Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

The network was recently plunged into a multi-hour blackout, raising reliability concerns.

Sui Network experienced a brief outage due to a bug in congestion control. Swift action by engineers and validators restored operations within minutes, highlighting effective incident response.

Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).

Sui's ecosystem is evolving with the introduction of native stablecoins, reshaping DeFi and unlocking new opportunities. Explore the impact of USDY, AUSD, USDC, and FDUSD.

Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.

Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.

Hyve, a data availability protocol secured by the permissionless shared security platform Symbiotic, has announced a collaboration with Lido to introduce wrapped stETH as its first collateral.

Earlier today, the Layer-1 blockchain Sui experienced a two-hour blackout, halting block production and rendering transaction processing impossible. This network outage led to a slight dip in SUI's price, falling from $3.73 to $3.64.

Sui Network resumed operations after a two-hour outage.

SUI's network had a two-hour network outage, followed by a shorter 29-minute block lag on November 21. The chain had an all-time high record for transactions per second, which led up to a bug for validators to produce and propagate blocks.

Sui Network experienced its first major outage Thursday, grinding the network to a halt for two hours due to a bug.

Sui, decentralized Layer-1 blockchain. faced a two-hour outage early on November 21 before recovering.

The Sui network experienced an outage, halting block production for over 2 hours.

STX is showing strong breakout potential, with key resistance levels in focus for future gains.

The downtime had immediate repercussions for Sui (SUI), the blockchain's native cryptocurrency with its value dropping 11%.

Sui Network dubbed the ‘Solana (SOL) killer,' suffered a major outage on November 21, which halted block production for over an hour.

For 51 minutes, blocks were not produced and transactions were not processed.

At press time, the SUI status page had confirmed that block production had resumed.

SUI price tanked after the incident but quickly recovered.

The downtime was caused by a bug in its transaction scheduling.

Decentralized Layer-1 blockchain Sui Network faced a major downtime with no blocks produced in the last few hours. The data from Suivision showed that the network faced a “major outage” as some validators faced problems with approving transactions.

TL;DR On November 21, 2024, the Sui blockchain experienced a significant outage, halting block production for over an hour and causing widespread concern among users and stakeholders. The outage led to an 11% drop in the SUI token's value, with major exchanges like Upbit temporarily disabling SUI deposits and withdrawals to protect users.

Layer-1 blockchain, Sui, has confirmed that its network is currently down and unable to process transactions. In a Nov. 21 statement, the team behind Sui identified the issue and announced that a fix would be deployed shortly.

The Sui blockchain experienced a significant outage today, halting block production for over an hour due to issues with validators, raising concerns about the network's stability and prompting investigations by the development team. The post Breaking: Sui Network Crashes for Over an Hour, Block Production Halted appeared first on Cryptonews.

The Sui Network is suspected to be down for more than two hours. The protocol has not produced any new transaction blocks since Nov. 21 UTC 9:15.

The Sui network has ceased block production for over two hours, leading to a sharp decline in the token's price. Data from suivision and suiscan indicate that block generation stopped at 09:15 UTC today, and the network has yet to resume normal operations.

Sui Network, a Layer 1 blockchain, has been down for nearly two hours. The team appears to be investigating the issue.

A federal court in California has ruled that members of Lido DAO, the decentralized autonomous organization (DAO) behind the popular Lido staking protocol, are legally liable under the state's partnership laws. This ruling marks a significant step in the ongoing efforts to clarify the legal status of decentralized organizations within the United States and could have broad implications for the crypto space.

Exchanges like the South Korean crypto exchange Upbit have temporarily disabled SUI deposits and withdrawals amid the network outage.

The South Korean crypto exchange Upbit had temporarily disabled SUI deposits and withdrawals amid the network outage.

MemeFi addressed token-claiming concerns, established cooperation with OKX and Sui, and announced major exchange listings and giveaways.

The crypto market is witnessing a strong upward trend, fueling optimism among investors seeking lucrative opportunities. Several affordable crypto to buy under $10 have emerged as potential game-changers for generating significant profits.

HARD.fun democratizes meme coin creation with AI, eliminating coding barriers and enabling anyone to launch cross-chain tokens.

Binance announces support for Kava (KAVA) network upgrade, suspending deposits and withdrawals temporarily. Trading remains unaffected during the upgrade process.

The Injective (INJ)Summit in Bangkok attracted nearly 1,000 attendees and featured over 30 industry leaders, showcasing pivotal innovations in finance.

By leveraging the Kava AI chatbot, HARD.fun has democratised meme coin creation by removing the existing barriers.

A significant legal development occurred for Lido DAO as the U.S. District Court for the Northern District of California ruled against the decentralized autonomous organization (DAO) in a high-stakes lawsuit. Lido DAO had argued that it was not a legal entity and, therefore, could not be held accountable in court.

As the year 2024 is coming to an end, an overview of the best-performing tokens is a must. Prepare for 2025, or re-evaluate your 2024, here is your chance!

Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.

A recent ruling by the U.S. District Court for the Northern District of California has determined that Lido DAO, a cryptocurrency staking platform, qualifies as a general partnership under state law.

Lido DAO's efforts to shrug off a securities case have fallen through.

A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking.

An unlikely outcome has resulted in a case reported by an investor against Lido DAO. The court has ruled that since Lido DAO is an association of more than two persons, it falls under partnership laws.

Judge Vince Chhabria, in his ruling, raised concerns about whether individuals in the cryptocurrency industry can avoid legal accountability by using unconventional legal structures to profit from innovative financial instruments.

This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.

Story Highlights The Sui price achieved a new ATH of $3.51. Technical indicators hint at a potential surge toward a high target price. EMA 50-day records a strong bullish support in the daily time frame. The Sui cryptocurrency has successfully achieved a new all-time high (ATH) of $3.51 during the early Asian trading hours.

With the crypto market briefly reaching the $3 trillion mark, the upside potential is uncharted in the crypto industry. Amid such conditions, many new altcoins are creating new all-time high levels and continuing to soar. However, smart money is on the lookout to find the next big thing in the crypto world.