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Five years after its first generating units were connected to the grid, the 16-million-kW Baihetan Hydropower Station, dubbed "Mount Qomolangma of the global hydropower industry," continues to power millions of homes while transforming the once-isolated mountain county where it is located. Read full:
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Short n sweet Sui updates - ✨ @SuiNetwork CME futures are live ✨ Predict on @DeepBookonSui goes live ✨@rootlets_nft get third SEND airdrop ✨ @WalrusProtocol boosted strategies are permanent on @SlushWallet ✨ Sui Builder House in Athens May 27-29 ✨ @tradeportxyz launching TCG platform ✨ Sui Overflow annual hackathon launched - $500k in prizes ✨ Hydropower Fellowship wraps this week - teams in the batch will be celebrated soon ✨ gasless stablecoin transactions launch ✨ @matrixdock launches silver on Sui ✨ @t2000ai offers agentic payment infra for hackathon builders
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Ethiopia doubles down on its crypto ban while mining Bitcoin at scale The National Bank of Ethiopia (@NBEthiopia) has reaffirmed that using, trading, or transferring virtual assets remains prohibited without its express approval, warning the public off crypto entirely in a notice published Thursday. The clarification widens the net, covering all digital representations of value rather than just cryptocurrencies, from exchange and transfers to custody and related services. No new rules or enforcement came with it. The hard line sits awkwardly next to the state's own business, with around 600MW of hydropower sold to Bitcoin miners in one of the world's fastest-growing mining hubs, leaving citizens barred from touching the asset their grid helps produce.
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This week focused on securing data privacy, scaling decentralized capital markets, and welcoming new cohorts to network development pipelines. Here is your weekly Sui ecosystem recap: • @LoquaApp launched a privacy-first agentic messenger on Sui, allowing users to text, interact with AI agents, and send tokens peer-to-peer natively in chat. • @RipStationxyz deployed graded Pokémon cards for onchain trading and physical redemption, on Sui. • @suidevelopers hosted a technical Nerding Out session featuring @kostascrypto and @abhinavg6 to break down the cryptography behind protocol-level confidential transfers. • @0xfluid is choosing Hashi to build institutional Bitcoin credit markets, enabling native $BTC to serve as collateral via formally verified contracts on Sui. • @realtbook and @paga partnered to create a compliant financial bridge, offering tokenized real-world assets to consumers and businesses across Africa. • Six early-stage development teams, including @AssetoFinance, @audricai, @gendotpro, @kash_bot, @predikt_gg, and @transact_sh, completed the 3rd cohort of the Sui Hydropower Fellowship. • Tokenized asset access expanded as @tradeonhudi announced the upcoming launch of 24/7 leveraged APAC equity perps for Korean, Japanese, and Hong Kong markets. • @Turbos_finance shared their Q2 2026 report. they shipped a CLMM , and peaked as the top AMM DEX with over $17M in single-day SUI-USDC volume. The upcoming Sui Tunnels experiment will open soon to systematically test network TPS limits under load. We look forward to community participation and testing when it goes live!
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