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Project Overview
Sui is a permissionless Layer 1 blockchain, designed from the ground up to enable creators and developers to build experiences that cater to the next billion users in Web3. It is horizontally scalable, enabling a wide range of application development with unrivaled speed and low cost.
SUI Group and London-based hedge fund Karatage co-led Nof1’s $15 million funding round.
According to CoinDesk, Nasdaq-listed SUI Group and London-based hedge fund Karatage co-led Nof1’s $15 million funding round. Previously, the two firms jointly invested—with TwinPath Ventures—in Recursive Superintelligence, a self-evolving AI startup valued at over $4 billion. Both investments rest on the same core thesis: autonomous AI agents will become the foundational infrastructure of future investment markets, and companies building training environments today may dominate the financial landscape of tomorrow.
Splyce Completes Strategic Funding Round, with Participation from the Sui Foundation and Others
DeFi protocol Splyce Finance has completed a strategic funding round, with investors including the Sui Foundation, Stellar Foundation, Solana Foundation, Lucid Drakes, Sarson Funds, and Kin Capital. The specific funding amount has not yet been disclosed.
Sui: Confidential transfers now open for public testing on Sui Devnet
Sui announced on X platform that confidential transfers are now open for public testing on Sui Devnet, where transfer amounts and balances remain private, with controlled visibility for compliance and auditing purposes.
Kalshi applies to launch perpetual futures for 12 tokens including Ethereum, XRP, Solana, and Dogecoin
Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.
SlowMist Discloses Cross-Registry Supply Chain Attack Targeting Crypto and AI Developers
According to on-chain analyst PeckShield (@PeckShieldAlert), SlowMist’s threat intelligence system MistEye has detected a cross-registry supply chain attack targeting developers. Malicious packages have spread across three major registries—npm, PyPI, and Crates.io—comprising over 34 malicious packages and more than 384 related versions. The attack targets developer communities in cryptocurrency, DeFi, Solana, Sui/Move, and AI. It may lead to the theft of cryptocurrency wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, and other sensitive developer information. Some malicious payloads also attempt persistence via mechanisms including `.cursorrules`, `CLAUDE.md`, Git hooks, cron, systemd, and SSH. SlowMist recommends immediately removing affected packages, isolating compromised systems, rotating exposed credentials, rebuilding CI environments and developer machines from clean images, and conducting comprehensive reviews of GitHub, cloud, SSH, and wallet-related activities.
Volo, a DeFi protocol in the Sui ecosystem, was hacked, with approximately $3.5 million in assets stolen.
According to an official announcement by Volo, a security vulnerability occurred today on the Sui network involving Volo—a BTCFi and LST protocol—resulting in the theft of approximately $3.5 million in assets (including WBTC, XAUm, and USDC) from three specific vaults. Immediately after the incident, the team notified the Sui Foundation and ecosystem partners and froze all vaults to prevent further losses. Volo stated that the vulnerability affected only these three vaults; the remaining vaults are not exposed to the same attack vector, and the other ~$28 million in TVL remains secure. The official announcement emphasized that Volo will bear the loss entirely and will not pass it on to users. A comprehensive post-mortem report and remediation plan will be released upon completion of the investigation.
SlowMist Discloses Cross-Registry Supply Chain Attack Targeting Crypto and AI Developers
According to on-chain analyst PeckShield (@PeckShieldAlert), SlowMist’s threat intelligence system MistEye has detected a cross-registry supply chain attack targeting developers. Malicious packages have spread across three major registries—npm, PyPI, and Crates.io—comprising over 34 malicious packages and more than 384 related versions. The attack targets developer communities in cryptocurrency, DeFi, Solana, Sui/Move, and AI. It may lead to the theft of cryptocurrency wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, and other sensitive developer information. Some malicious payloads also attempt persistence via mechanisms including `.cursorrules`, `CLAUDE.md`, Git hooks, cron, systemd, and SSH. SlowMist recommends immediately removing affected packages, isolating compromised systems, rotating exposed credentials, rebuilding CI environments and developer machines from clean images, and conducting comprehensive reviews of GitHub, cloud, SSH, and wallet-related activities.
