Category: DeFi Digest
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Hacker Plunders $223,000,000 Worth of Crypto from Sui-Based Decentralized Exchange – The Daily Hodl
A hacker stole $223M from Sui-based DEX Cetus Protocol, which paused contracts and secured $162M. The team is negotiating with the attacker, offering a $6.2M bounty for fund return.
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Twice lucky? Cetus’ recovery plan on Sui mirrors a Solana blueprint
Cetus, a Sui-based DEX, is using a recovery strategy similar to Crema Finance’s 2022 Solana hack resolution, offering the hacker $6M to return stolen funds amid community backlash and token value drop.
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Cetus offers $6M bounty after $220M hack as Sui faces decentralization debate
Sui-based DEX Cetus offers a $6M white hat bounty to recover $220M stolen in a hack, with $162M frozen. The incident sparks decentralization debates amid emergency responses.
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Cetus Protocol hit by $260 mln hack – SUI drops 15% amid security crisis
Cetus Protocol on Sui blockchain hacked, losing $260M. SUI price dropped 15%. Hacker converted funds to USDC and ETH. Cetus froze $162M in assets, collaborating to recover stolen funds.
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Cetus Protocol Hit by $223 Million Exploit — Hacker Offered $6M to Return Funds News ETHNews
Cetus Protocol, a leading DEX on Sui, lost $223M in a spoof token exploit. The hacker manipulated pricing mechanisms, bridging $60M to Ethereum. Cetus offers a $6M bounty for fund return.
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DeFi near-zero onboarding costs can help 1.4B unbanked: 1inch co-founder
1inch co-founder highlights DeFi’s near-zero onboarding costs compared to traditional banks, enabling financial access for 1.4B unbanked with just a smartphone and internet.
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Cetus Offers $6M Bounty to Hacker for Return of $56M in Stolen ETH
Cetus Protocol offers a $6M bounty to recover $56M in stolen ETH from a $223M exploit. Sui validators froze addresses, pausing $162M in tokens, sparking centralization concerns as CETUS token value dropped 50%.
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OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi
OKX launches xBTC, a wrapped Bitcoin on Aptos blockchain, enabling fee-free access to BTC-backed DeFi applications, enhancing liquidity and interoperability in the Aptos ecosystem.
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From Wall Street to Crypto: Sebastian Bea on the Institutional Playbook for Digital Assets – Interview Bitcoin News
Coinbase’s Sebastian Bea discusses the Bitcoin Yield Fund for institutional investors, evolving crypto attitudes, bitcoin ETFs’ impact, and macroeconomic trends driving adoption as a store-of-value asset.
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Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels
Active DeFi loans reached a record $23.7B as TVL nears pre-tariff levels, driven by increased lending on platforms like Aave and Compound, despite broader market fluctuations.
