News
1 Jun 2026, 11:00
Sui’s three outages expose ‘blast radius’ risk – Is the 15% drop in price a start?

Were these outages indications of more serious architectural issues or just uncommon edge cases?
1 Jun 2026, 10:55
Strategy’s STRC Holds Steady at 11.5% Dividend for Fourth Month, Signaling Stability

BitcoinWorld Strategy’s STRC Holds Steady at 11.5% Dividend for Fourth Month, Signaling Stability Strategy (MSTR) has held the dividend rate on its preferred stock, STRC, at an annualized 11.5% for the fourth consecutive month, according to a report by CoinDesk. The decision reflects a period of price stability for the stock, which has remained near its $100 par value, reducing the need for a rate adjustment. STRC Price Stability Supports Dividend Decision STRC, which pays a variable monthly dividend, closed the previous month at $99.62, just shy of its $100 par value. This follows a low of $97.11 earlier in the month. The stock’s ability to recover and trade near par has allowed Strategy to maintain the existing dividend rate without raising it to attract buyers or lowering it to reflect a premium price. The dividend mechanism is designed to be self-regulating: the rate increases when STRC trades below par to boost demand, and decreases when it trades above par to manage costs. The current stability suggests a balanced market perception of the stock’s value. Funding Bitcoin Purchases Through STRC STRC serves as a key funding source for Strategy’s Bitcoin acquisitions. The company only uses proceeds from STRC sales when the stock trades above $100 to purchase additional Bitcoin. This approach allows Strategy to raise capital without diluting its common stock or taking on debt, aligning with its long-term strategy of accumulating Bitcoin. Implications for Investors For holders of STRC, the maintained dividend rate provides predictable income, though the variable nature means future adjustments are possible based on market movements. The stock’s recent price action suggests that investors are comfortable with the current yield and the underlying strategy of using proceeds for Bitcoin purchases. Strategy’s continued reliance on STRC as a funding mechanism underscores its commitment to Bitcoin accumulation, even as the broader market navigates regulatory and price volatility. The stability of the dividend may also signal confidence in the company’s cash position, from which dividends are paid. Conclusion Strategy’s decision to keep the STRC dividend at 11.5% for a fourth month highlights a period of equilibrium for the preferred stock. As the company continues to use this instrument to fund Bitcoin acquisitions, the stability of the dividend rate offers a measure of predictability for income-focused investors while supporting Strategy’s broader digital asset strategy. FAQs Q1: What is the STRC dividend rate? STRC pays a variable monthly dividend targeting an annualized rate of 11.5%. The rate adjusts based on the stock’s trading price relative to its $100 par value. Q2: Why did Strategy keep the dividend unchanged? The stock traded near its $100 par value for the month, closing at $99.62. This price stability eliminated the need for a rate increase to support the price or a decrease to reflect a premium. Q3: How does STRC fund Bitcoin purchases? Strategy uses proceeds from STRC sales only when the stock trades above $100. The funds are then used to acquire additional Bitcoin, supporting the company’s accumulation strategy. This post Strategy’s STRC Holds Steady at 11.5% Dividend for Fourth Month, Signaling Stability first appeared on BitcoinWorld .
