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Sui News Today

Every Sui story we summarized, newest first.

1 Sui stories in the last 7 days

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CoinTelegraph

Sui DeFi protocol Full Sail to wind down after Switchboard incident

Full Sail is shutting down after an attacker removed about $91,000 from three vaults during a security incident linked to oracle provider Switchboard.

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The Block

Securitize brings Neuberger’s $230 billion fixed-income platform onchain with new tokenized fund

HINC will be available across Avalanche, Ethereum, Solana and Sui, as Securitize expands its push to bring fixed-income strategies onchain.

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CoinTelegraph

Neuberger teams with Securitize on multi-chain tokenized fixed-income fund launch

The $613 billion asset manager will subadvise a high-yield fund tokenized across Ethereum, Solana, Avalanche and Sui.

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The Block

Securitize brings Neuberger’s $230 billion fixed-income platform onchain with new tokenized fund

HINC will be available across Avalanche, Ethereum, Solana and Sui, as Securitize expands its push to bring fixed-income strategies onchain.

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The Block

Sui to add post-quantum signature schemes for quantum-safe accounts

Sui is implementing post-quantum signature schemes to secure accounts against potential quantum computer threats. This update allows users to adopt quantum-safe keys without generating a new recovery phrase or modifying wallet addresses, ensuring seamless integration with existing accounts. The move aims to safeguard user assets and maintain trust in the Sui ecosystem.

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CoinDesk

Abu Dhabi's Mubadala Capital joins tokenization push as Coinbase takes stake in onchain fund

Mubadala Capital, backed by Abu Dhabi's sovereign wealth, is pushing tokenization by partnering with KAIO to bring one of its private market funds onchain across Base, Solana, and Sui networks. This move enables seamless access to its fund for a broader investor base. The industry implication is a growing adoption of tokenization, further expanding the digital asset ecosystem.

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CoinDesk

CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines

The CoinDesk 20 index declines as Internet Computer (ICP) falls 4.1% and Sui (SUI) drops 4%. Meanwhile, Stellar (XLM) bucks the trend with a 10% surge. The contrasting performances highlight the index's volatility, with its decline driven by the losses of ICP and SUI. Market sentiment remains uncertain, with investors closely watching the index's movements.

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CoinTelegraph

Privacy push as StarkWare and Sui move toward compliance-ready confidential transfers

StarkWare and Sui are implementing confidential transfer systems to enhance user privacy, moving toward compliance readiness. Zama is also boosting its compliance efforts. Meanwhile, Zcash's Orchard bug highlights the risks in shielded privacy models. This development underscores the growing importance of balancing user anonymity with regulatory requirements in the blockchain industry.

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Decrypt

Sui Blames Last Week's Trio of Network Outages on Gas and Validator Bugs

The Sui blockchain is experiencing network outages due to gas calculation bugs and validator synchronization issues, causing three separate failures in 48 hours. These technical glitches have disrupted the network's functionality, impacting users and potentially affecting the overall performance of the blockchain. The industry implication is a reminder of the ongoing challenges in maintaining a stable and secure blockchain infrastructure.

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CoinDesk

Three Sui mainnet halts in 48 hours traced to an upgrade bug by developers

Developers identify an upgrade bug as the cause of three Sui mainnet halts within 48 hours. The Sui Foundation's post-mortem analysis reveals interactions between a new address-balance feature in the v1.72 release and existing gas and consensus logic are to blame.

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CoinTelegraph

Sui Foundation says ‘major upgrade’ fixed bugs behind three outages

The Sui Foundation reports that a major upgrade has resolved bugs behind three outages, with the first two caused by issues introduced in the 1.72 update. An interim fix to restore the blockchain triggered the third outage. The upgrade aims to improve stability, with the Sui Network now functioning smoothly, bolstering investor confidence in the blockchain's reliability and security.

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The Block

Sui traces three mainnet halts to upgrade bugs, including a fix it knew carried halt risk

Sui's mainnet has halted three times due to upgrade bugs, with the foundation acknowledging that one fix it implemented carried a risk of halting the network. Fortunately, no user funds were compromised, thanks to AI agents that expedited the diagnosis of the incidents, allowing the foundation to swiftly resolve the issues and maintain network stability.

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Decrypt

Sui Network Goes Down for Second Straight Day as Weekly Token Slide Hits 20%

The Sui Network experiences its second consecutive day of downtime, causing significant disruptions. The Sui token is among the top 100 worst-performing cryptocurrencies, with a 20% decline in value over the past week. This decline is largely attributed to the network's outages, which have raised concerns about its stability and reliability, impacting investor confidence in the market.

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CoinTelegraph

Sui network temporarily stalls again after Thursday's outage

The Sui network experiences another temporary stall, caused by the same network update software bug that led to nearly six hours of downtime on Thursday. This recurring issue raises concerns about the protocol's stability and reliability, potentially impacting user trust and adoption, as developers scramble to resolve the issue and prevent future outages.

