Cetus Protocol Reclaims Ground After Major Hack; Strategic Upgrades Underway

Following a $223 million cyberattack that ranks as the second-largest heist in the cryptocurrency industry this year, Cetus Protocol has embarked on a comprehensive recovery plan. The hack, targeting funds held in both the Sui and Ethereum blockchains, triggered concerns about DeFi security. 2025’s largest crypto hack, Cetus is now actively working on technical solutions alongside community engagement efforts to facilitate the return of frozen assets. A two-pronged approach has been employed: white-hat talks with the attackers and a legal process to recover funds.