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Coin Edition
2024-11-29 07:30:00

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

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). A few weeks ago, we found a bug that affected staking rewards for certain token holders who unstaked between epochs 560 and 563. Once the fix was in place, we determined 1,273 wallets unstaked during those epochs and missed out on a total o… The post Sui Network Fixes Staking Bug, Refunds $4,747 to Affected Wallets appeared first on Coin Edition .

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