Sui Network Recovers From Hours-Long Network Stall Triggered by Upgrade Bug

The Sui token is among the worst performing top 100 crypto assets of the last week in the wake of back-to-back outages.

The post Iran’s top negotiator Qalibaf: We have no trust in guarantees or words appeared on BitcoinEthereumNews.com. In a post published on X on Friday, Iran’s top negotiator Mohammad Baqer Qalibaf said they have no trust in guarantees or words, and added: “Only actions are the measures, no action will be taken before the other side acts.” “The winner of any agreement is the one who prepares better for war from the day after,” Qalibaf noted and explained that they “seize concessions not through dialogue, but with missiles.” Market reaction Markets cling to a cautious stance in the early American session on Friday. At the time of press, the US Dollar Index (DXY) was unchanged on the day near 99.00. Source: https://www.fxstreet.com/news/irans-top-negotiator-qalibaf-we-have-no-trust-in-guarantees-or-words-202605291300

Crypto analyst The Short Bear has addressed investors who are currently capitulating on Ethereum and offloading their coins. He cited a mistake these investors are currently making that could cost them money when the bull thesis for ETH eventually plays out.  Analyst Reveals Misconception Investors Have About Ethereum In an X post, the Short Bear said that many people are mistaken in treating Ethereum like an end-stage Amazon as if the main question is already about mature margins, fees, and cash flows. He explained that, in reality, the layer-1 network is still very much earlier in its economies-of-scale phase, with nearly all metrics in the top-right corner and growing at mid-double-digit to triple-digit rates.  Related Reading: Can Ethereum Stage The Biggest Comeback In History? Why Price Could Double The analyst further stated that most of the market is focused on the wrong battle, of which network can become the fastest and cheapest payment processor. However, he opined that the r

Base Azul is live on mainnet, adding TEE and ZK proofs, Base-native clients, Osaka updates and 5,000 TPS bursts for Coinbase L2 users.

On May 27, decentralized finance platform Stake DAO suffered an infinite-minting exploit on its Arbitrum protocol. However, Stake DAO core contributors quickly secured the mainnet funds backing the tokens, shut down the vsdCRV bridge, and successfully contained the exploit. Infinite-Minting Loophole Triggers Exploit Decentralized finance ( DeFi), platform Stake DAO confirmed May 27 that its […]

Arca CIO Jeff Dorman warned that Strategy’s Bitcoin-heavy balance sheet has entered a more dangerous phase, arguing that the company, Bitcoin holders and its preferred shareholders are now locked in a difficult capital-structure tradeoff. In a May 28 post on X, Dorman said he is “not in Saylor’s inner circle,” but argued that the MSTR story has “gotten so out of hand” that the company’s recent moves now look increasingly hard to reconcile with a stable long-term financing plan. His central concern is not simply Strategy’s Bitcoin exposure, but the layering of preferred equity obligations, cash management decisions and potential pressure to eventually sell BTC if market conditions deteriorate. Arca CIO Warns MSTR Faces Bitcoin Crunch Dorman said Strategy could have avoided much of the current tension by slowing down after its initial Bitcoin accumulation strategy became a dominant part of the company’s identity. “MSTR could have sat and done nothing before they started pumping out $bill

The Sui blockchain experienced a nearly six-hour network stall, halting all onchain block production. The disruption marks the second major downtime event for the high-throughput network this year. Onchain Data Shows Block Production Halt for Sui Mainnet The Sui blockchain experienced a severe network stall, halting all block production for exactly five hours and 55 […]

On-chain data shows the Cardano addresses with at least 1 million tokens have seen their combined holdings hit the highest point since 2017. Large Cardano Holders Have Continued To Accumulate Recently In a new post on X, on-chain analytics firm Santiment has discussed the latest trend in the Supply Distribution of the large Cardano investors. The “Supply Distribution,” here refers to an indicator that tells us about the amount of ADA supply that a given wallet group is holding right now. Related Reading: XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound Addresses or investors are divided into these cohorts based on the number of coins that they are carrying in their balance. The 1 to 10 coins group, for instance, includes all holders carrying between 1 and 10 ADA in their balance. In the context of the current discussion, the range of interest is the one with a lower bound of 1 million ADA and no upper bound. At the current exchange rate of the cryptocurrency, the cutoff for t