Over the weekend, the cryptocurrency SUI surged 25%, making it the top performer in the CoinDesk 20 index update. Cronos (CRO) also saw a significant gain of 9.7%, contributing to the overall index rise of 1.8% since Friday. Seventeen out of twenty assets in the index traded higher, while NEAR and DOT were the only laggards with slight declines. This performance highlights strong momentum in select cryptocurrencies, potentially signaling increased investor interest going forward.
Most major cryptocurrencies experienced price declines, with Bitcoin falling 3.44% to $71,096 and Ethereum down 2.33% to $1,963.78. Other notable drops include Binance Coin (BNB) down 5.83% and Cardano (ADA) down 3.79%. Some smaller tokens showed gai...
Between May 28-29, the Sui Foundation experienced three outages caused by bugs in its transaction and key generation systems, disrupting transaction processing and settlement. The first two outages were due to a bug in the new address balance and gas...
Modest gains in Bitcoin and Ethereum caused a wave of short liquidations in crypto derivatives markets, with $4.9 billion in Bitcoin shorts and $5.6 billion in Ethereum shorts liquidated over 24 hours. This indicates heavy bearish positioning, making...
SUI remains in a long-term downtrend, recently falling below key support levels and trading near $0.86–$0.90. Network outages in May and June have shaken investor confidence, causing sharp price declines and raising concerns about the coin's infrastr...
The Sui blockchain network experienced its third transaction halt within 48 hours, caused by problems linked to recent changes in its stablecoin's zero-fee transaction logic. The network stopped processing transactions multiple times, with the latest...
