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29 May 2026, 20:25

Sui halts block production twice in 2 days for 9.5 hours

🚨 Sui stopped block production for 9.5 hours across two days. Both outages were caused by software and validator errors in $SUI. Continue Reading: Sui halts block production twice in 2 days for 9.5 hours The post Sui halts block production twice in 2 days for 9.5 hours appeared first on COINTURK NEWS .

29 May 2026, 18:31

You Can Now Read the US Constitution via the Bitcoin Blockchain

One of America's most important historical documents will forever be inscribed on a Bitcoin block, thanks to someone's $83 transaction fee.

29 May 2026, 16:13

Sui Network Encounters Successive Outages With Reliability Concerns As Scaling Push Continues

The Sui blockchain network is facing increased scrutiny following two consecutive days of mainnet outages, which raises serious questions about the network’s operational reliability at a critical time in its expansion. The primary communication channel for the network confirmed there were serious outages, forcing the mainnet to suspend activity and disrupt transaction flow. Such network activity may be paused due to ongoing technical issues, read a status update from the team. The event was designated a “Major Outage” by Sui Status and traced to faults occurring in the settlement mechanisms of its mainnet. Sui mainnet is currently experiencing a network stall. Network activity may be paused at this time. The Sui Core team is actively investigating. Updates and incident review will be shared as soon as they are available. — Sui (@SuiNetwork) May 29, 2026 Block explorers worldwide showed just how bad the outage was during its peak, no new blocks were mined for more than an hour, effectively bringing the chain to a standstill, blocking users from performing transactions. These types of halts highlight the obstacles new networks face, especially when it comes to maintaining security with increasingly complicated and constantly changing tech stack in a network planning to serve as a layer-1 high-performance solution. Initial Outage Tied to Bug in Gas Logic New Release The first significant outage was on May 28 when the Sui network halted for around five or six hours. One of the incidents was subsequently traced back to a bug in the gas charging logic within the 1.72 network release that had been newly deployed, which caused a crash-inducing error to occur. Activity on Sui mainnet has resumed after a halt due to a crash bug in the gas charging logic introduced by the 1.72 release. A full incident review will be shared in the coming days. — Sui (@SuiNetwork) May 28, 2026 This bug affects the foundations on which blockchain naturally operates, namely how transaction fees are processed & calculated. If the gas logic does not work, consensus protocols may fail as validators are unable to consistently process transactions thus halting block production altogether. Software updates are critical to improving performance and user experience, but with them, there will always be risks attached. But in this case the update seems to have had some pretty nasty unintended consequences that reverberated through the core processes of the network. It also points out a wider problem around blockchain development, a deployment that behaves as expected in test environments with no value moving, and can react quite differently when live economic activity is taking place. Second Outage Adds To Growing Stability Concerns Crisis The second, shorter outage followed on May 29, just one day after the first. While not as deep some of those events were more back-to-back, exacerbating concerns in the community. Multiple outages in short succession result in more rapid confidence loss than stand-alone ones. As with all developers building on the platform, infrastructure consistency is important; as for users, reliability is a given. The second outage was shorter but it was nevertheless a reminder the system remained vulnerable nearly two months after that initial breakdown. Funds Are Safe — Network Recovery Confirms Regardless of those interruptions, Sui confirmed that regular operations of the full network have resumed and there was no risk to user funds at any point. Most importantly no assets were lost during either down time, a vital source of comfort to both retail consumer and institutional players. The network’s halting mechanism against an unsafe state operated as intended. Instead of letting your transactions go through when they should not (or a new invalid transit between nodes) it basically held you up until all is back in order. This method demonstrates a conscious prioritization of security at the expense of uninterrupted uptime, a compromise that most modern blockchains navigate. Sure, outages can disrupt service but protecting users’ assets is the most important. The Sui team has also promised to publish a detailed post-mortem report in the next few days, which is likely to provide insight into the root causes and preventive measures. Questions on Reliability As Adoption Grows These outages mark Sui’s second major downtime in 2026, after reaching around six hours of downtime earlier this January. While broader adoption from both decentralized finance (DeFi) and gaming sectors remains the goal, a growing number of reliability concerns can no longer be ignored by anyone but ardent diehards. The general idea behind high-performance blockchains, however, is that they generally run near the technical limits, pushing the boundaries of speed, throughput and scalability. The downside of this kind of optimizations is that they can make code more convoluted, and thus lead to increased sensitivity for bugs and edge cases. The main issue for Sui is managing the fine line between innovation and running a safe operation. With your applications deploying in ever-greater volume and user activity increasing, costs of downtime start to skyrocket. Predictable infrastructure is required by developers, and seamless interactions are expected by users. Even with a bag in hand, repeated outages can drive the decision of where developers build and what liquidity flows through the ecosystem. Growing Pains Or Structural Challenge For High-Performance Chains? But above all, the recent outages bring forward a more general question on what next-gen blockchain design is sacrificing. Are these disruptions the birth throes of something much larger and scalable, or do they highlight systemic weaknesses? This challenge has historically also faced many ultra-high-performance networks as they first adopted. Fast iterations, constant software updates and difficult-to-execute environments all lead to the situations where bugs are able to get through into live systems. At the same time, a constant uptime is an important metric that remains vital for long-term success. Rival platforms are constantly improving and reliability, and users have no patience for repeated outages. The months ahead will prove crucial for Sui. Confidence can only be restored by a clear post-mortem response and strong rectifications, while operations keep running steadily. The technology has a lot of promise, and the ecosystem keeps expanding; still, reliability is baseline, not a feature in a competitive blockchain space. Given Sui’s aggressive push into DeFi and gaming, the ability to maintain 100% uptime may be an important predictor of how quickly the network can gain traction. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

