The Sui network’s validators voted to return $162 million in frozen funds from the Cetus exploit, sparking a debate about the balance between security and decentralization in blockchain.
Tag: Web3 Decentralization Initiatives
Donut Labs Secures $7M to Pioneer AI-Powered ‘Agentic’ Crypto Browser: A Game Changer?
Donut Labs has raised $7 million in pre-seed funding to develop an AI-powered crypto browser. This development has the potential to significantly alter how users interact with blockchain applications and could mark a turning point in web3 adoption.
Tim Berners-Lee Regrets Centralized DNS: What This Means for Web3
World Wide Web inventor Tim Berners-Lee recently stated he would have made the internet’s DNS more decentralized if building it today. This highlights the ongoing debate about centralization and its impact on censorship resistance and control.
Donut Labs Secures $7M to Pioneer AI-Powered ‘Agentic’ Crypto Browser: A Game Changer?
Donut Labs has raised $7 million in pre-seed funding to develop an ‘agentic’ crypto browser. This marks a significant step toward integrating AI with blockchain technology, potentially revolutionizing how users interact with decentralized applications.
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.
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.