Category: Rule of Nodes

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.

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.

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.

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.

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.

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.

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.

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.