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#the block #cetus protocol

The protocol was able to recover affected liquidity pools to at least 85% of their initial value, with help from treasury funds and a Sui Foundation loan.

#defi #security #exploits #hacks #web3 #dexs #protocols #certik #decentralized infrastructure #crypto ecosystems #cetus protocol

The largest crypto loss in May came from Cetus Protocol, which lost an about $225 million, although the protocol recovered $162 million from Sui validators.

#defi #security #exploits #governance #hacks #smart contracts #sui blockchain #crypto ecosystems #cetus protocol #defi-hack

Cetus eyes full protocol resumption in a week after a Sui community proposal to return frozen funds passed with 90% backing from stakers and validators.

#defi #security #exploits #hacks #dexs #crypto ecosystems #cetus protocol #cetus protocol hack

Cetus said it worked with law enforcement agencies, exchanges and cross-bridge protocols to freeze all stolen funds that remain on Sui.