Cetus Protocol Bounces Back After Hacker Attack

Cetus Protocol, a prominent player in the Sui blockchain’s DeFi space, faced a major setback when funds were stolen by hackers. However, the platform has made a remarkable comeback thanks to community support and proactive actions taken by the team. Following a swift vote from the community within 48 hours, the frozen funds have been safely transferred into a secure wallet controlled by Cetus Protocol, the Sui Foundation, and OtterSec, a leading blockchain security firm. This collaborative effort is being hailed as a testament to the power of teamwork in the DeFi world.