Category: Rule of Nodes
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Input Output Exits Cardano Leadership Ahead Of Elections
Input Output Global (IOG) will step down from Cardano’s Interim Constitutional Committee after summer elections, marking a shift to community-led governance as part of the Chang hard-fork transition.
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Sui Community Advances Cetus Recovery Plan with Onchain Vote After $223M Exploit
The Sui community is voting on a recovery plan after a $223M exploit involving Cetus. The proposal, likely to pass, would transfer compromised tokens to a multi-signature wallet for user reimbursement.
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Cetus Protocol’s $223 Million Hack Puts Sui’s Decentralization in the Spotlight – Crypto News Bitcoin News
Cetus Protocol suffered a $223M hack, with $162M frozen by Sui validators. The incident raises questions about Sui’s decentralization as funds were partially moved to Ethereum.
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SUI’s $220 Million Crypto Hack Fuels Centralization Backlash
A $220M hack on SUI’s Cetus Protocol sparked debates on centralization as validators blacklisted hacker addresses, with critics citing founder-heavy staking and few validators as proof of centralization.
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Cardano Audit Probes $600M ADA Gap – Was Treasury Looted?
Cardano faces allegations of misappropriating $600M in ADA during a 2021 hard fork. Founder Charles Hoskinson denies claims, stating funds were redeemed or donated. Audit underway amid transparency concerns.
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Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims
Charles Hoskinson denies $600M ADA misappropriation claims, pledges Cardano treasury audit amid community backlash over alleged ledger manipulation during 2021 hard fork.
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‘Sats’ vs ‘bits’ debate reignites amid proposal to change Bitcoin base unit
A proposal to change Bitcoin’s base unit from satoshis to bits has sparked debate, with supporters arguing it simplifies payments while opponents defend satoshis’ familiarity.
