BitGo Expands WBTC Custody Amid Concerns Over Justin Sun's Role; Security Protocols Unchanged
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Daily Bits
Aug 12, 2024
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Daily Top Performer — Sui Network (SUI)
Last week, the SPX index was down by 0.04%. The market experienced significant volatility, with initial heavy losses due to recession fears and issues in yen carry trades, but later recovered most of these losses. The broader cryptocurrency market was down, with Bitcoin and Ether dropping by 0.13% and 0.29%, respectively in the past 24 hours.
Today's top performer is SUI, which surged 4.8% after SuiNS transitions to decentralized governance with community-driven $NS token.