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Sui Network Fixes Staking Bug, Refunds $4,747 to Affected Wallets


by Parth Dubey
for CoinEdition
Sui Makes Users Whole Amid a 5% Crash in 7 Days
  • Sui Network has returned 1,376 SUI to users affected by a bug found in October.
  • The blockchain protocol found that 1,273 wallets were affected by the bug.
  • Sui’s TVL has dropped to $1.4 billion from $1.6 billion on November 19th.

Sui Network, a leading Layer 1 blockchain ecosystem, has fully reimbursed 1,376 SUI tokens to users who missed out on staking rewards from a bug. The bug affected certain token holders who unstaked their assets between epochs 560 and 563.

The Sui team implemented a fix on October 28 in epoch 564. After the fix went live, the blockchain protocol identified 1,273 wallets that had unstaked their assets between epochs 560 and 563 and missed out on a total of 1,376 SUI in rewards.

Notifying those affected through an X post (formerly Twitter), Sui stated that it reimbursed the affected wallets with 1,376 SUI (worth $4747.2 based on the token’s price of $3.46 at the time, down 5% in seven days).

The post Sui Network Fixes Staking Bug, Refunds $4,747 to Affected Wallets appeared first on Coin Edition.

Read the article at CoinEdition

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Sui Network Fixes Staking Bug, Refunds $4,747 to Affected Wallets


by Parth Dubey
for CoinEdition
Sui Makes Users Whole Amid a 5% Crash in 7 Days
  • Sui Network has returned 1,376 SUI to users affected by a bug found in October.
  • The blockchain protocol found that 1,273 wallets were affected by the bug.
  • Sui’s TVL has dropped to $1.4 billion from $1.6 billion on November 19th.

Sui Network, a leading Layer 1 blockchain ecosystem, has fully reimbursed 1,376 SUI tokens to users who missed out on staking rewards from a bug. The bug affected certain token holders who unstaked their assets between epochs 560 and 563.

The Sui team implemented a fix on October 28 in epoch 564. After the fix went live, the blockchain protocol identified 1,273 wallets that had unstaked their assets between epochs 560 and 563 and missed out on a total of 1,376 SUI in rewards.

Notifying those affected through an X post (formerly Twitter), Sui stated that it reimbursed the affected wallets with 1,376 SUI (worth $4747.2 based on the token’s price of $3.46 at the time, down 5% in seven days).

The post Sui Network Fixes Staking Bug, Refunds $4,747 to Affected Wallets appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Wall Street’s crypto treasury spree is spreading to altcoins. With one firm recently ...
SUI Approaches Major Resistance at $4.80 After Daily Chart Breakout

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A bullish flag pattern on the Sui (SUI) daily chart has drawn attention, suggesting a...