analysis: Bitcoin funds saw over $700 million in weekly inflows, with institutional capital entering the crypto market for five consecutive weeks
CoinShares data shows crypto funds saw net inflows of $858 million last week, marking the fifth consecutive week of inflows and the largest single-week inflow since the end of April. Among them, Bitcoin funds attracted over $700 million in a single week, with year-to-date inflows reaching $4.9 billion, indicating sustained growth in institutional investor demand for the crypto market.Market analysis suggests that positive expectations related to the "Clarity Act" have driven an improvement in institutional sentiment. Currently, BTC prices remain above the $80,000 mark, with the market watching for a potential breakout of the 200-day moving average near $82,000. Marex analysts point out that if Bitcoin manages a daily close above $82,000 accompanied by stable spot buying, it could initiate a new upward trend.In the altcoin space, SUI rose 12% in 24 hours to $1.26. Mysten Labs co-founder Adeniyi Abiodun revealed that Sui plans to launch confidential transaction features this year to support fee-free private payments. Additionally, Nasdaq-listed Sui Group Holdings (SUIG) previously announced that it has staked most of its reserve SUI, effectively reducing the circulating market supply by approximately 2.7%. (CoinDesk)
Sui Official Releases Post-Mortem of Mainnet Outage: Three Major Failures Caused by Upgrades, No Confirmed Transactions Reverted
Sui Chinese Official released a post-mortem of the mainnet outage, stating that on May 28 (Thursday) and May 29 (Friday), 2026, Pacific Time (UTC-7), the Sui mainnet experienced three network failures. The first two failures stemmed from a crash vulnerability caused by the interaction between the Gas charging logic and the recently released version 1.72 (which introduced the Address Balances feature). The fix for Thursday's incident was a temporary measure aimed at restoring network operations as quickly as possible while the Sui core team developed a long-term solution. The team was aware that this temporary fix had an extremely low probability of causing network failure but accepted this risk to expedite mainnet recovery. On Friday morning, another variant of this known issue was triggered, leading to another failure.The third failure occurred during the routine Epoch transition on Friday afternoon. When validators restarted nodes to deploy Friday morning's fix, a long-dormant defect in the Randomness State preservation was triggered, causing another network failure.Failure timeline: First: Started Thursday around 7:00 PT, recovered at 13:30 PT; Second: Started Friday around 5:00 PT, recovered at 8:30 PT; Third: Started Friday around 13:30 PT, recovered at 19:20 PT;Throughout the entire incident, user funds remained secure, and no confirmed transactions were reverted after network recovery.Currently, validators have fully fixed the original Gas Charging and Randomness State vulnerabilities, and network activity has returned to normal.
Sui Mainnet Suffers Third Outage, Upgrade Vulnerability Identified as Root Cause
According to The Block, the Sui Foundation released an incident report on May 31, disclosing three consecutive outages on its mainnet from May 29 to 30—each traced back to two independent bugs introduced in the v1.72 upgrade. The first two outages were caused by a gas fee calculation error stemming from the newly launched “address balance” feature: funds were deducted even when transactions were canceled, resulting in negative account balances and subsequent validator node crashes. The third outage was triggered by a latent vulnerability in the random number generator during node restarts, preventing the network’s epoch from closing normally. The Sui Foundation stated that all known issues have now been resolved; user funds remained unaffected throughout the incidents, and no settled transactions were rolled back. The Foundation plans to further enhance its fault-tolerance mechanisms to ensure future similar bugs impact only individual transactions—not the entire network.
Sui Mainnet Recovers After Brief Outage, Official Confirms Caused by Gas Billing Vulnerability
Sui officially announced a network outage on its mainnet due to a vulnerability in the Gas billing logic of version 1.72, temporarily halting all transactions and on-chain activities. The Sui Core team has now completed emergency response, and the mainnet has resumed normal operations. The official statement indicated that a comprehensive post-mortem report will be released subsequently, detailing the cause of the incident and the fix.
The Sui mainnet has resumed operations after being suspended due to a crash vulnerability in the gas billing logic.
Sui announced that Sui Mainnet operations, which were suspended due to a crash vulnerability in the gas billing logic introduced in version 1.72, have now resumed. Sui stated that a full post-mortem of this incident will be published in the coming days.