29 May 2026, 13:20

Are SoFi Technologies bulls here? 2 factors say near-term looks bullish

More on Sofi SoFi Is Down 50% - I'm Buying More SoFi Technologies, Inc. (SOFI) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript SoFi: Lackluster Fundamentals And Tough Valuations Vs Oversold Stock SoFi's bank-issued US dollar stablecoin available to trade on app The surge in Treasury yields puts these stocks in the spotlight

29 May 2026, 11:35

OpenAI taps Japan’s Datasection to expand across Asia

Datasection on May 29 revealed that its TAIZA platform has been integrated with OpenAI’s API to manage enterprise workloads using a controlled deployment model. This setup will allow the system to route requests to OpenAI’s models via Datasection’s software layer. It won’t have to directly access OpenAI’s cloud endpoints. This comes in as the Japanese neocloud operator ramps up GPU capabilities in several nations. This integration may indicate OpenAI’s first deployment of model inference on a non-Microsoft cloud setup. OpenAI pushes beyond Microsoft cloud OpenAI and Microsoft had an updated partnership agreement signed in April 2026. It allowed the AI giant to distribute its products across various cloud providers. However, it’ll have to maintain Microsoft as its primary cloud partner. It grants the software company non-exclusive licensing rights to OpenAI’s models until 2032. The updated partnership has removed the limitations imposed. Earlier, it confined OpenAI largely to Microsoft Azure . This enabled a broader distribution among other cloud providers like AWS and Google Cloud, where needed. As of now, the AI company can serve all of its products to customers across any cloud provider. Microsoft will still continue to host a huge amount of OpenAI’s workload on Azure and remains a major shareholder. The Datasection partnership appears to align with the API-level distribution model rather than any alteration in OpenAI’s infrastructure deployment. Its primary method for delivering its model will be through the application programming interface. OpenAI has also been expanding its regional data residency options across Asia since 2025. This includes Japan, Singapore, India, and South Korea. Its integration with Datasection is seen as a trend of models being embedded into third-party enterprise platforms. Datasection shares jump 20% amid OpenAI deal The Japanese company is reportedly increasing its AI computing capacity in Australia and Thailand, too. It is building what it calls a multi-country GPU infrastructure network. As of May 2026, its GPU capacity exceeded 20,000 units. Its AI infrastructure business started in September 2025. The rapid growth in monthly sales from October came in and hit 4.5 billion Japanese Yen (approx $28.25 million). The company’s expansion completely relies on NVIDIA-based systems. It holds 5,000 GPUs in Japan, 10,000 in Australia, and 5,000 in Thailand. Data from the Tokyo Stock Exchange shows that the Datasection share price jumped by almost 20% in a day. It traded at 6,140 Yen at the press time. The company’s AI strategy is to consolidate computing infrastructure and enterprise deployment tools into a single platform. Datasection CEO Norihiko Ishihara stated that the partnership with OpenAI marks a crucial step in aligning regional infrastructure with evolving sovereign AI requirements. The collaboration aims to connect advanced AI systems with the needs of enterprise and public-sector deployments across the Asia-Pacific. OpenAI has not released any separate statement regarding the Datasection integration. In its public disclosures, the company continues to stress API-based distribution and partner-led deployment as its core enterprise strategy. The smartest crypto minds already read our newsletter. Want in? Join them .

