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Cetus Protocol’s $223 Million Hack Puts Sui’s Decentralization in the Spotlight

While some of Cetus Protocol’s funds exited the Sui network via bridges to Ethereum, $162 million remains frozen in the network due to the joint action of validators. The actions stemming from this hack have affected the...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Cetus Protocol’s $223 Million Hack Puts Sui’s Decentralization in the Spotlight
While some of Cetus Protocol’s funds exited the Sui network via bridges to Ethereum, $162 million remains frozen in the network due to the joint action of validators. The actions stemming from this hack have affected the crypto community’s perception of Sui and its levels of decentralization. Sui Validators Freeze Cetus Protocols Hacked Funds, Decentralization […]

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