SlowMist Discloses Cross-Registry Supply Chain Attack Targeting Crypto and AI Developers
According to on-chain analyst PeckShield (@PeckShieldAlert), SlowMist’s threat intelligence system MistEye has detected a cross-registry supply chain attack targeting developers. Malicious packages have spread across three major registries—npm, PyPI, and Crates.io—comprising over 34 malicious packages and more than 384 related versions. The attack targets developer communities in cryptocurrency, DeFi, Solana, Sui/Move, and AI. It may lead to the theft of cryptocurrency wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, and other sensitive developer information. Some malicious payloads also attempt persistence via mechanisms including `.cursorrules`, `CLAUDE.md`, Git hooks, cron, systemd, and SSH. SlowMist recommends immediately removing affected packages, isolating compromised systems, rotating exposed credentials, rebuilding CI environments and developer machines from clean images, and conducting comprehensive reviews of GitHub, cloud, SSH, and wallet-related activities.
TrapDoor Cryptocurrency Theft Campaign Spans npm, PyPI, and Crates.io, Involving Over 34 Malicious Packages
According to research by security firm Socket Security, a cryptocurrency-stealing supply chain attack dubbed “TrapDoor” spans npm, PyPI, and Crates.io, involving over 34 malicious packages and 384 related versions and artifacts. The attack targets cryptocurrency, DeFi, Solana, Sui, Move, and AI developers. Attack samples can steal sensitive information including SSH keys, wallet data, AWS credentials, GitHub tokens, browser data, and environment variables. Specifically, npm packages execute the shared payload `trap-core.js` via the `postinstall` hook; PyPI packages execute remote JavaScript upon import; and Crates.io packages steal local keystores via `build.rs`. Socket has flagged all related packages as malicious and reported them to the respective package registries.
WaterX Officially Launches on Sui Mainnet, Offering Perpetual Contracts, Prediction Markets, and Tokenized Stocks
Odaily Odaily reports, according to official Sui news, WaterX has officially launched on the Sui mainnet. Users can now access perpetual contracts, prediction markets, and tokenized stocks (including pre-IPO stocks) within a single account.Additionally, early users who incurred net losses during the testing phase will receive refunds.
DeFi Platform DeepBook: Season 1 Airdrop Claims Are Now Live
DeepBook, a DeFi platform on the Sui ecosystem, announced on X that the first season of its points program has concluded, and DEEP token claims are now open. The first season ran from January 22 to April 17. Users can connect their corresponding wallets to view their allocation and claim tokens.
Sui Official Releases Post-Mortem of Mainnet Outage: Three Major Failures Caused by Upgrades, No Confirmed Transactions Reverted
Sui Chinese Official released a post-mortem of the mainnet outage, stating that on May 28 (Thursday) and May 29 (Friday), 2026, Pacific Time (UTC-7), the Sui mainnet experienced three network failures. The first two failures stemmed from a crash vulnerability caused by the interaction between the Gas charging logic and the recently released version 1.72 (which introduced the Address Balances feature). The fix for Thursday's incident was a temporary measure aimed at restoring network operations as quickly as possible while the Sui core team developed a long-term solution. The team was aware that this temporary fix had an extremely low probability of causing network failure but accepted this risk to expedite mainnet recovery. On Friday morning, another variant of this known issue was triggered, leading to another failure.The third failure occurred during the routine Epoch transition on Friday afternoon. When validators restarted nodes to deploy Friday morning's fix, a long-dormant defect in the Randomness State preservation was triggered, causing another network failure.Failure timeline: First: Started Thursday around 7:00 PT, recovered at 13:30 PT; Second: Started Friday around 5:00 PT, recovered at 8:30 PT; Third: Started Friday around 13:30 PT, recovered at 19:20 PT;Throughout the entire incident, user funds remained secure, and no confirmed transactions were reverted after network recovery.Currently, validators have fully fixed the original Gas Charging and Randomness State vulnerabilities, and network activity has returned to normal.
