Just-In: Cetus Hack Victims on SUI Set for $162M Reimbursement; Cetus Price Jumps 32%
Cetus hack victims on SUI blockchain are set for a $162M reimbursement after 54% community approval. A $60M SUI loan and frozen assets will aid recovery, causing Cetus price to surge 32%.
Cetus exploit: Sui Foundation’s plans for a ‘100% recovery’ entails…
Sui Foundation provides a loan to Cetus for full user reimbursement after a $223M hack. A community vote will decide on recovering frozen assets, while Sui announces a $10M security initiative.
Cetus to Fully Compensate Users After $223M Hack, Backed by Sui Foundation
Cetus Protocol pledges full compensation for users after a $223M hack, supported by Sui Foundation. A community vote will decide on unlocking frozen funds to aid recovery efforts.
Sui validators vote on $162M Cetus recovery plan to restore user funds
Sui validators are voting on a $162M recovery plan for Cetus DEX after a $220M exploit. The plan includes frozen funds return, treasury use, and a Sui Foundation loan to restore user assets.
Cetus to Fully Compensate Users After $223 Million Exploit, Sui Community Vote to Decide $162 Million Release – “The Defiant”
Cetus will fully compensate users after a $223M exploit, with $162M frozen pending a Sui community vote. Compensation will use reserves and a Sui Foundation loan.
Cetus Hack Update: Sui Foundation To Back Full User Loss Recovery Plan
The Sui Foundation will provide a loan to Cetus to fully compensate users affected by a $223M hack. The recovery plan includes frozen funds and community voting, boosting CETUS and SUI token prices.
Crypto Exchange Bitget Debuts Yield-Bearing BGUSD Backed by RWAs – Crypto News Bitcoin News
Bitget introduces BGUSD, a yield-bearing stablecoin offering 4% annual returns, backed by tokenized real-world assets like money market funds and U.S. Treasuries.
Cetus seeks Sui community nod to unlock $162M to make users whole
Cetus seeks Sui community approval to unlock $162M frozen funds to reimburse users affected by a $223M exploit, with a secured loan covering $61M bridged to Ethereum.
Bitstamp Rolls Out Staking Services to UK Customers
Bitstamp launches staking services for UK customers, offering up to 3.1% APY on Ethereum and 1% on Cardano, following regulatory changes allowing crypto staking outside collective investment rules.
State of Mantle Q1 2025
Mantle maintained its leading position in Q1 2025 despite market cap and usage declines. Key initiatives like mETH Protocol and EigenDA integration drove ecosystem growth and decentralization.
