Despite a fix from Sui core developers, the Sui Foundation has not provided details on what triggered the network outage. The layer-1 Sui blockchain is back online and “fully operational” after a six-hour network outage stalled transactions on the high-speed network. “Transactions are flowing normally. If you are still seeing issues, please refresh your app or browser window,” the Sui Foundation posted to X on Wednesday. The Sui Foundation confirmed the outage on Wednesday at 3:24pm UTC, informing its 1.1 million X followers that Sui core developers were actively working on a solution. Read more
Republicans called a digital asset market structure bill a bipartisan effort despite pushback from some Democrats on certain provisions. Cryptocurrency industry leaders, US lawmakers and experts are weighing in on a digital asset market structure bill set for a markup in the Senate Banking Committee on Thursday, and each group has voiced different views about whether to support or oppose certain aspects of the legislation. In a Tuesday notice, Republicans on the Banking Committee, led by Senator Tim Scott, released a “myth vs. fact” sheet on the market structure bill, called the CLARITY Act. According to lawmakers in majority control of Congress, it was a “myth” that the legislation “was written by industry and serves industry interests,” claiming that it focused on investor protection. “The bill has been shaped by years of bipartisan work, extensive engagement with regulators and law enforcement, and a focus on public-interest outcomes,” said Senate Republicans. “It strengthens national security, protects in...
Bitcoin finds renewed strength as inflows to the spot BTC ETFs resume, but data questions whether bulls can push the price to $105,000. Key takeaways: Bitcoin’s move above $97,000 lacks confirmation in derivatives markets, with the options skew signaling caution toward any sustained rally. Geopolitical risks, falling treasury yields and weakening equities reinforce a risk-off setting that continues to limit Bitcoin’s upside. Read more
The Vienna-based crypto platform is weighing a potential 2026 listing in Germany as more digital asset companies position for public markets. Austria-based Crypto trading platform Bitpanda is moving forward with plans for a public listing in Frankfurt, targeting a debut in the first half of 2026 with a valuation of 4 billion euros ($4.7 billion) to 5 billion euros. The IPO could take place as early as the first quarter, with the company working alongside Citigroup, Goldman Sachs and Deutsche Bank, Bloomberg reported on Wednesday, citing people familiar with the offering. No final decisions have been made and the listing timeline may change. Founded in 2014, Bitpanda is a European fintech and crypto trading platform offering digital-asset services and investment products to more than 7 million users in the region, according to the company. Read more