1 Jun 2026, 10:51
Bitcoin Price Prediction: $73.5K Retest Keeps the Next Move on Edge

Bitcoin is retesting a key support zone near $73,500 after pulling back from the low $80,000s. Analysts say BTC remains neutral for now because selling volume is still low, but a clean break below this zone could shift pressure back toward $70,000. Bitcoin Price Retests Key Support Zone as BTC Faces Major Decision Point Bitcoin is retesting a major support and resistance zone on the three-day chart, according to a setup shared by Daan Crypto Trades on X. The analyst called it “the retest that matters,” pointing to the green horizontal area that has acted as an important reaction zone several times since 2024. Bitcoin Three-Day Chart. Source: Daan Crypto Trades on X The chart shows BTC trading near the $73,500 area after pulling back from the low $80,000s. Price has returned to the same green zone that previously acted as resistance before later becoming support. This area matters because Bitcoin reacted from it several times in the past. The chart marks earlier touches with gray circles, showing how price either rejected from the zone or bounced after reclaiming it. BTC is now testing the zone again after a sharp pullback. If buyers defend this area, the chart could support another recovery attempt toward the $78,000–$82,000 range. However, a clean break below the green zone would weaken the structure. In that case, sellers could push BTC back toward the lower range near the $70,000 area. For now, Bitcoin is at a key retest point. The next move depends on whether this old resistance-turned-support zone holds or fails. Bitcoin Price Holds Neutral Range as Selling Volume Stays Low Bitcoin showed a slight decline on several one-hour exchange charts, but selling volume remained limited, according to a chart shared by CW on X. The analyst said BTC remains in a neutral state because the latest move lower has not come with strong sell-side volume. Bitcoin Volume Chart. Source: CW on X The chart compares Bitcoin price action across Coinbase, Binance perpetual futures, Binance spot, and OKX. All four panels show BTC moving lower earlier before entering a sideways range near the $73,500 area. The latest candles show only a small pullback. The volume bars also appear lighter than during the earlier decline, which suggests sellers have not added strong pressure. CW said the selling volume is small. That means the decline has not confirmed a stronger bearish move yet. The lower indicators on the chart also show mixed behavior across exchanges. Some readings moved slightly negative, but none showed a large fresh breakdown. For now, Bitcoin remains stuck inside a short-term neutral range. Buyers have not pushed price back toward the previous highs, while sellers have not shown enough volume to force a deeper move.
1 Jun 2026, 10:50
XLM Outpaces XRP Again as Stellar Rally Nears 100% Gain Since DTCC Deal

XLM surged past $0.27 early June 1—yielding brief 24-hour gains of 14%—before a market-wide sell-off trimmed its daily gains to 5%. Alongside Hyperliquid and TRON, XLM was one of the few top 20 digital assets to post gains on a day the aggregate market fell 1.4%. XLM Defies Market Sell-off On June 1, XLM surged
1 Jun 2026, 10:50
Sui Explains What Caused Its Three Consecutive Mainnet Disruptions

Sui experienced three mainnet outages on May 28 and May 29 tied to its v1.72 release. Two halts came from a gas-charging bug exposed by the new address balances feature. The third halt followed a latent randomness bug triggered during validator restarts. The Sui Foundation published its full review of the three mainnet outages that knocked the network offline across May 28 and May 29, 2026. The firm claimed that the disruptions were caused by two distinct bugs in the v1.72 software release. The post-mortem confirmed that the first two halts shared the same root cause, while a third halt was triggered by a latent randomness-state bug exposed during validator restarts. The first outage began at around 7 a.m. PT on Thursday, May 28, and ended at about 1:30 p.m. PT the same day. The second halt ran from roughly 5 a.m. PT to 8:30 a.m. PT on Friday, May 29. The third outage began at around 1:30 p.m. PT on Friday and ended at about 7:20 p.m. PT. The Foundation said no user funds were at risk across the three events and the network did not revert any committed transactions when it resumed. SUI , the network’s native token, trades at $0.8776, down 2.6 percent on the day, 15.7 percent over the past week, and 73.0 percent over the past year. Gas-Charging Bug Drove the First Two Sui Outages The v1.72 release added a feature called address balances, which gives users a new way to store funds and pay for gas without using coin objects. Sui transactions can now pay for gas using an address balance on its own, coin objects, or a mix of both, which the team calls hybrid gas. For transactions paying with coin objects or hybrid gas, the runtime performs gas smashing before charging the transaction. The process combines all input coins into a single coin that is then debited for gas. The step runs for transactions that execute successfully and for transactions that are cancelled. The root cause of the first two outages sat at an edge case inside the hybrid gas path. If a reservation attempted to overdraft an address balance during the budget check, the attempt was blocked and the transaction was cancelled with an InsufficientFundsForWithdraw error. The Foundation said the crash did not happen during gas smashing