Cointime

Cointime

Download App
iOS & Android

Sui’s Co-founder Rejects Rumors of Airdrop; BitKeep’s SUIBG May Be Your Only Chance for Early SUI Airdrops

Cointime Official

April 11 (Cointime) - Adeniyi Abiodun, the founder of Mysten Labs, the development team behind Sui, responded to user questions on Twitter and explicitly stated that there are no plans for a Sui airdrop in the future. However, early Sui token holders can still participate in the $SUIBG futures airdrop launched by BitKeep to obtain benefits.

$SUIBG (SUI Futures Token) is a futures token jointly launched by Web3 multi-chain wallet BitKeep and cryptocurrency exchange Bitget, serving as the exchange certificate for the native token $SUI after the launch of the Sui Network mainnet in the future. Since its launch in mid-March, the $SUIBG airdrop campaign has been carried out on the BitKeep wallet and Bitget exchange platform, where users can participate in red packet airdrops, $ARBK user airdrops, trading mining, invite-a-friend activities on BitKeep, or join the $SUIBG carnival on Bitget to receive $SUIBG. Regarding the rules for future $SUI exchange, BitKeep states that only $SUIBG obtained through official channels mentioned above can be exchanged for $SUI, and $SUIBG obtained through other channels are not eligible for exchange.

Airdrop BitKeep
Comments

All Comments

Recommended for you

  • El Salvador Launches Bitcoin-Based Financing for New Airport Hotel

    El Salvador has launched the announcement of Bitcoin financing for the vacation hotel at San Salvador International Airport, with a target financing goal of $6.25 million. The funds will be used to build a five-story facility covering 4,484 square meters, with 80 guest rooms, commercial space, swimming pool, and other facilities. The hotel is located inside the airport, making it the only hotel service provider in the area. The minimum investment amount for this investment opportunity is $1,000, with 6,250 tokens available for selection, each token paying a 10% annual yield every six months. The project is supervised by Inversiones Laguardia SA de CV and promoted through Bitfinex Securities.

  • US Bitcoin ETF holds nearly $60 billion worth of BTC

    As monitored by HODL15Capital, the value of Bitcoin held by US Bitcoin ETFs is currently close to $60 billion. This week, a total of 2,667 Bitcoins were purchased. Grayscale GBTC is the only ETF with net outflows.

  • Sonne Finance: This attack was a donation attack. We are investigating the attacker and have suspended the market.

    Sonne Finance released an attack analysis report. This was a donation attack. Sonne had avoided this problem in the past by adding a collateral factor of 0% to the market, adding collateral and then destroying it, and only then increasing c-factors according to the proposal. Sonne recently passed a proposal to add the VELO market to Sonne. This transaction was arranged on a multi-signature wallet, and c-factors were arranged to be executed within 2 days due to the time lock. When the 2-day time lock for creating the market ended, the attacker executed 4 of the transactions and then executed the transaction to add c-factors to the market. The attacker was able to use the protocol to obtain approximately $20 million in funds through a known donation attack. Seal contributors quickly noticed this issue and reserved approximately $6.5 million by adding VELO worth approximately $100 to the market. Sonne is investigating the attacker and has suspended the market to mitigate further losses. Sonne is prepared to offer a bounty to the attacker and promises not to pursue the issue further if the attacker returns the funds.

  • Sonne Finance confirms attack, but still has about $6.5 million in funds

    On May 15th, Sonne Finance announced that its Optimism protocol had suffered a known donation attack, resulting in a loss of approximately $20 million. The attack exploited a vulnerability in the newly launched market and within two days of its creation, the attacker used a multi-signature wallet and time-lock function to execute critical transactions, successfully manipulating the market's collateral factors (c-factors). Despite Sonne's team quickly organizing a response to the attack and suspending the market within 25 minutes of discovering the issue to minimize further losses, approximately $6.5 million in funds were still retained. Sonne's team is working hard to track down the identity of the attacker and has offered a bounty to the attacker in the hopes of returning the funds to avoid further investigation. At the same time, Sonne's team sincerely apologizes for this incident and is reaching out to all possible partners to try to recover the funds.

  • Huobi HK’s application for a Hong Kong virtual asset trading platform license was withdrawn on May 14

    On May 15th, according to updated data on the official website of the Hong Kong Securities and Futures Commission, Huobi HK's application for a virtual asset trading platform license submitted to the Hong Kong Securities and Futures Commission was withdrawn on May 14th.

  • A bill protecting Bitcoin rights has been signed into law in Oklahoma

    A bill protecting basic Bitcoin rights has been signed into law in Oklahoma. Oklahoma will now defend the rights to self-custody, consume Bitcoin and digital assets, and operate nodes for mining Bitcoin. It will also prohibit additional taxation when Bitcoin and digital assets are used as a payment method.

  • Fed's Schmid: Low interest rate environment "may not necessarily" return

    The Federal Reserve's Schmid said that the overall economy is still strong. Inflation is still too high, and the Federal Reserve has more work to do. Interest rates may remain high for a period of time, and I prefer to reduce the Federal Reserve's balance sheet as much as possible under the premise of compliance with the operating framework. The low interest rate environment may "not necessarily" return.

  • a16z partner: Americans have accepted digital assets, but current regulatory approaches limit innovation and privacy

    Web3 supporter and a16z partner Chris Dixon (cdixon.eth) posted on social media that in the next two weeks, the House of Representatives will vote on the most important crypto legislation to date, the "21st Century Financial Innovation and Technology Act" (FIT21). We have long called for clear regulation to protect consumers and innovation, and the FIT21 bill will achieve this.

  • Sei Network: The Mainnet Beta Version Pacific-1 Is Now Released, and the Airdrop Is Open for Collection

    The Sei Network public chain announced on Twitter that the Sei mainnet test version Pacific-1 has been released and the airdrop is open for collection. Users can check their eligibility and participate in the cross-chain airdrop and Atlantic contributor rewards on the airdrop application page. It should be noted that users need to update their Compass wallet to the latest version 0.7.9, as versions 0.7.8 and below will not be able to receive tokens.

  • Blockchain Capital Twitter Account Suspectedly Hacked and Promoted Fake Token Airdrops

    The Twitter account of the cryptocurrency investment company Blockchain Capital was apparently hacked and promoted a false BCAP token free airdrop activity. Blockchain Capital's account posted several posts promising to give away "BCAP" tokens and directed users to a counterfeit website that imitated the VC company's original appearance.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company