Cetus, a fast-growing decentralized finance (DeFi) platform, has added WalletConnect support. WalletConnect is a popular tool that lets users connect their wallets to decentralized apps (dApps) safely and easily. This news was shared by Cetus on its official X account and marks an important step in

Jessy, Golden Finance On May 22, the Sui ecosystem DEX Cetus was hacked for $223 million. Of this, only $60 million was converted into ETH through a cross-chain bridge and ended up in the hacker's pocket, while the remaining $162 million was frozen by the Sui Foundation coordinating nodes. On May 27, the community voting was initiated to decide whether to implement the protocol upgrade to recover funds frozen in accounts controlled by hackers. The protocol upgrade was ultimately successful, and 162 million in funds were successfully recovered. The Sui Foundation's rapid response to the recent theft incident and the swift implementation of solutions have sparked considerable controversy within the community. On one hand, it has recovered most of the funds and safeguarded the interests of the affected users; on the other hand, the method of recovery involved forcibly modifying asset ownership through node consensus, marking the first time "keyless asset transfer" has been realized at the blockchain level. In the interest of the users

On May 22, the Sui ecosystem DEX Cetus was hacked for $223 million. The Sui Foundation froze most of the funds through node consensus and implemented a protocol upgrade via community voting on May 27, successfully recovering $162 million. This move sparked controversy because the protocol upgrade involved "transfer of assets without private key," which could jeopardize the principle of decentralization and risks giving large nodes the power to intervene. Although the recovery of funds was efficient, it also created technical vulnerabilities.

The price of SUI Token recently broke through $4.44, setting a new high with a monthly rise of over 53%. The network has recovered well after the Cetus Hacker incident, with the total lock-up position value reaching $2.296 billion. Nasdaq-listed company Lion has increased its holdings in SUI, boosting market confidence. The SUI Spot ETF application is under review, which may further drive the coin price pump in the future.

The Sui ecosystem DEX Cetus was hacked for $223 million on May 22. The Sui Foundation froze most of the funds through node consensus and successfully recovered $162 million on May 27 by implementing a protocol upgrade through community voting. This move sparked controversy, as the protocol upgrade involved "transfer of assets without Private Key", which could jeopardize the principle of Decentralization and risks giving large nodes the power to intervene. Although the recovery of funds was efficient, it also created potential technical hazards.

Jessy, Golden Finance On May 22, the Sui ecosystem DEX Cetus was hacked, and $223 million in funds were stolen. Of this, only $60 million was exchanged for ETH through a cross-chain bridge and entered the hacker's wallet, while the remaining $162 million was frozen by the Sui Foundation coordinating nodes. On May 27, the community voting started, "to decide whether to implement the protocol upgrade to recover the funds frozen in the hacker-controlled account." The protocol upgrade was ultimately successful, and 162 million in funds were successfully recovered. The Sui Foundation's quick response to the recent theft incident and the rapid implementation of solutions have sparked considerable controversy within the community. On one hand, it has recovered most of the funds, safeguarding the interests of the affected users; on the other hand, the recovery method involved forcibly modifying asset ownership through node consensus, marking the first time "keyless asset transfer" has been realized at the blockchain layer. In the interest of users

In the first half of 2025, hackers stole over $2.47 billion in cryptocurrency, surpassing last year's total. Major losses stemmed from the Bybit breach and Cetus Protocol exploit, highlighting the need for improved security in the industry.

Crypto losses exceeded $2.2B in H1 2025, with notable hacks and scams affecting Bybit and Cetus. Ethereum emerged as the most targeted chain, losing $1.6B across 175 incidents due to poor key management and increasing physical threats.

The Sui ecosystem DEX Cetus was attacked by a hacker, resulting in a loss of $223 million. Through community voting, the Sui Foundation successfully recovered $162 million of the stolen funds, but this process sparked controversy as it involved the forced transfer of assets through node consensus, violating the principle of decentralization. Although efficient, it has sown the seeds for potential future authoritarian interference.

