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Another major crypto network halts transactions

Another major crypto network halts transactions

The promise of blockchain infrastructure has long been built on speed, scalability and uninterrupted access.

But as networks process larger volumes of activity and support increasingly complex applications, maintaining reliability is becoming a challenge of its own.

Recent disruptions across prominent networks have highlighted a growing tension within the industry, expanding capacity while keeping systems online.

Related: Coinbase-backed super app shuts down

Sui suffers second major network disruption this year

Sui, a layer-1 blockchain launched by Mysten Labs in 2023, is designed to compete with networks such as Ethereum and Solana through high-speed transactions and low fees.

The network has become a growing hub…

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