Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Sui Addresses Three Network Outages With Major Upgrade

CryptoExpert by CryptoExpert
June 1, 2026
in Blockchain News
0
Cointelegraph
  • Facebook
  • Twitter
  • Pinterest


You might also like

Meta Leads AI-Model Race by End-June 2026, Market Sees Anthropic Edge

Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral

Circle Freezes $12.6M USDC in Zama Protocol, Sparks Criticism

The Sui Foundation, the nonprofit organization behind the Sui Network, says it has made a “major upgrade” to address issues that caused three recent outages and left the blockchain down for more than 15 hours across two days.

Sui experienced an outage on Thursday that lasted nearly six hours and two more on Friday. The first lasted eight hours and 25 minutes while the second lasted 43 minutes, according to the Sui network’s uptime dashboard. All systems are listed as operational as of Monday.

The Sui Foundation said in a blog post on Sunday that it applied an upgrade to fix the bugs that caused the outages. It also flagged several issues for improvement, such as better failure containment, end-of-epoch resilience and further investment in artificial intelligence agents, which helped with diagnoses, querying validator logs and assembling metrics.

“As of now, validators have fully addressed the known issues caused by both the original gas-charging bug and the randomness-state bug, and network activity has resumed,” the Sui Foundation said. It added that “during the outages, no user funds were at risk, and the network did not revert any committed transactions when it resumed.”

okex

Source: Sui

Sui had a similar outage in January, which knocked the network offline for more than six hours. Another incident occurred in November 2024, when all validators were stuck in a crash loop for about 2.5 hours. Sui is the 13th-largest blockchain by total value locked at $519 million and hosts 137 protocols, according to DefiLlama.

Bugs introduced during software update

The Sui Foundation said the blockchain’s two most recent outages stemmed from “crash bugs” introduced in its 1.72 software release. The bugs impacted gas charging, causing the network to charge funds before canceling transactions for insufficient balances. This created negative balances that crashed the system 

An interim fix for the initial bug triggered the third outage. The fix aimed to bring the network back online until a permanent solution could be devised, but it had “a known issue with a low probability of causing a halt.”

Related: CME Group expands crypto futures with Avalanche and Sui contracts 

The Sui (SUI) token has declined since the outages. It traded at about 99 cents on Thursday before the first outage, according to data from crypto aggregator CoinGecko. It has since dropped roughly 11% and is worth about 88 cents as of Monday.

In early May, the token climbed 50% to $1.41 following several positive developments, including a Nasdaq-listed company staking a large portion of the supply.

Sui launched its mainnet in May 2023, aiming to be scalable and capable of processing transactions fast enough for mainstream financial institutions.

Magazine: HYPE chases $100 target, ETH could dump below $1800: Market Moves



Source link

  • Facebook
  • Twitter
  • Pinterest
CryptoExpert

CryptoExpert

Recommended For You

Meta Leads AI-Model Race by End-June 2026, Market Sees Anthropic Edge

by CryptoExpert
June 1, 2026
0
Meta Leads AI-Model Race by End-June 2026, Market Sees Anthropic Edge

Rongchai Wang May 31, 2026 12:04 On track for end-June 2026, Meta is expanding paid AI services and cloud plans, signaling a strategic pivot...

Read more

Vietnam Proposes Allowing SMEs to Use Digital Assets as Loan Collateral

by CryptoExpert
May 31, 2026
0
Cointelegraph

Vietnam’s Ministry of Finance has proposed letting small and medium-sized enterprises use digital assets, virtual assets and intellectual property as collateral for bank loans.The proposal is part of...

Read more

Circle Freezes $12.6M USDC in Zama Protocol, Sparks Criticism

by CryptoExpert
May 31, 2026
0
AssemblyAI Introduces German STT and Enhances PII Detection

Terrill Dicki May 30, 2026 18:52 Circle's $12.6M USDC freeze in Zama's protocol raises concerns over unilateral actions and selective enforcement in the stablecoin...

Read more

Sui Network Restarts After 6 Hour Outage

by CryptoExpert
May 31, 2026
0
Cointelegraph

Sui Network is back online after a nearly six-hour outage on Thursday, which it attributed to a bug introduced by an update, marking the layer-1 blockchain’s second period...

Read more

Strait of Malacca: The $92 Oil Chokepoint Investors Can’t Ignore

by CryptoExpert
May 30, 2026
0
10BedICU Leverages OpenAI's API to Revolutionize Critical Care in India

Peter Zhang May 30, 2026 01:03 The Strait of Malacca moves 23.2M barrels of oil daily and 30% of global trade, forcing a repricing...

Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • IC DAO

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 72,740.00
ethereum
Ethereum (ETH) $ 1,984.91
tether
Tether (USDT) $ 0.998781
bnb
BNB (BNB) $ 702.31
xrp
XRP (XRP) $ 1.30
usd-coin
USDC (USDC) $ 0.9996
solana
Solana (SOL) $ 80.91
tron
TRON (TRX) $ 0.350971
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.02
staked-ether
Lido Staked Ether (STETH) $ 2,265.05

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?