Cetus
Cetus, Sui Criticized For Centralization After Stolen Funds Frozen
Be part of Our Telegram channel to remain updated on breaking information protection Cetus and the Sui Basis are going through criticism after validators froze a big portion of the $223 million that was stolen through the Cetus hack on Could 22, elevating centralization issues. Cetus and the Sui Basis introduced that validators had frozen […]
Cetus Protocol, Sui Community’s Largest DEX, Hacked For $223M
Be part of Our Telegram channel to remain updated on breaking information protection Cetus Protocol, the largest decentralized alternate (DEX) on the Sui community, was hacked on Thursday, dropping about $223 million value of SUI tokens. The hack focused the SUI/USDC liquidity pool, wiping out almost all liquidity on Cetus and bringing buying and selling […]