Phil Roberts

Sui Network Hit by Third Transaction Halt in 48 Hours

Sui Network recorded its third transaction processing disruption in approximately 48 hours on the mainnet on May 29, when an issue during the epoch transition caused the network to temporarily reject user transactions. According to updates from Sui, the incident occurred following a series of patches related to a gas-charging logic bug in the v1.72…

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TrapDoor Malware Targets Solana, Sui and Aptos Developers

A new malware campaign named TrapDoor is targeting developers within crypto, DeFi, and AI ecosystems, including Solana, Sui, and Aptos. According to Socket Security (Socket) and the Cloud Security Alliance (CSA), this campaign has distributed over 34 malicious packages with 384 versions/artifacts across npm, PyPI, and Crates.io since at least May 22, 2026, aiming to…

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Paxos Wins SEC Approval to Clear U.S. Stocks on Blockchain

The landmark registration makes the stablecoin issuer the first blockchain-native firm authorized as a central securities depository for U.S. equities, setting up a direct challenge to the DTCC’s post-trade dominance. In a milestone that crypto advocates and Wall Street reformers have anticipated for years, Paxos has secured federal authorization to operate as a clearing and…

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CFTC Approves Kalshi’s BTCPERP, First Regulated U.S. Bitcoin Perpetual

The U.S. Commodity Futures Trading Commission (CFTC) on May 29 approved KalshiEX, LLC to list BTCPERP, a bitcoin perpetual futures contract that Kalshi calls the first perpetual product brought onto a regulated derivatives exchange in the U.S. The decision was issued under Commission Regulation 40.3, allowing KalshiEX to implement a bitcoin spot price-referenced product within…

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Hyperliquid’s Pre-IPO SpaceX Contract Suffers 45% Flash Crash, Liquidating $1.5 Million

A synthetic crypto contract linked to SpaceX’s private market valuation collapsed nearly 45% in roughly 30 minutes on Thursday, wiping out more than $1.5 million and forcibly closing hundreds of leveraged positions on the decentralized derivatives platform Hyperliquid. The episode drew swift attention from traders and analysts, raising fresh questions about the risks of speculative…

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