Category: DeFi Digest
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Sui DEX restarts, plots open-source move after massive exploit
Cetus Protocol, a Sui DEX, relaunches after a $220M exploit, replenishing pools with recovered funds, reserves, and a $30M loan, and plans to go open-source.
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Sui DEX restarts, plots open-source move after massive exploit
Cetus Protocol, a Sui DEX, relaunches after a $220M exploit, plans open-source transition, and implements compensation. Funds were partially recovered, and legal action against the attacker continues.
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Cetus Protocol Relaunches After $220M Hack, Restores Liquidity – Crypto News Bitcoin News
Cetus Protocol has resumed operations two weeks after a $220M hack, restoring liquidity and LP functions on its Sui and Aptos-based DEX platform.
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Bitcoin DeFi Project ALEX Protocol Targeted In $8.3M Exploit
Bitcoin DeFi platform ALEX Protocol lost $8.3M due to a self-listing verification flaw. The team pledged compensation via USDC from its treasury. This follows a 2024 exploit by Lazarus hackers.
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Sui Hits New DEX Volume High: Cetus, Bluefin Fuel Growth
Sui’s DEX volume reached $304.3M daily in Q1, driven by Cetus and Bluefin. Despite SUI’s price drop, NFT activity grew. Institutional interest rose, but a $223M exploit on Cetus impacted Q2.
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![Stacks [STX] down 31% after Alex Protocol exploit – Details](https://i2.wp.com/ambcrypto.com/wp-content/uploads/2025/06/ALEX-Protocol-was-exploited-1000x600.webp?w=1200&resize=1200,0&ssl=1 "Stacks [STX] down 31% after Alex Protocol exploit – Details")
Stacks [STX] down 31% after Alex Protocol exploit – Details
Stacks [STX] price dropped 31% after Alex Protocol’s $8.3M exploit. The team plans full USDC reimbursement to affected users, aiming to restore confidence in the Stacks ecosystem.
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DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery
DappRadar reports a potential recovery in DeFi and NFT sectors in May 2025, with increased user activity, trading volumes, and TVL growth amid broader crypto market gains.
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Why Coinbase Brought Dogecoin and XRP to Ethereum Network Base – Decrypt
Coinbase launched wrapped tokens cbDOGE and cbXRP on its Base network to enhance DeFi compatibility, allowing users to leverage XRP and Dogecoin as collateral in decentralized finance applications.
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Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Alex Protocol, a Bitcoin DeFi platform on Stacks, lost $8.3M due to an exploit. The breach stemmed from a self-listing verification flaw, draining multiple asset pools. Users will be reimbursed in USDC.
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Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Bitcoin DeFi platform Alex Protocol lost $8.3M due to an exploit in its self-listing verification logic, affecting multiple asset pools. The team plans full reimbursement using treasury reserves.
