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.
Tag: Cybersecurity
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.
Sui Validators Freeze Majority of $220M Stolen Funds in Cetus Hack: A Deep Dive
Following a $220 million hack on the Cetus DEX, Sui validators froze $162 million in stolen funds. Explore the details of the Cetus exploit, the recovery efforts, and the implications for decentralization on the Sui network.