On December 1st, Mysten Labs opened the Quest3 reward claim, and 5 million SUI rewards will be distributed to 164,000 participants. The reward portal will be open until December 31st.

Sui Network announced its official partnership with Mysten Labs, which is supported by the UAE incubator Hub71. It is said that the developers of the incubation project can not only obtain Mysten Labs' technical expertise and support, but also receive guidance, resources, and global network connections from Hub71.

On November 28th, Mysten Labs launched the Sui weather oracle, which supports adding real-time weather data to applications to provide users with weather updates or use this data to generate random results in games.

On October 30th, Swiss SCION software provider Anapaya Systems received a €1.8 million investment from Mysten Labs. The two parties plan to cooperate to build a secure, highly accessible, and high-performance Web3 infrastructure to support the next generation of wide area network technology SCION. <br>

Mysten Labs announced a partnership with Anapaya, the main manufacturer of SCION network infrastructure, and invested in it to jointly explore how to use SCION's next-generation network technology to provide secure communication for web3 infrastructure (especially Sui). We also leverage the functionality of the Sui blockchain in the SCION network. SCION is a next-generation wide area network technology that can mitigate denial-of-service attacks, provide strong identity authentication options for all network traffic, resist routing attacks in design, and provide security levels that traditional IP networks do not have. It is worth noting that it is for this reason that SCION has been deployed in Swiss banks and healthcare.

Evan Cheng, CEO of Mysten Labs, said in an interview that despite the slowdown, strategic funds will still flow into the cryptocurrency field, but capital deployment will be more strategic and cautious. Evan Cheng said: "Investors from all over the world are looking for targets. BlackRock is obviously not stupid. They do recognize that there are opportunities here. I have been talking to people in the Gulf region, the UAE, and Qatar. They are very interested and they want to be at the forefront. The same is true for the Asia-Pacific region, so funds will come in, but they will be more strategic about it."&nbsp;

According to Mysten Labs CEO Evan Cheng, investment capital will start flowing into the crypto market again, but with more caution and strategic planning. Cheng has been in talks with investors from the Gulf region and Asia who are interested in getting ahead of the game. He believes that traditional financial institutions are beginning to understand the potential of crypto and blockchain, and a more mature and merit-based market will emerge. However, venture investment in crypto startups has dropped significantly in the past year, with August recording the lowest level in over two years.