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Sui Network dubbed the ‘Solana (SOL) killer,’ suffered a major outage on November 21, which halted block production for over an hour. The outage was reportedly caused by a bug in the network’s transaction scheduling logic, which caused the validator network to crash, an issue confirmed by Sui through an X post. The platform stated that the incident has been resolved. However, the outage raised questions after Sui went silent for almost two hours, during which no blocks were produced.  Picks for you $100,000 per Bitcoin ‘around the corner,' says expert 1 hour ago Satoshi Nakamoto is now the 18th richest person in the world 2 hours ago ...

Millions of dollars in capital are leaving the Avalanche (AVAX) ecosystem amid a major network outage on February 23. At the time of writing, the Avalanche network is still down and is not producing any new blocks. Notably, DavyCrypto was one of the first accounts to notice and report the issue on X at 13:50 (UTC). Davy mentioned “another major chain” in reference to Solana’s (SOL) major outages, which have become common in the past few years. ️#Avalanche is down️ Another major chain going down. pic.twitter.com/0JfU9YfaBq — DavyCrypto (@Davyegld) February 23, 2024 The Avalanche official account has not posted or shared any information about this major network outage by press time. However, the website Avalanche Status is sharing updates to what it has called a “Block Finalization Stall” issue. Picked for you Dogecoin competitor threatens 100% bullish breakout 2 hours ago Early backers fund Flare, reducing liquidity and fueling increased investment in t...