Cork Protocol, a DeFi platform, suffered a $12 million loss due to a smart contract exploit, raising concerns about security in the decentralized finance space.
Tag: Cybersecurity
Sui Validators Vote on $162M Cetus Recovery Plan: Centralization Debate Sparks
Sui-based DEX Cetus faces a governance vote on a $162M recovery plan following a recent exploit. This raises questions about centralization and the future of DeFi security.
Ripple Argues Fungible Cryptos Aren’t Securities in Secondary Sales: A Win for XRP?
Ripple has challenged the SEC’s stance on cryptocurrency regulation, asserting that fungible cryptos traded on secondary markets should not be classified as securities. This could have significant implications for the broader crypto market.
Sui Validators Vote on $162M Cetus Recovery Plan: What It Means for the Ecosystem
Following a significant exploit on the Cetus DEX, Sui validators are voting on a proposal to recover $162 million in frozen funds. This decision and the subsequent recovery plan could have major implications for the Sui ecosystem.
Cetus DEX Hack: Dedaub’s Post-Mortem Reveals Root Cause and Community Debate
A deep dive into the Cetus decentralized exchange hack, Dedaub’s analysis of the exploit, the controversial decision to freeze stolen funds, and the broader implications for DeFi security and centralization.