itself. Using an address balance in a transaction emits balance deltas that are reconciled by a system settlement transaction. The crash came from a negative delta produced by the cancelled-but-still-smashed gas being applied to a zero balance during settlement. The condition could only happen when two transactions hit the scheduler at the same time and competed to spend funds from an address balance that could not cover both. The scheduler cancels one of them with InsufficientFundsForWithdraw to prevent the overdraft, but the cancelled transaction still debited funds through gas smashing. Interim Fix Came With a Known Risk That Triggered the Second Halt The fix the core team proposed on Thursday afternoon stopped the system from smashing gas when a transaction was cancelled with InsufficientFundsForWithdraw. Enough validators adopted the patch to bring the network back at about 1:30 p.m. PT, with the team accepting a known risk attached to the interim approach. The Foundation said gas logic changes are delicate work. Address balances interact with coins in complicated ways. Changes must either preserve all previous behavior or apply version gating, since nodes can fork while replaying old transactions under new logic. Sui’s gas charging also includes conservation checks that prevent any transaction from creating or destroying SUI. Skipping the step that credits any charged funds to the appropriate place would cause a crash. Charging expensive transactions also serves as a key piece of denial-of-service protection. The interim fix had a shortcoming that the team flagged when it shipped. A transaction can carry multiple reasons for cancellation, and one reason can override the others. A transaction using address balances might be cancelled because too many higher-priority transactions are queuing to touch the same hot shared object, then also be cancelled for InsufficientFundsForWithdraw when another transaction spends from the same address balance. In that scenario, the InsufficientFundsForWithdraw error gets masked by the other error, bypassing the patch and triggering the same underflow. That exact scenario hit the network on Friday morning, leading to the second outage. The team was close to completing a more durable fix at the time and finished in time to propose the new patch to validators by about 8 a.m. PT. Enough validators adopted it to bring Sui back up by 9:40 a.m. PT. Randomness State Bug Caused the Third Sui Halt The network ran normally from 9:40 a.m. PT until about 1:30 p.m. PT on Friday, when the scheduled epoch change failed to complete and the network halted a third time. The Foundation said the third halt came from a latent bug whose conditions were set by the previous restart cycle. At the start of each epoch, Sui validators run a distributed key generation, or DKG, protocol that bootstraps the random beacon used by transactions that depend on on-chain randomness. The DKG requires a higher participation threshold than normal consensus. If participation falls short, randomness disables itself for the rest of the epoch as designed. When validators restarted to install the Friday morning fix, participation for the next epoch’s DKG was not high enough, and the protocol disabled itself. The latent bug meant the failure verdict was never written to disk. As further restarts followed, each validator came back up unaware that DKG had failed. Randomness-dependent transactions expect to either execute or be cancelled. With validators no longer holding the record that DKG had failed, neither could happen. The paused queue grew, and the end-of-epoch logic, which has to drain that queue before closing, was left waiting on a DKG that would never arrive. The fix carried two parts. The first piece corrected the bug and added logic to persist DKG status across restarts. The second piece added a mechanism that lets validators close a stuck epoch at a coordinated point. The team used the new mechanism once to close the affected epoch. The network then moved into the new epoch normally, and randomness was restored. What the Sui Team Took From the Three Outages The foundation set out four takeaways from the week. End-of-epoch resilience was the first, with the team noting that the existing safe-mode fallback for epoch transitions may be too narrow. The Foundation said the ecosystem needs to extend graceful-degradation patterns across the rest of the reconfiguration path and turn the force-close mechanism into a standing operational capability. The second takeaway covered the gas-charging logic itself. The crashes in parts one and two both stemmed from bugs in gas charging, a corner of execution that interacts with the address-balance settlement system, conservation checks, and the scheduler. The team said the logic is now complex enough that edge cases are hard to rule out by inspection alone. Coming out of the incident, the Foundation said gas charging deserves the same code-quality bar as the Move VM or the Mysticeti consensus engine. The third takeaway covered AI tooling. AI agents with access to production state, capable of querying validator logs interactively, inspecting cluster state, and assembling metrics on demand, materially accelerated diagnosis during the week’s incidents. The fourth takeaway covered failure containment. The crashes in the first two outages were each triggered by specific inputs the validators could not process safely. The Foundation said the system lacks a defense-in-depth layer that would bound the blast radius of such a crash.
