Sui's blockchain experienced a major disruption on May 28 when block production stopped, leaving transactions unable to process for about 6 hours and 44 minutes. The last pre-outage block was recorded around 21:48 UTC+8, and on May 29 at 04:32 UTC+8 Sui said a patch had been adopted by over two-thirds of stake, allowing consensus and normal block generation to resume.

Sui’s mainnet stopped producing blocks for 5 hours and 55 minutes on May 29 after a bug introduced in the Sui 1.72 release triggered a network stall. During the interruption, DeFi activity effectively froze and SUI fell about 6.6% to $0.90 before recovering after service resumed. The core team said patches were deployed and that a full incident review will be shared in the coming days.

The Bank for International Settlements said on Wednesday that its Project Agora showed tokenization can improve wholesale cross-border payments, and confirmed the initiative will advance into a six-month operational trial using real money. The project uses multi-currency settlement with tokenized central bank reserves and tokenized commercial bank deposits, aiming to reduce delays that can stretch from one to five days or more.

DEX activity has cooled sharply, with DEX volume down to $6.047 billion by 28 May after standing near $22 billion in late January 2026. Despite the broader slowdown, Uniswap ($1.428 billion), PancakeSwap ($805.97 million), and Aerodrome ($798.11 million) remained the top venues at press time. The pullback has coincided with week-on-week drops since the October 2025 crash and a crypto market-cap decline of more than 3% over the last 24 hours.

Mastercard said Wednesday it received a BitLicense from the New York State Department of Financial Services, clearing the way to expand crypto payment activity in the state. The approval lets the company clear and settle crypto and tokenized assets without relying on third parties, as it continues building infrastructure involving stablecoins and tokenized deposits.

U.S. Treasury Secretary Scott Bessent called on Congress to move rapidly on the Digital Asset Market Clarity Act, arguing the U.S. should become a global center for digital assets. The bill passed the House with bipartisan backing in July 2025, but has since slowed in the Senate despite a 15-9 Senate Banking Committee vote on its version. Polymarket pricing put the odds of the measure being signed into law at 56% at the time of writing.

On May 28, 2026, Trezor rolled out native stablecoin yield for USDC and USDT inside Trezor Suite v26.5.2, allowing users to deposit, withdraw, and claim rewards without leaving the app. The feature uses Morpho Vaults (USDC Prime and USDT Prime) curated by Steakhouse, with rates that vary based on borrowing demand and no lockup period. Trezor said the update is available on desktop now and targets more than 2 million users, while full mobile support is expected later in 2026.

Aave Labs said on May 28 that its UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., were registered by the Financial Conduct Authority (FCA) to operate as cryptoasset exchange providers. The registration also permits electronic money issuance under the Electronic Money Regulations 2011, and Aave said the approvals support regulated payments infrastructure including stablecoin on- and off-ramps. Despite the update, AAVE was down about 5% over 24 hours to around $81 at the time of writing.