29 May 2026, 11:30

Ripple CLO Says Crypto Is Becoming Part Of America’s Financial Default Setting

Ripple Chief Legal Officer Stuart Alderoty said crypto is moving deeper into mainstream American finance, citing a new National Cryptocurrency Association report that found 67 million Americans now own or use digital assets.Speaking with NYSE on May 28, Alderoty, who also serves as president of the National Cryptocurrency Association, framed crypto adoption as increasingly less about a separate financial system and more about the gradual integration of digital assets into everyday payments, investing, custody and treasury infrastructure. Alderoty said Ripple’s role in that shift is tied to its enterprise focus. He described the company as a provider of crypto infrastructure for large and medium-sized businesses looking to add payments, custody, tokenization, liquidity or treasury management capabilities. Ripple, he said, has become “a one-stop shop” for enterprises adopting crypto into their platforms. Ripple CLO Says Crypto Has Hit Mainstream America The broader argument, however, centered on the NCA’s latest State of Crypto Holder Report. Alderoty said the association partnered with Harris Poll for the second year in a row and surveyed 40,000 Americans, a sample size he called “enormous” for this type of research. “We found that 67 million Americans today own or use crypto,” Alderoty said. “So, crypto is no longer a niche product. I think it is creeping more into the mainstream.” The report also found that 12 million more Americans entered the crypto economy over the past year, based on the comparison between the 2025 and 2026 State of Crypto Holder reports. Alderoty said that growth is not concentrated in the industry’s older stereotypes of Silicon Valley engineers, financial technologists or “crypto bro” early adopters. Instead, he pointed to a broader demographic spread. “That growth is coming from women,” Alderoty said. “It’s coming from construction workers. It’s coming from manufacturing employees.” For the Ripple CLO, that matters because it suggests crypto adoption is becoming less geographically and culturally concentrated. He said the NCA’s website includes an interactive map showing where crypto holders live across the United States, including state-level and congressional district-level data. The takeaway, he argued, is that crypto holders are distributed across the country rather than clustered in a few technology or finance hubs. Alderoty also tied the adoption trend to the increasing overlap between traditional finance and crypto. He said users are no longer being forced into a binary choice between digital assets and legacy financial services. Instead, he argued, the two are beginning to merge inside familiar financial apps and consumer interfaces. “It’s not an either or,” the Ripple CLO said. “It’s not where you either use crypto or use traditional financial services. I think we are now in a world where we’re using both, and both are becoming interchangeable and interoperable.” That interoperability, in his view, will define the next phase of adoption. Alderoty compared the process to the smartphone transition, arguing there was no single moment when consumers collectively abandoned flip phones. The change happened incrementally because the technology became useful enough to fade into daily life. He said crypto may follow a similar path as traditional finance platforms make digital assets available through products that consumers already use. In that model, crypto does not need to announce itself at the point of sale. It becomes one more funding source inside a broader financial stack. “I’m going to be able to show up at the Walmart checkout registry and use my OnePay app,” Alderoty said. “And I can set that OnePay app to say, ‘Do I want to pay in cash? Do I want to pay using my debit card? Do I want to pay using my credit card? Or do I want to pay using my crypto wallet?’ And that transaction will be sort of all happening behind the scenes.” The Ripple CLO added that consumers would not need to make “some big announcement” that they are paying with crypto. Instead, he said, it could become as seamless as tapping with Apple Pay . The NCA report also broke down adoption by age. Alderoty said 18% of new holders are between 18 and 24, while 28% of holders are older than 55. That split gives the report a wider generational signal: younger users are entering a financial world where crypto already exists as part of the product suite, while older users are also adopting the technology rather than sitting outside the market. Alderoty said the industry remains young at roughly 15 years old, but argued that Gen Z, millennials and Gen X users will increasingly treat crypto as a normal part of finance. “They’re never going to grow up in a world where crypto was not part of the financial suite of products that they can use,” he said. At press time, XRP traded at $1.32.