1 Jun 2026, 10:50
Crypto players lose $68.3 million to exploits and scams in May 2026

The crypto industry lost approximately $68.3 million to exploits and scams across 60 confirmed incidents in May 2026, according to the latest monthly report from blockchain security firm CertiK. The figure brings the month in as the third in 2026 where monthly losses were under $100 million. Phishing alone accounts for around $2.6 million of the total. Funds returned across the same period reached $9.38 million, partially offsetting the gross loss figure. The May numbers come in well below the heavy April losses . Crypto sector records 60 incidents across May The CertiK report counted 60 separate incidents through the month, the highest monthly count of 2026 so far. The figure runs above the 50 incidents seen in February, the 55 logged in March, and the 58 recorded in April. The January count had been 48 incidents. #CertiKStatsAlert 🚨 Combining all the incidents in May we’ve confirmed ~$68.3M lost to exploits with ~$2.6M of the total attributed to phishing. After a particularly bad April, May is now the third month of 2026 to record losses under 100M$. More details below 👇 pic.twitter.com/GSWTLKXWDH — CertiK Alert (@CertiKAlert) May 31, 2026 Total May losses came in at the $68.3 million figure, lower than April’s $547.3 million and below the $97 million logged in January. February and March had also recorded losses under $100 million and March posted the lowest dollar figure of the year so far at $38 million. Phishing losses moderated through the month at $2.6 million, the second-lowest figure of 2026 to date. January had posted $331.3 million in phishing losses, with February at $86.1 million and March at $21.6 million. The April phishing figure had fallen to $7.5 million before the May reading. Verus and Thorchain lead the monthly loss list The Verus attack was rated first in terms of monthly losses at $11.52 million, while the Thorchain attack was second at $10.12 million, and both attacks comprised almost one-third of the monthly total. Third, fourth, and fifth spots in the list of greatest loss incidents went to TrustedVolumes at $6.58 million, Victim 0x2cFED at $5.94 million, and Gravity Bridge at $5.40 million. All five biggest incidents in the period under analysis brought total losses amounting to $39.55 million, almost half of the total loss figure. A number of less significant incidents made up the rest of the top ten by losses. Stablr incurred monthly losses at $3.50 million, while New Market Trading suffered losses totaling $3.10 million. TAC, Ossie, and Haveno/RetoSwap all had losses at $2.80 million and $2.70 million. Code vulnerabilities drive crypto losses by category By category, code vulnerabilities accounted for $45.13 million of the monthly losses, equal to around 66 percent of the total. Wallet compromises followed at $13.77 million, with validator compromises at $5.40 million and phishing at $2.66 million. Backend incidents posted the smallest category figure at $0.82 million in losses. The category breakdown points to smart contract code as the main attack surface during the month. The dominance of code vulnerabilities runs against the pattern seen in some earlier months of 2026. January’s hardware wallet hack of $282 million had been a wallet compromise, while April’s Drift Protocol breach of $285 million had run on social engineering against admin keys. By incident type, bridge exploits drew the largest dollar figure at $28.62 million. DeFi protocol incidents came in second at $23.92 million, with meme token incidents at $1.34 million and exchange-related losses at $1.09 million. Unverified contract incidents added $0.74 million to the monthly total. Funds returned total $9.38 million against gross losses The May report also tracked recoveries across the month. Funds returned came to $9.38 million against the $68.3 million in gross losses, equal to around a 13.7 percent recovery rate. This is in line with a trend emerging across 2026 where certain compromised projects have succeeded in recovering some amounts of funds that were stolen. From the KelpDAO bridge hack in April, where Arbitrum froze about $75 million out of the $292 million stolen, along with law enforcement efforts, to Operation Atlantic that disrupted the flow of about $45 million from cryptocurrency scams. As per the May report, the total losses incurred during 2026 up to the end of May amount to almost $1.3 billion, with April having accounted for nearly half of that loss amount itself. If you're reading this, you’re already ahead. Stay there with our newsletter .










