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The Block

Sui blockchain suffers more downtime following Thursday’s six-hour outage

Sui blockchain is experiencing another outage, this time lasting 5 hours and 55 minutes, due to a bug in the latest "1.72 release." The issue follows a six-hour outage on Thursday, causing inconvenience to users.

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CoinTelegraph

Sui Network back online after ‘crash bug’ causes 6-hour outage

The Sui mainnet is back online after a 5 hour and 55 minute outage caused by a 'crash bug' in a network update. The bug, which led to the network going offline, has been addressed and the Sui team is working to prevent similar incidents in the future, ensuring the stability of the network and its users.

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Decrypt

Sui Network Goes Down for Hours, Just Months After the Last Downtime

Sui Network is experiencing hours-long downtime, a repeat of a similar issue just five months prior. The network's instability has caused disruptions to users, with the exact cause and duration of the outage still unknown. This setback raises concerns about Sui's reliability, potentially impacting adoption and investor confidence in the blockchain space.

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The Block

Sui blockchain experiences second ‘stall’ in five months

Sui blockchain is currently experiencing its second "network stall" in five months, with block explorers indicating a lack of block production for nearly 2 hours. This development is causing concern among users and investors, potentially impacting the network's overall performance and security. The implications for Sui's reputation and adoption remain uncertain, as the blockchain's reliability is put to the test.

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CoinDesk

Sui blockchain suffers another network outage as transactions grind to a halt

The Sui blockchain is experiencing another network outage, marking the second time this year that transactions have ground to a halt. The exact cause of the outage remains unclear. Sui's network instability is a concern for its users, who rely on the blockchain for secure and efficient transactions, impacting the broader decentralized finance market's trust in Sui.

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CoinTelegraph

P2P.org launches real-time data stream for Sui and Hyperliquid

P2P.org launches real-time data stream for Sui and Hyperliquid, a significant development in blockchain infrastructure, enabling faster and more accurate data analysis. This real-time data stream will provide up-to-date information on both Sui and Hyperliquid, improving the overall user experience and facilitating more informed decision-making in the rapidly evolving cryptocurrency market.

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CoinDesk

CoinDesk 20 performance update: SUI drops 1.1%, leading index lower

The CoinDesk 20 index is experiencing a decline, with Sui (SUI) leading the drop at 1.1%, followed closely by Cronos (CRO) also down 1.1%. This performance is affecting the overall index, weighing on investor sentiment and market stability. The downturn in these prominent tokens is a notable development in the crypto market.

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The Block

Researchers flag TrapDoor malware campaign targeting crypto developer environments including Aptos, Sui and Solana

Researchers are flagging a TrapDoor malware campaign targeting crypto developer environments, including Aptos, Sui, and Solana, through malicious packages on npm, PyPI, and Crates.io. The campaign has successfully compromised several developer environments, with the exact number of affected projects remaining unknown. This threat highlights the vulnerability of crypto ecosystems to supply chain attacks.

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CoinDesk

Wall Street is starting to notice one of crypto’s smartest AI bets

Wall Street is starting to notice Nof1's Alpha Arena, a groundbreaking AI trading experiment that may have given SUI Group and Karatage an early mover advantage in teaching AI to trade in real markets. This innovative project is gaining traction, with Alpha Arena's AI models reportedly outperforming human traders in several key areas, potentially disrupting traditional finance.

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CoinDesk

CoinDesk 20 performance update: SUI drops 3.2% as index trades lower

Bittensor (TAO) is down 2.7% from Tuesday, joining Sui (SUI) as an underperformer, with SUI specifically dropping 3.2% in the CoinDesk 20 index. The index trades lower, reflecting a broader market downturn. Market volatility persists, with cryptocurrency prices fluctuating in response to shifting investor sentiment and economic conditions, impacting overall market stability and investor confidence.

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CoinDesk

CoinDesk 20 performance update: SUI surges 25% over weekend

Cronos (CRO) surges 9.7% over the weekend, joining Sui (SUI) as a top performer, as SUI itself surges 25% in value. Market sentiment appears to be shifting in favor of these two cryptocurrencies, with CRO now up 9.7% and SUI up 25% in a short span, indicating potential investor confidence in their underlying technologies and future prospects.

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CoinTelegraph

SUI spikes 50% amid staking moves, zero-fee stablecoins, privacy push

Adeniyi Abiodun, co-founder of Mysten Labs, announces plans for zero-fee stablecoin transfers on Sui at an event in Miami, sparking a 50% surge in SUI's price. He also reiterates the ambition to add private transactions, further fueling investor optimism about Sui's scalability and user experience, potentially solidifying its position in the rapidly evolving blockchain landscape.

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The Block

Bitcoin briefly tops $82,000 on improving macro conditions; Sui jumps 25%

Sui is currently surging 25% over the last 24 hours, with analysts attributing the growth to Sui Group Holdings' decision to stake 108.7 million SUI tokens, a significant move that has boosted investor confidence. Meanwhile, Bitcoin briefly topped $82,000, driven by improving macro conditions, as investors seek safe-haven assets amidst market volatility.

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