Sui Network
4 storiesBitcoin tops $87,000 as capital shifts reshape crypto market
Bitcoin's September surge past $87,000 sparked sharp gains in AI, meme, and Layer-1 tokens. But most altcoins lagged as ETF inflows and new U.S. rules kept big investors focused on Bitcoin.
Switchboard Oracle Incident Freezes DeFi Vaults on Multiple Networks
A suspected compromise of Switchboard's Move-based oracles led to halted deployments on Aptos, Sui, IOTA, and Movement, triggering liquidations, vault freezes, and user fund restrictions across several DeFi protocols
Phantom to End Sui Wallet Support, Highlighting Interface Power
Phantom will remove Sui support from its wallet on September 24, cutting off in-app access to Sui balances and dapps. Sui assets remain onchain, but users must migrate to other wallets to transact or view funds.
SUI Group Locks 6 Million SUI in Uncollateralized Loan as NAV Gap Widens
SUI Group Holdings has lent 6 million SUI tokens to Bluefin Markets under an uncollateralized deal, tying up assets until 2028 and exposing the company to counterparty risk as its shares trade at a steep discount to net asset value