Sui Network Goes Down Three Times in 48 Hours After v1.72 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