In a move set to enhance decentralized trading on the Sui Network, Cetus Protocol has unveiled the beta version of its new feature: Cetus Pro—an advanced trading and analytics hub designed specifically for serious traders. The launch, announced via Twitter, describes Cetus Pro as a “command

> Sui ecosystem recovery observation: not only survivors, but also builders. Written by: Ding Dong (@XiaMiPP) On May 22, Cetus, a decentralized trading platform in the Sui ecosystem, was attacked by hackers, losing about $223 million. This incident had a great impact on the ecology as a whole, not only causing panic among users, but also directly leading to the outflow of funds on the chain. According to on-chain data, the total locked position (TVL) of the Sui network has dropped from a high of about $2.1 billion to a minimum of $1.57 billion, a drop of more than 25%, and the ecosystem as a whole is facing a severe test. After the incident, Cetus quickly took emergency measures. With the cooperation of most Sui validation nodes, the Cetus team successfully froze the two main wallet addresses that the attacker used to transfer funds. Meanwhile, Cetu

On May 22, the decentralized trading platform Cetus of the Sui ecosystem was attacked by a hacker, resulting in a loss of approximately $223 million and causing an outflow of on-chain funds. Cetus took emergency measures to successfully freeze the stolen funds and initiated user asset compensation. Despite the impact of the incident, Sui's total Lock-up Position (TVL) has gradually recovered and attracted users and funds from multiple protocols such as Momentum, Turbos, Bluefin, and Kai, demonstrating the resilience of the ecosystem and the recovery of user confidence.

The Cetus Protocol, a decentralized exchange on the Sui blockchain, faced a $60 million attack, leading to user distrust despite a restart and token release. Critical steps for restoring user trust include clear communication, user compensation, and enhanced security measures.

Sui-based decentralized exchange (DEX) Cetus Protocol is back online following a 17-day outage spurred by last month's $223 million exploit. The protocol recovered around $162 million worth of stolen funds and is continuing legal action against the attacker, who did not respond to the DEX's

Cetus Protocol successfully resumed operations after a $223 million exploit by using treasury assets and support from the Sui Foundation. Affected users will be compensated with CETUS tokens, while security upgrades and a white-hat bounty program are in place to prevent future incidents.

Cetus has relaunched its decentralized exchange after addressing an integer overflow vulnerability that led to a $162 million theft. The protocol plans to compensate affected users with its CETUS token, aiming for 100% liquidity recovery.

Cetus Protocol has re-entered the top 10 decentralized exchanges after a major hack, achieving $122.82 million in trading volume. It aims to make SUI a competitor to Solana while expanding into NFTs and gaming, with its future activity yet to be seen.

Key Notes The Cetus protocol utilized $7 million in cash reserves, a $30 million USDC loan, and partial recovered funds to replenish liquidity pools. To compensate affected users, Cetus has allocated 15% of its native token, CETUS, with 5% immediately available and 10% released monthly over a

Cetus Protocol has relaunched just two weeks after a significant hack that compromised its concentrated liquidity market maker pools. Normal Users’ LP Functions to Resume Cetus Protocol, a leading decentralized exchange (DEX) and concentrated liquidity market maker (CLMM) on the Sui and Aptos

According to a report by Messari, trading activity on the decentralized exchanges (DEX) of the Sui network reached a record high in Q1 2025, with an average daily trading volume of 304.3 million USD, an increase of 14.6% compared to the previous quarter. Among them, Cetus and Bluefin are the two platforms that dominate, contributing to

AI today found 1. Trump's relationship with Musk deteriorates, and the White House asks allies to take sides 2. Cetus restarts after being attacked, with a liquidity pool recovery rate of 85%-99% 3. Japan establishes a new system for "encryption asset intermediary industry" to strengthen user asset protection 4. Tether CEO: aims to become a major Hedging tool in unstable situations 5. Analyst: actively managed Meme coin ETF may debut in 2026

Sui set a new milestone in decentralized exchange (DEX) activity in Q1. According to Messari’s report, the network’s average daily DEX volume hit an all-time high of $304.3 million, a 14.6% quarter-over-quarter increase. Cetus and Bluefin emerged as the dominant players, which contributed a

Cetus Protocol (CETUS) will resume full functionality on June 9, 2025, following a security breach. A recovery plan includes user fund restoration, community voting, and a compensation scheme with 15% of total token supply allocated for affected users.

