Surge in Transactions Brings SUI Network into Spotlight

The post ENI And Manadia Join Forces To Advance Secure AI-Powered Blockchain Settlements appeared on BitcoinEthereumNews.com. ENI, a next-gen modular L1 chain, has partnered with Manadia, a cutting-edge blockchain infrastructure platform. The collaboration aims to bolster secure settlements, transparent data settlements, and AI-led coordination. As per ENI’s official social media announcement, the move highlights a shared vision to increase the trustworthiness, efficiency, and security across industries. Hence, the development is set to unlock unique opportunities concerning real-world blockchain expansion, interoperability, and dependable infrastructure. 🤝 ENI × Manadia@ENI__Official is excited to collaborate with @paywithmana, a next-generation infrastructure layer powering verifiable data settlement, secure transactions, and AI-driven coordination. With a mission to make every digital collaboration secure, verifiable, and… pic.twitter.com/Px9vNYES2B — ENI (@ENI__Official) May 30, 2

The post Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain appeared on BitcoinEthereumNews.com. Traditional financial institutions are preparing to move trillions of dollars of assets onchain, but the risk of hacks and exploits is putting them off, according to blockchain security firm CertiK’s CEO Ronghui Gu. “Right now, more and more institutions are trying to move assets onchain,” Gu told CoinDesk in an interview. “They imagine that, let’s say in 10 years, multiple trillion dollars — even tens of trillions of dollars — of assets are going to move onchain.” The potentially massive migration of financial assets is hitting a wall because, although bankers and legacy institutions want to capture the efficiency of decentralized ledgers, the current operational reality is still too risky for conservative capital allocators. “When they move assets onchain, they need to face all these AI attacks, smart contract vulnerabilities, oracle man

The post Ripple and Stellar: Pioneers of a Balanced Financial Future appeared on BitcoinEthereumNews.com. SMQKE, known for insights into the cryptocurrency world, envisions a future where Ripple‘s XRP and Stellar’s XLM become key elements of the financial landscape, akin to how Visa and Mastercard have operated in traditional markets. Rather than one blockchain reigning supreme, these two could coexist as major contributors to global finance. Continue Reading:Ripple and Stellar: Pioneers of a Balanced Financial Future Source: https://en.bitcoinhaber.net/ripple-and-stellar-pioneers-of-a-balanced-financial-future

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

The post Sui Network Goes Down for Second Day in a Row appeared on BitcoinEthereumNews.com. The Sui layer-1 blockchain experienced another disruption on Friday, causing a “network stall” that temporarily halted block production, before normal activity resumed, according to the Sui team. Network activity “may be paused,” the Sui team said. The network disruption lasted for over three hours and 30 minutes at the time of publication, according to the Sui network’s uptime dashboard. Sui’s mainnet validators experienced disruptions on both Thursday and Friday. Source: Sui The last block before the disruption was produced at about 11:51 UTC on Friday, according to the Suiscan block explorer. Network activity on the Sui mainnet resumed at about 3:30 UTC. The Sui team said in an update: “Both today’s and yesterday’s halts are due to the interaction of the 1.72 release, which introduced address balances and gas charging logic. Yesterday’s implemented fix was an interim measure designed to resto

The post Grayscale says Hyperliquid could become a ‘financial services juggernaut’ appeared on BitcoinEthereumNews.com. Hyperliquid (HYPE), a decentralized trading platform that began as a crypto perpetual futures exchange less than three years ago, is increasingly being viewed by Wall Street analysts as a broader financial infrastructure play that could challenge parts of traditional exchanges and derivatives markets. In a new report, Grayscale described Hyperliquid as a fast-growing blockchain-based platform that generated roughly $800 million in revenue in 2025 while capturing meaningful market share in crypto perpetual futures, one of the largest segments of digital asset trading. “Hyperliquid is not directly comparable to another project in either crypto or traditional finance,” Grayscale wrote. “If it continues to execute well … we think Hyperliquid could become a financial services juggernaut.” Perpetual futures, or “perps,” are derivatives contracts that allow traders to specul

The post South Korea Cracks Down on CatFi Rugpull: First-Ever Crypto Fraud Case Under New Investor Protection Law appeared on BitcoinEthereumNews.com. South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called CatFi, following allegations that the token was used in a coordinated rugpull scheme after attracting investor funds. The Seoul Southern District Prosecutors’ Office confirmed in its Wednesday statement that five individuals are now facing charges in connection with the case, including two main suspects who have been placed in custody and three others who have been indicted without detention. Influencer Ruse, Fake Lockups Investigators say the group created and launched CatFi in early 2025 through the Solana meme coin platform Pump.fun. It managed to draw in investors

South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence.