Category: Rule of Nodes
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Ethereum Foundation unveils comprehensive treasury plan to balance capital and privacy commitments
The Ethereum Foundation has introduced a detailed treasury management plan, balancing capital allocation with privacy commitments, including asset-liability models, ETH sales guidelines, and DeFi protocol standards.
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Sui Validators Vote to Restore $162 Million to Hacked Cetus Users – “The Defiant”
Sui validators voted to hard fork the blockchain, restoring $162 million to Cetus Protocol users after a $223 million exploit. The decision recalls Ethereum’s DAO hack and raises questions about blockchain immutability.
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Sui validators approve fund recovery plan as Cetus revenue hits ATH
Sui validators approved a fund recovery plan with 90.9% voting ‘Yes’, transferring funds to a secure multi-sig wallet. Cetus revenue hit an all-time high, signaling renewed user confidence and network activity.
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Sui community approves release of $162M in tokens frozen during Cetus hack
Sui validators approved releasing $162M frozen during the Cetus hack, enabling user reimbursements. The funds will move to a multi-sig wallet for controlled distribution as Cetus resumes operations.
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Sui passes vote to repay Cetus exploit victims – CoinJournal
The Sui community approved returning $162M in frozen assets to Cetus exploit victims via a multisig wallet. Sui also launched a $10M security initiative following the $223M hack.
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Sui community passes vote to repay $162M to Cetus exploit victims
Sui validators approved a governance proposal to return $162M in frozen assets from the Cetus exploit, with 90.9% voting in favor. The funds will be moved to a multi-sig wallet for user repayment.
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Sui Validators Vote 90% In Favor of Recovery Plan After Cetus Hack
Sui validators voted 90% in favor of a recovery plan after the Cetus hack, enabling frozen funds to be moved to a multi-signature wallet for eventual user reimbursement.
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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.