Cetus Protocol suffered a hacker attack with losses exceeding $220 million. The team promised to use 100% of the $CETUS tokens to compensate the victims and is coordinating loan support with the Sui Foundation. The countdown plan for the restart has been initiated, and future efforts will focus on enhancing security, upgrading branding, and business models to restore community confidence.

After the attack on Cetus on SUI, let's make a comprehensive understanding of SUI. This article is jointly published by Aquarius Capital and Klein Labs, especially thanks to the NAVI Protocol, Bucket Protocol and other ecological projects and Comma3 Ventures for their technical guidance and support in the research process. How will the Sui Foundation release the $160 million frozen from hackers? (Background added: What do the victims of the Cetus hack think?) The Sui team demanded a commitment to "full repayment" with two key conditions (TL); The DR 1.Cetus vulnerability stems from the contract implementation, not the SUI or Move language itself: This attack is fundamentally based on the boundary correction of arithmetic functions in the Cetus protocol

Jessy, Golden Finance On May 22, the Sui ecosystem DEX Cetus was hacked, resulting in the theft of $223 million in funds. Of this amount, only $60 million was exchanged for ETH through a cross-chain bridge and entered the hacker's wallet, while the remaining $162 million was frozen by the Sui Foundation coordinating nodes. On May 27, the community vote was initiated to decide whether to implement the protocol upgrade to recover the funds frozen in the hacker-controlled account. The protocol upgrade was ultimately successful, and 162 million in funds was successfully recovered. The Sui Foundation's swift response to the recent theft incident and the rapid rollout of solutions have sparked considerable controversy within the community. On one hand, it has recovered most of the funds, safeguarding the interests of the affected users; on the other hand, the method of recovery involved forcibly modifying asset ownership through node consensus, marking the first implementation of "keyless asset transfer" at the blockchain layer. In the interest of users

SUI, the native token of the Sui Network, is in decline, dropping 20% from its monthly high due to a Cetus platform attack and reduced total value locked. Despite this, potential ETF speculation and ecosystem growth may support future recovery.

The Cetus liquidity platform has reinstated its liquidity aggregator after a $223 million hack on May 22, 2025, that heavily impacted user trust and liquidity. Recovery efforts involve community governance and partnerships with Sui Foundation, emphasizing future security measures.

Written by: Shisi Jun This incident is a victory for capital, not for users, and it represents a regression for industry development. Bitcoin to the left, Sui to the right, every shake in the decentralized industry brings a stronger belief in Bitcoin. The world needs not just a better global financial infrastructure, but there will always be a group of people who need a space for freedom. Once upon a time, consortium chains were more popular than public chains because they met the regulatory needs of that era. Today, the decline of consortiums actually means that simply complying with these needs does not represent the true demands of users. What is lost are the regulated users; then what is the need for regulatory tools? 1. Event Background On May 22, 2025, the largest decentralized exchange of the Sui public chain ecosystem, (DEX) Cetus, was attacked by hackers, causing an instant reduction in liquidity and affecting the prices of multiple trading pairs.

According to Mars Finance, Turbos Finance, a leading DEX in the Sui ecosystem, has launched a new round of incentive Mining rewards. Some selected Mining Pools have already introduced reward bonuses, and users can directly deposit a single Token without needing to split their assets. In addition, the 24-hour trading volume of SUI-USC on Turbos has exceeded 7 million USD, with a Lock-up Position of 3 million USD. Previously, after the Cetus smart contracts vulnerability incident, Turbos was the only DEX that was not affected.

