by: xpoolPosted on:

Cetus Protocol Hack Leads to $160 Million Freeze From Sui Blockchain Validators

A major security breach in the Cetus protocol, a decentralized exchange on the Sui blockchain, has resulted in over $220 million being stolen. In response, Sui blockchain validators have taken action by freezing $160 million of the stolen funds. This highlights the potential for decentralization concerns and challenges to censorship resistance within blockchain ecosystems.

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  4. Cetus Protocol Hit by $230 Million Security Breach