Sui Network Halts Three Times After Upgrade Bug

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

The post SUI Price Prediction: $0.86 Support Break Imminent, $1.00 Recovery by Mid-June appeared on BitcoinEthereumNews.com. Joerg Hiller May 30, 2026 07:58 SUI’s technical breakdown accelerates toward the $0.86 Bollinger Band floor as RSI weakness intensifies, positioning the token for a swift recovery to $1.00 once this critical support test completes. SUI’s Technical Breakdown Accelerates SUI trades at $0.90 with mounting pressure that signals an imminent support test. The RSI reading of 36.41 marks a dramatic shift from previous overbought conditions, while the MACD histogram sits dead flat at zero. This combination creates a textbook setup for further downside, particularly with price hovering just above the lower Bollinger Band at $0.86. The moving average structure confirms this weakness runs deeper than surface-level profit-taking. SUI trades below its 20-day average while sitting 25% below the 200-day moving average at $1.21. This gap represents genuine distr

The post Polygon Marks 6 Years on Mainnet as Network Surpasses $2.5 Trillion in Value Moved appeared on BitcoinEthereumNews.com. Key Takeaways: Polygon has also celebrated its 6th anniversary since mainnet, logging over $2.5 trillion worth of transactions across the Polygon ecosystem. Each item is a real transaction made on Polygon, as started by the blockchain, it has created a fun and interactive experience. The milestone reflects Polygon’s increasing importance in the transfer of stablecoins and a day-to-day payments application. As Polygon celebrates its sixth birthday milestone, the platform is commemorating one of its biggest successes, consisting of over $2.5 trillion in total value transferred to-date from the establishment of Polygon on mainnet. Cake and candles 🎂 Happy six years of the Polygon Chain! pic.twitter.com/oJxNRsTXBa — Polygon | POL (@0xPolygon) May 30, 2026 The blockchain community marked the event with an interactive virtual world simulating real economic flow on

The post Arcium Surpasses 50,000 Encrypted Computations on Solana Ahead of Mainnet Debut appeared on BitcoinEthereumNews.com. Key Takeaways: Before the full mainnet release, Arcium has processed over 50,000 computations on Solana with encryption in 24 hours. The network successfully processed 144,000 transactions as well as more than 18 million MPC rounds, reflecting increasing demand for confidential computing. Over 155,000 encrypted calculations have been completed and more than 2400 SOL have been dedicated to token buyback activities for Ecosystem project ZINC so far. Before it goes on mainnet, privacy-oriented computing network Arcium has already found success early in their movement to Solana. The network processed tens of thousands of encrypted computations in a single day, new data from co-founder and CEO Yannik Schrade showed, highlighting growing activity in the world of decentralized confidential computing. Arcium network stats on @solana mainnet over the last 24h: – Over 50,

The post AVAX Price Prediction: $12 Target Within 8 Weeks as Smart Money Accumulates appeared on BitcoinEthereumNews.com. Peter Zhang May 30, 2026 07:29 AVAX consolidates at $8.93 while institutional traders position 68% long, creating a technical setup pointing to 35% upside toward $12 if current support levels hold through July. Market Context: Why AVAX is Moving Now AVAX has settled into a consolidation phase at $8.93, down 0.35% in the last 24 hours while displaying textbook accumulation patterns. The token trades near its lower Bollinger Band at $8.66, creating an oversold bounce setup that historically triggers significant rallies in Layer-1 protocols. Trading volume of $15.4 million on Binance indicates institutional interest remains active despite the pullback from the $9.05 daily high. The broader crypto market’s May momentum has created conditions where quality blockchain protocols are getting repriced by sophisticated traders. Without recent speculative noi

The post Sui Network’s Technical Setbacks and Their Ripple Effects appeared on BitcoinEthereumNews.com. Over a three-day span, Sui Network’s mainnet faced critical failures, ceasing block production three times due to a programming flaw. This series of disruptions escalated stress on the SUI token, driving its value down to a pivotal support threshold of approximately $0.90. Continue Reading:Sui Network’s Technical Setbacks and Their Ripple Effects Source: https://en.bitcoinhaber.net/sui-networks-technical-setbacks-and-their-ripple-effects

Sui Network saw three mainnet halts in 48 hours after a v1.72 upgrade bug, while SUI traded near $0.90 support. Sui Network faced three mainnet halts between May 28 and May 30 after an upgrade bug disrupted block production. The outages came as SUI traded near key support levels, adding market pressure during a weak […] The post Sui Network Faces Three Mainnet Halts In 48 Hours After Upgrade Bug Hits appeared first on Live Bitcoin News.

The post Stellar Drops 17% as Traders Eye Key Levels appeared on BitcoinEthereumNews.com. Stellar’s rally has turned into a sharp pullback, leaving traders divided after XLM dropped 17% in 24 hours. The move followed a strong weekly advance tied to DTCC partnership excitement, rising volume, and renewed interest in the asset. XLM remains up about 62% over the past week, but the latest drop has shifted focus to key support and resistance levels. Stellar Falls After Strong Weekly Rally Stellar Lumens recorded a sharp daily correction after a fast rise over the past week. XLM was down 17% at the time of writing, making it one of the weakest major crypto assets over 24 hours. The pullback came after Stellar surged more than 26% during the recent rally. The move was linked to market excitement around a DTCC partnership and stronger trading activity. The price had reached about $0.206 during the rally, with volume and market value also rising. That showed renewed market interest after a long