Cetus Protocol Offers Full Refund After $233 Million Hack Incident

Cetus Protocol is taking a big step to make things right after a hacker stole $223 million from its users. The company says it can pay back all the money, but

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๐Ÿšจ $223M stolen from Cetus Protocol but there's hope: Sui validators froze the funds! Unprecedented blockchain recovery effort underway. Will crypto's newest safety net work?

#SecurityLand #BreachBreakdown #Cybersecurity #CetusProtocol #DeFi #Blockchain #CetusHack

Read More: https://www.security.land/inside-the-223-million-cetus-protocol-hack-how-validators-became-the-last-line-of-defense/

Cetus Protocol has released its full incident report following the exploit.

The team confirmed the root cause, detailed the attack timeline, and outlined next steps - including audits, recovery plans, and a SUI network vote to unlock frozen funds. We break it all down here: https://auriccrypto.com/news/cetus-releases-full-incident-report-after-the-exploit/

#Sui #Cetus #CetusProtocol #Hack #Crypto #Exploit

Cetus Releases Full Incident Report After The Exploit

Cetus Protocol has published its full incident report following the May 22 exploit that targeted its CLMM (concentrated liquidity market maker) pools and

Auric Crypto News
Hacker steals $223 million in Cetus Protocol cryptocurrency heist

The decentralized exchange Cetus Protocol announced that hackers have stolen $223 million in cryptocurrency and is offering a deal to stop all legal action if the funds are returned.

BleepingComputer

A hacker just drained $223M from the Cetus Protocol by exploiting smart contract flaws and flash loans. Is DeFi security really keeping up with these sophisticated attacks? Read on to find out why this breach has everyone reassessing risk.

https://thedefendopsdiaries.com/cetus-protocol-heist-a-wake-up-call-for-defi-security/

#defi
#cetusprotocol
#cryptocurrencyheist
#smartcontractsecurity
#blockchainsecurity

Sui Network Tokens Plummet After Cetus Protocol Attack

An oracle exploit occurs when an attacker manipulates external price sources a DeFi protocol uses to calculate asset values. If this component is manipulated,

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