients for January and February of this year, with a total of 12 projects selected, which are:Mofa Labs: An open-source SDK developed using the Dart programming language, supporting cross-platform application development;ZeroAuth: Provides a multi-platform SDK, making it easy for developers to integrate zkLogin into their products;MoveBit: A Web IDE that supports development within the Move ecosystem;Venture23: Systematically organizes Kiosk data, supporting the growth and usage of Sui Kiosk;Nimbus: A personalized portfolio tracker that provides Sui users with asset and DeFi configuration tracking;SuiMove Linter: A linter tool designed specifically for Move source code, helping application builders analyze errors;Turbos Finance: Key features that enhance the experience of liquidity providers;Suilette: A decentralized lottery protocol that supports Sui community services and prize pools;Anti-Cheat System by FranklinDAO Research: Utilizes self-learning technology to prevent cheating in games;Reclaim: Makes HTTPS traffic verifiable through zero-knowledge proofs, providing new data privacy protection application scenarios;FRNZY: A peer-to-peer physical goods interactive shopping marketplace that allows users to initiate auctions;Interverse: Helps game developers establish in-game markets, supporting players in purchasing game assets from the Web3 marketplace.

ChainCatcher news, the DEX and liquidity protocol Cetus based on Sui and Aptos announced on platform X that it has received a strategic investment from the Sui Foundation. The specific amount has not been disclosed.

ChainCatcher news, according to CoinDesk, the Sui Foundation announced a partnership with the off-chain data oracle Stork. The collaboration aims to enhance the speed and accessibility of obtaining unique indices and marked prices for traders and builders. Stork will provide real-time pricing data to application developers, DEXs, and lending protocols based on the Sui blockchain.