Sui Reveals Cause Of Cetus Hack, Commits $10M To Boost Network’s Security



The Sui community has launched a autopsy report of what triggered the $260 million Cetus hack, which shook its ecosystem final week. As a part of the report, the community additionally introduced plans to spice up safety, a transfer which is bullish for the SUI value. Sui Gives Report On The Cetus Hack In an X publish, the community revealed that the basis reason for the Cetus incident was a bug within the protocol’s math, reasonably than a vulnerability in Sui or the Transfer programming language, which the community adopts for sensible contracts. Sui remarked that the impression on customers is similar and famous the necessity to take a holistic perspective to assist the ecosystem’s safety. As CoinGape reported, the community’s largest decentralized trade (DEX) and liquidity supplier, Cetus Protocol, suffered a $223 million crypto hack final week. The community was capable of freeze $162 million whereas Cetus put out a… Read More at Coingape.com

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