Sonic drops 5% as Cronje and top executives resign from Layer-1 project

XRPL’s native lending protocol enters formal verification as Ripple and Common Prefix test Layer-1 code before Mainnet validator activation.

2.5% $STRATO sale uses a Uniswap CCA as ETFs see heavy outflows into early June. Dates, redemption, pricing dynamics, and risk controls for a cautious Layer-1 launch.

A practical overview of Radix Protocol, its purpose, token mechanics, ecosystem context, and key considerations for DeFi users and builders. The post Radix Protocol Explained: Layer-1 For Scalable DeFi Overview appeared first on BiteMyCoin.

The post Sui Mainnet Two-Day Outage Tests Layer-1 Resilience As Base, Arbitrum, Ondo Make Moves appeared on BitcoinEthereumNews.com. Sui’s mainnet ground to a halt for two consecutive days in late May, suspending user transactions and rattling confidence in a chain that had been riding a wave of adoption. According to the original report, the outages originated from an interaction conflict between the Address Balances feature and gas billing logic introduced in version 1.72. A temporary fix deployed earlier carried a known issue that could trigger outages with an extremely low probability—a calculated risk that backfired when epoch transition problems piled on, leaving validator nodes running yet unable to process any user transactions. The incident hits a network that just weeks ago saw institutional staking and a Paga partnership drive an 18% price surge. Now the core team must publish a post-mortem and convince builders, validators, and DeFi protocols that the chain’s upgrade pipeli

The post Sui Network (SUI) Faces Second Day of Outages After Upgrade appeared on BitcoinEthereumNews.com. Jessie A Ellis May 29, 2026 18:34 Sui Network suffers two consecutive outages due to bugs in its 1.72 upgrade, disrupting block production and sparking market concerns. The Sui blockchain, a Layer-1 network developed by Mysten Labs, encountered its second outage in as many days on Friday, May 29, 2026. According to the network’s status dashboard, block production halted for over three and a half hours before being restored. The disruption followed an earlier six-hour outage on May 28 due to a bug introduced in the 1.72 software upgrade. The Sui team attributed the outages to issues with the new release, which introduced changes to address balances and gas charging logic. “Yesterday’s implemented fix was an interim measure designed to restore functionality to the network,” the team explained, adding that a more comprehensive fix has since been deployed by most vali

Sui launched USDsui in March 2026, the first major Layer-1 native stablecoin that returns reserve yield to the network. Here's why the model matters.

SUI’s underperformance raises questions around L1 rotation, activity quality, liquidity, token demand and whether recent usage can hold.

CME Group has rolled out new futures contracts tied to Avalanche and Sui, extending Wall Street’s regulated crypto derivatives beyond Bitcoin and Ethereum and deeper into the high-throughput layer-1 trade. CME Group, the world’s largest regulated derivatives marketplace, has confirmed…