Category: DeFi & DApps
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Cork Protocol Exploited for 3,762 wstETH ($12M), Converted to 4,530 ETH; Security Firms Detect Breach – “The Defiant”
Cork Protocol suffered a $12M exploit, losing 3,762 wstETH due to a vulnerability in its exchange rate computation. The stolen assets were converted to 4,530 ETH. Security firms detected the breach.
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Cork Protocol Suffers $12 Million Exploit; 3,760 wstETH Stolen in Contract Deployed May 28 – “The Defiant”
Cork Protocol lost $12M in wstETH due to a smart contract exploit on May 28, 2025. The stolen funds were quickly detected by security systems.
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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%.
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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.
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Sui validators vote on $162M Cetus recovery plan to restore user funds
Sui validators are voting on a $162M recovery plan for Cetus to restore user funds after a $220M exploit, with $162M already frozen and awaiting community approval by June 3.
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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.
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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.
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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.
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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.
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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.
