NewsBriefs - Sui Network experiences major outage as validators go offline

Sui Network, a blockchain platform developed by Mysten Labs, is currently experiencing a significant outage. The network has stopped producing blocks for nearly two hours, resulting in a stalled blockchain. This outage has led to a drop in SUI token value by nearly 10% over the last 24 hours, with its price at approximately $3.42. The team is investigating the issue, and no comment has been made by Mysten Labs or the Sui Foundation