Sui Mainnet Suffers Third Outage, Upgrade Vulnerability Identified as Root Cause
According to The Block, the Sui Foundation released an incident report on May 31, disclosing three consecutive outages on its mainnet from May 29 to 30—each traced back to two independent bugs introduced in the v1.72 upgrade. The first two outages were caused by a gas fee calculation error stemming from the newly launched “address balance” feature: funds were deducted even when transactions were canceled, resulting in negative account balances and subsequent validator node crashes. The third outage was triggered by a latent vulnerability in the random number generator during node restarts, preventing the network’s epoch from closing normally. The Sui Foundation stated that all known issues have now been resolved; user funds remained unaffected throughout the incidents, and no settled transactions were rolled back. The Foundation plans to further enhance its fault-tolerance mechanisms to ensure future similar bugs impact only individual transactions—not the entire network.
Sui Mainnet Has Resumed Operations; Official Announces Cause of Network Downtime
Sui announced that the mainnet has resumed normal operations and user transactions are being processed again. The official attributed this outage to an anomaly in random number initialization and issues related to state persistence during the epoch transition.
Sui Mainnet Paused Processing User Transactions Due to Abnormal Epoch Transition
The Sui mainnet encountered an issue during the epoch transition and has temporarily halted user transactions. The core team is investigating the root cause.
Related news
WaterX Officially Launches on Sui Mainnet, Offering Perpetual Contracts, Prediction Markets, and Tokenized Stocks
Odaily Odaily reports, according to official Sui news, WaterX has officially launched on the Sui mainnet. Users can now access perpetual contracts, prediction markets, and tokenized stocks (including pre-IPO stocks) within a single account.Additionally, early users who incurred net losses during the testing phase will receive refunds.
Solana DEX Weekly Active Traders Surpass 1.2 Million, Ranking First Among All Public Chains
Odaily News, Dune data shows that as of the latest statistics, the number of weekly active traders on Solana's on-chain DEX is approximately 1.24 million, continuing to rank first among all public chains.Data reveals that during the same period, BNB Chain had approximately 624,000 weekly active DEX traders, Polygon had about 410,000, Base had around 209,000, and Ethereum had approximately 78,000. Networks such as World Chain, Sui, Arbitrum, Celo, and Optimism each had fewer than 30,000 weekly active DEX traders.Although it has significantly declined from the peak of over 4.5 million at the beginning of 2025, Solana's current scale of weekly active DEX traders still exceeds 1 million, roughly twice that of BNB Chain. In response, crypto KOL Adam stated: "Putting price factors aside, Solana DEX still has over 1 million active traders every week. If you're still here, know that there are many others persisting alongside you."
Sui: Confidential transfers now open for public testing on Sui Devnet
Sui announced on X platform that confidential transfers are now open for public testing on Sui Devnet, where transfer amounts and balances remain private, with controlled visibility for compliance and auditing purposes.
United Nations Development Programme Establishes Blockchain Advisory Panel, Collaborating with Multiple Public Chain Foundations and Crypto Institutions
Odaily News The United Nations Development Programme (UNDP) has officially announced the establishment of a Blockchain Advisory Panel to promote the application of this technology in global development and public services. Panel members include the foundations of seven major public chains: Algorand, Arbitrum, Avalanche, Cardano, Ethereum, Stellar, and Sui, as well as industry institutions such as Kraken and Cointelegraph. This initiative signifies a deepening collaboration between the UN system and the blockchain industry, which will focus on directions such as financial inclusion, identity verification, supply chain traceability, and sustainable development to explore the practical value of digital technologies. (Cointelegraph)
DeFi Platform DeepBook: Season 1 Airdrop Claims Are Now Live
DeepBook, a DeFi platform on the Sui ecosystem, announced on X that the first season of its points program has concluded, and DEEP token claims are now open. The first season ran from January 22 to April 17. Users can connect their corresponding wallets to view their allocation and claim tokens.
Kalshi applies to launch perpetual futures for 12 tokens including Ethereum, XRP, Solana, and Dogecoin
Prediction market platform Kalshi has submitted a self-certification application to launch derivatives linked to Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. This follows the CFTC's approval of Bitcoin perpetual futures last Friday. The CFTC stated that perpetual futures products that US companies intend to list, other than Bitcoin, will be reviewed on a case-by-case basis, and noted that the design of such derivatives may not be suitable for all asset classes. Therefore, this batch of products submitted by Kalshi has not yet been approved.