Sui Blockchain Faces Triple Disruption and Plummeting Token Value

The post Sui (SUI) Network Crashes Three Times in Two Days: Inside the v1.72 Upgrade Disaster appeared on BitcoinEthereumNews.com. Key Takeaways The Sui blockchain experienced three critical failures between Thursday and Friday, all stemming from issues in the v1.72 software update. Initial outages resulted from a gas fee calculation error related to a newly implemented “address balances” functionality. Sui Foundation acknowledged deploying a temporary patch despite knowing it could trigger additional network failures — which subsequently occurred. An unrelated malfunction in the blockchain’s randomness generation mechanism caused a third stoppage lasting approximately six hours. The SUI token has declined to approximately $0.87, representing a roughly 13% decrease from its $1.04 price point seven days prior. The Sui blockchain encountered an unprecedented series of network failures last week, experiencing three complete shutdowns within a 48-hour window. This Layer 1 protocol, develop

The post Three Sui mainnet halts in 48 hours traced to an upgrade bug by developers appeared on BitcoinEthereumNews.com. A new feature shipped in Sui’s v1.72 release exposed an edge case in the Layer-1 blockchain’s gas-charging logic that halted mainnet three separate times across May 28 and May 29, with each fix either triggering or exposing the next failure, the Sui Foundation said in a post-mortem published Sunday. The first outage began at roughly 7 a.m. PT on Thursday and lasted close to seven hours. According to the foundation, it stemmed from a rare issue in how the network charged gas for transactions paying with a mix of the new address-balance feature and traditional coin objects. The bug caused validators to crash with an underflow error when a transaction was canceled for insufficient funds, but the gas-smashing routine still tried to spend those same funds. Think of a coin object as a digital banknote. A user’s SUI balance isn’t a single number — it’s a stack of distinct “

The Sui Network's first two outages were caused by bugs introduced in its 1.72 update, while an interim fix deployed to restore the blockchain triggered the third.

The post Sui’s 1.72 bugs caused three outages before foundation rolled out major fix appeared on BitcoinEthereumNews.com. Sui said it has completed a major upgrade after three outages stopped its mainnet across two days, with the foundation saying known bugs have now been fixed. Summary Sui said 1.72 release bugs caused two outages, while an interim fix triggered another halt. Validators applied a major upgrade and said known gas-charging and randomness-state bugs were fully addressed. The SUI token fell near 89 cents as repeated network halts drew fresh reliability questions. The Sui Foundation said the outages happened on May 28 and May 29. The first started at about 7 a.m. PT on Thursday and ended at about 1:30 p.m. PT. The second ran from about 5 a.m. PT to 8:30 a.m. PT on Friday. A third outage began at about 1:30 p.m. PT on Friday and ended at about 7:20 p.m. PT. “During the outages, no user funds were at risk,” Sui said, adding that the network did not reverse committed transact

Sui says a major upgrade fixed bugs behind three outages that halted mainnet activity for over 15 hours while user funds stayed safe Monday.

The post ‘Now Or Never’ For Crypto Clarity, CEO Warns Ahead Of Key June Push appeared on BitcoinEthereumNews.com. ‘Now Or Never’ For Crypto Clarity, CEO Warns Ahead Of Key June Push Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/now-or-never-for-crypto-clarity-ceo-warns-ahead-of-key-june-push/

Four working weeks. That’s all the time left in June for the US Senate to move on the CLARITY Act before lawmakers head into recess — and the crypto industry is watching the clock. Related Reading: $1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery A Crowded Legislative Calendar Senate Majority Leader John […]

The post Sui Network Goes Down Three Times in 48 Hours After v1.72 Upgrade Bug appeared on BitcoinEthereumNews.com. TLDR: Sui Network’s v1.72 upgrade introduced a gas charging bug that caused three mainnet halts within 48 hours in May 2026. No user funds were lost during the outages, and validators restored full network activity by May 30, 2026, after emergency fixes. The SUI token dropped roughly 8% during the disruptions, falling below $0.89 and liquidating nearly $2M in long positions. This marks Sui’s second major outage of 2026, raising ongoing concerns about upgrade testing and Layer-1 infrastructure reliability. Sui Network suffered three mainnet halts within 48 hours, from May 28 to May 30, 2026. The disruptions traced back to a crash bug introduced in the v1.72 software upgrade. No user funds were lost during any of the three stalls. Validators coordinated emergency fixes and restored block production by May 30. However, the repeated downtime pushed the SUI token sharply lower