Cetus Protocol, a DEX on Sui, restarts operations and plans to open-source its code after a massive $220 million exploit. What does this mean for the platform and the Sui ecosystem?
Tag: SUI
Sui DEX Cetus Relaunches, Eyes Open-Source Move After $220M Exploit
Cetus Protocol, a Sui-based DEX, is back online and planning to go open-source after suffering a massive $220 million exploit in May. Here’s what it means for the Sui ecosystem and DeFi security.
Sui’s $162M Cetus Funds Vote: A Win for Security, a Blow to Decentralization?
The Sui network’s decision to freeze and vote on the return of $162M in stolen Cetus funds sparks a heated debate about the true meaning of decentralization in crypto.
Sui’s $162M Cetus Fund Freeze: A Win for Security or a Blow to Decentralization?
The Sui network’s validators voted to freeze and return $162 million in funds stolen from the Cetus DEX exploit. This action has sparked a heated debate about the balance between security and decentralization in the blockchain space.
Sui Community Approves $162M Repayment to Cetus Exploit Victims: What It Means for DeFi Security
Sui validators voted to return $162 million in frozen assets linked to the Cetus exploit. This decision highlights the ongoing debate about validator powers and the future of DeFi security.