Blockchain News

Cetus Secures $220M: Crucial Step in Sui DEX Recovery

Great news for the Sui community and users of the Cetus decentralized exchange (DEX)! After a challenging period following a significant hacking incident, Cetus has announced a major breakthrough in its recovery efforts. The substantial sum of $220 million in frozen funds, previously impacted by the exploit, has now been successfully transferred to a secure […]

Blockchain News

Decisive Sui Community On-Chain Vote Approves Cetus Fund Recovery

The Sui ecosystem recently witnessed a crucial moment of decentralized decision-making. The Sui community has cast a definitive vote regarding the recovery of funds affected by a recent incident involving the Cetus protocol. This move highlights the power and responsibility inherent in Sui governance, demonstrating how a decentralized network can respond to challenges like security […]

Blockchain News

Crucial: Sui Conditionally Backs Cetus Community Vote to Return Frozen Funds

In the ever-evolving world of decentralized finance (DeFi), events like hacks can shake user confidence. Recently, the Sui blockchain saw one such incident involving the Cetus decentralized exchange. However, there’s a significant development offering a path forward for affected users: Sui has expressed conditional support for a community vote proposed by Cetus to address the […]

Blockchain News

Exclusive DeLorean Launch: Revolutionizing EV Reservations on Sui Blockchain

The iconic American automaker DeLorean is making a bold leap into the world of Web3, launching an innovative onchain system for reserving its upcoming electric vehicles. This move, leveraging the Sui blockchain network, positions DeLorean at the forefront of automotive brands exploring decentralized technologies. DeLorean’s Innovative Onchain System Takes Shape DeLorean is set to launch […]

Blockchain News

SUI Funds: Hope Rises as $160M Stolen Crypto Frozen

The world of cryptocurrency can be a wild ride, filled with innovation but also significant risks, including theft. When news broke of a substantial amount of **stolen crypto** impacting the Sui ecosystem, many users and investors were understandably concerned. However, a recent development brings a significant wave of relief and demonstrates the potential for **crypto […]

Blockchain News

CZ Offers Crucial Support to Sui Network Amidst Security Fears

In the fast-paced world of cryptocurrency, events unfold rapidly, often bringing unexpected challenges. Recently, attention has turned to the Sui network following a significant incident. Adding to the conversation, former Binance CEO, Changpeng Zhao, widely known as Binance CZ, has publicly commented on the situation, expressing his support for the network during this challenging time. […]

Blockchain News

Sui Blockchain Acts Swiftly After $223M Cetus Hack

The cryptocurrency world was recently shaken by a significant incident: the $223 million hack targeting Cetus Protocol, a prominent decentralized exchange operating on the Sui network. This event underscored the ever-present challenges in blockchain security. In a swift response, the Sui blockchain team has rolled out a new feature aimed at navigating the aftermath. Sui […]