0xMedia Intern·Apr 28, 2025Key Takeaways Amid fierce competition among Layer 1 blockchains, Sei Network is steadily carving out its position with remarkable progress, both in terms of technical performance and strategic vision. From boasting one of the fastest transaction speeds in the market to bold moves like considering an acquisition of genetic testing firm 23andMe, Sei is rapidly […]
0xMedia Intern·Apr 28, 2025Key Insights Introduction The heightened activity in the prior bull market exposed some limitations in blockchain technology as networks experienced high gas fees and slow transaction speeds. However, in the recent bear market, new Layer-1 networks emerged with technological innovations that hoped to address these limitations. Sei was no exception, as Sei Labs created a Layer-1 network with the […]
0xMedia Intern·Apr 28, 2025Scallop Protocol, the leading lending and borrowing protocol on Sui Network, has raised a total of $3M through our Investment Rounds! We are also excited to share that we have just concluded our Q1 2024 Strategic Investment Round, co-led by CMS Holdings and 6th Man Ventures! The Q1 2024 Investment Round also featured participation from […]
0xMedia Intern·Apr 28, 2025Since our mainnet launch, Scallop has been at the forefront of reshaping the traditional paradigms of the money market. By offering support for multiple Sui assets including Liquid Staking Derivatives (LSDs) and innovative protocol design like our Trilinear Interest Rate Model, Scallop is proud to be the leading money market on Sui Network. Over the […]
0xMedia Intern·Apr 28, 2025By utilizing veSCA, SCA holders can gain access to the full potential of Scallop’s features, therefore increasing the SCA token’s overall utility. veSCA also acts as a mechanism to reduce the circulating supply of SCA, thereby boosting its stability and enhancing overall protocol activity. It serves as a critical pillar supporting the long-term sustainability and success […]
0xMedia Intern·Apr 28, 2025One of the fastest-growing DeFi apps that reflect Sui’s efficiency is Scallop, a lending protocol that has become the leading money market for the Sui ecosystem. Launched in May 2023, Sui blockchain implements a unique architecture to achieve high scalability, using horizontal scaling to keep transaction fees low even during high demand. The network is […]
0xMedia Intern·Apr 28, 2025Scallop, a lending and borrowing protocol on the Sui blockchain, has recorded an impressive revenue of $79,920 over the past 24 hours, according to recent data from DeFiLlama. This achievement places Scallop second among all decentralized finance (DeFi) lending protocols, trailing only Aave, a well-established name in the sector. The milestone underscores Scallop’s growing prominence […]
0xMedia Intern·Apr 28, 2025Sonic is an EVM-compatible Layer-1 blockchain rebranded and evolved from Fantom. It is focused on speed, incentives, and robust infrastructure. At Coin Bureau, we’ve previously reviewed Fantom, highlighting its innovative DAG-based design, which offers significant scalability advantages over traditional blockchains. The transition from Fantom Opera to Sonic, announced on Aug. 1, 2024, represented more than a mere […]
0xMedia Intern·Apr 28, 2025In the past 48 hours, Sonic’s $S has seen a massive rise in token price with a total volume of ~$833M. With their upcoming airdrop announced for June, many are scrambling to get a piece of this massive airdrop. If you’re totally new to Sonic and not sure where to start, this is THE GUIDE […]
0xMedia Intern·Apr 28, 2025We’re excited to share new details about the ~200 million S airdrop and its innovative points system. Designed to boost liquidity on Sonic and strengthen its ecosystem, our points program will help position Sonic as a premier hub for DeFi enthusiasts and users seeking to maximize the potential of their assets. To qualify for the […]
0xMedia Intern·Apr 28, 2025Join us at Sonic Summit 2025 in the historic city of Vienna from May 6–8, 2025. We’re bringing together the world’s leading blockchain developers, investors, and leaders to collaborate on the future of Web3 on Sonic. And what better backdrop than Vienna? A city steeped in centuries of financial innovation makes the perfect setting for […]
0xMedia Intern·Apr 28, 2025Sonic Gems have quickly emerged as a powerful catalyst for growth within the Sonic ecosystem, enabling apps to bootstrap user activity, deepen engagement, and earn airdrop allocations through sustained performance. By aligning incentives across developers and users, Gems have turned competition between apps into momentum and continuous innovation. However, Gems have been exclusively for DeFi apps […]
