Sui Community Votes to Repay $162M to Cetus Exploit Victims

Sui Community Votes to Repay 162M to Cetus Exploit Victims.jpeg

Sui's community has overwhelmingly voted to recover $162 million for victims of the Cetus exploit, a move that has sparked both praise for rapid response and debate over the centralization implications of freezing funds on a blockchain. This decision aims to fully reimburse affected users and restore trust in the ecosystem.

Read more

Comments

Post a Comment

Popular posts from this blog

BitMEX Exposes Lazarus Group's Cyber Security Vulnerabilities

Image
BitMEX's security team has exposed significant operational security vulnerabilities within the Lazarus Group, a North Korean state-sponsored cybercrime organization. Their counter-operations probe revealed critical lapses, including exposed IP addresses, database access, and tracking algorithms, offering unprecedented insight into the group's methods and structure. Read more
Read more