Sui ecological liquidity platform Cetus officially announced that the Cetus liquidity aggregator has been back online, and the Cetus CLMM route is temporarily closed and will be opened in the future. The full restart of Cetus is coming soon. Previously reported, on May 31, Cetus announced that it plans to complete the full recovery and restart in about a week, including protocol upgrade, data recovery, restart the upgraded CLMM contract, and fully restore all suspended product functions (includi...
On May 31st, SUI-based DEX Cetus, which suffered a $223 million hack, announced through platform X that it has safely transferred the frozen funds related to the hack to a multi-signature trust wallet jointly managed by CETUS, SUI and OtterSec. The funds will be held in the wallet until returned to the user. In this regard, Cetus explained: "We have entered the next stage of recovering the funds lost by the hackers by ensuring the safety of the funds. We are...
On May 28th, Cetus announced a recovery plan to force the recovery of $162 million of frozen funds from a hacker-controlled wallet through a protocol-level upgrade after suffering a $223 million vulnerability. Cetus has requested a community vote to recover funds that were frozen after last week's hack. The Sui Foundation has released an on-chain community voting code that allows Sui validators and holders to vote directly by pledging. The vote was taken on May 27th at 1 p.m. Pacific time...
Cetus issued a statement saying, "We will use our cash and token reserves to fully cover the current off-chain stolen assets subject to the upcoming community vote and recovery of the lock-up funds. This includes a key loan from the Sui Foundation to achieve 100% compensation for all affected users." Cetus implored the Sui community to support and said, "We are well aware that this is an extraordinary request caused by our actions, but we believe this is the best decision for the affected users....
On May 27th, Cetus officially released a report on the theft incident, saying that on May 22nd, Cetus suffered an advanced smart contract attack against the CLMM liquidity pool. Cetus has taken immediate action to respond...
Supporting Cetus Protocol's efforts to recover stolen funds, and encouraging users with relevant information to provide clues, our priority remains to protect the community and support active resolution of theft incidents. Previously, Sui's ecological mobility platform Cetus offered a reward of $5 million for hacking-related clues with the support of IncaDigital and financial support from the Sui Foundation.
Cetus Protocol said it had not received a response from the hackers and urged it to seriously consider the terms of the negotiation it had previously proposed. Meanwhile, with the support of Inca Digital and the Sui Foundation, Cetus announced a reward of $5 million for information that can successfully identify and assist in the arrest of the hackers, including names, locations and conclusive evidence. Information can be emailed to info@inca.digital with the subject line Cetus lead. Cetus added...
Adeniyi.sui said 160 million of the 220 million dollars stolen from Cetus have been frozen and will soon be returned to the Cetus pool.
In response to the Cetus security incident, Sui said in a statement that it will actively support the Cetus team in their ongoing investigation and will provide further updates as soon as possible.
New shares rose by more than 344%, triggering a second temporary stop.
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The recent gold carry trade in the market has sparked discussions. Large quantities of physical gold are being shipped to the United States from London, the United Kingdom, Singapore, Asia and other places. Speculation that Trump may impose tariffs on imports such as gold has promoted the carry trade in gold and triggered the recent migration of physical gold. Now some analysts have also warned that the current arbitrage window is gradually narrowing, and once the window is closed, the trade of ...
On February 20th, the price of gold hit another record high in early European trading on Thursday and confirmed that it broke through the short-term trading range. US President Donald Trump's latest threat to impose tariffs on imports has dampened investor appetite for risk assets and continued to support demand for safe-haven gold. The global pursuit of safe assets has led to a decline in US Treasury yields, which in turn has put some downward pressure on the dollar, further supporting gold pri...
Wenyuan Zhixing rose by 135.35%, triggering a circuit breaker.
Despite the fallout from last month's DeepSeek-induced sell-off in US stocks, top CEOs and industry experts believe that DeepSeek's development should be seen as a catalyst for the industry, not a resistance. Click to view...