VW3/TZ|Y[ID;QE6F9N%7~G)T=#KRN9
SYSTEM PROCESSING...
VW3/TZ|Y[ID;QE6F9N%7~G)T=#KRN9
SYSTEM PROCESSING...
Posted: 2025-05-30 07:11:56 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-30 07:12:31 UTC
Verified By
Rollup News
Sui Foundation actively supported Cetus Protocol after a hack, treating it as if it happened to Sui itself. They gathered security experts, initiated a community vote to recover stolen funds, and provided a strategic loan to compensate affected users. Sui also launched a $10M bounty program for security initiatives and maintained clear communication with the community.
Sui Foundation's strong support for Cetus Protocol after the hack
Quick mobilization of security experts and community vote
Financial support through a strategic loan
Launch of a $10M bounty program for security initiatives
Dedicated communication efforts to keep the community informed
Implementing technical requirements for the on-chain community vote
Excluding Mysten Labs' tokens to ensure fairness in the vote
Addressing potential risks after fund recovery
Compensating the remaining $60 million shortfall after recovering $162M