Key Insights Crypto hackers stole $244.1 million in May across 20 major incidents, a 39.29% decrease from April. The Cetus DEX exploit on May 22 accounted for nearly 90% of May's losses. $223 million was stolen due to a flaw in the most significant bits (MSB) check. Cetus and Sui Network

Cryptocurrency investors faced over $300 million in losses in May due to scams and hacks, with vulnerabilities in code being the primary reason, marking a significant increase from April. Various tactics such as phishing and private key compromise also contributed to the losses. High-profile incidents like the Cetus Protocol exploit highlight the ongoing challenges in the cryptocurrency space.

Introduction This incident is a victory for capital, not for users, and is a regression for the industry's development. Bitcoin to the left, Sui to the right; every move that shakes the decentralized industry brings a stronger belief in Bitcoin. The world needs not just a better global financial infrastructure, but there will always be a group of people who need a free space. Once upon a time, consortium chains were more popular than public chains, precisely because they met the regulatory needs of that era. Now, the decline of consortiums actually means that simply adhering to this demand does not reflect the real needs of users. The users who were lost to regulation—what tools are needed for regulation then? 1. Event Background On May 22, 2025, the largest decentralized exchange of the Sui public chain ecosystem, (DEX) Cetus, suffered a hacker attack, causing an instantaneous drop in liquidity and the collapse of prices for multiple trading pairs.

From June 2 to June 7, several token projects will face large unlocks, including ENA, EIGEN, CETUS, IOTA, TAIKO, SPEC, and NEON. The number and value of the unlocked tokens vary, with TAIKO having the largest unlock amount, valued at approximately $46.9 million. These unlocks will have a certain impact on the market and require close follow-up.

In May 2025, there were about 20 security incidents in the Crypto Assets sector, resulting in a total loss of $244.1 million, a decrease of 39.29% compared to the previous month. Major incidents included a $220 million attack on the Cetus protocol, a $12 million loss on the Cork protocol, and incidents related to North Korean hackers causing a loss of $5.2 million, among others.

AI today discovered 1. The Ethereum ETF is about to be listed, sparking heated discussions in the industry 2. Follow-up on the Cetus hacker incident: funds have been transferred to a Multi-signature Wallet 3. Meta shareholders veto including Bitcoin as a reserve asset 4. DOGE price rebounds, traders are optimistic about the future market 5. Observations from the TOKEN2049 conference: the industry seeks breakthroughs

Sui ecosystem DEX Cetus Protocol announced on platform X that funds have been safely transferred to a multisignature trust Wallet, entering the next phase of the recovery process. A Space meeting will be held on June 2 to detail the history of the Hacker attack and the recovery progress, actively inviting community participation.

Following a major cyber attack on May 22, 2025, the cryptocurrency protocol CETUS took significant steps to refund users' funds, transferring approximately $160 million frozen funds to a multisig wallet. Despite this development, the price of the CETUS token experienced a loss of over 4%. Summary: CETUS protocol took action to refund frozen funds after a cyber attack, with funds transferred to a multisig wallet, although CETUS token price decreased.

Key Notes Sui and Cetus Protocol have shared the latest update on recovering stolen funds. The embattled protocol has secured approval to send $162 million to a multisig wallet from 90% of validators. The hacker was offered a $6 million white-hat bounty reward, which has not been paid

In a pivotal moment for the Cetus ecosystem, the decentralized finance (DeFi) protocol has officially moved into the next stage of its recovery following the successful transfer of previously quarantined funds to a secure multisig wallet. The move comes after an on-chain vote passed earlier this

Cryptocurrency market faces challenges due to geopolitical tensions. SUI shows recovery from a decline, finding strong support at $3.40-$3.42. Sui community supports Cetus Protocol after a recent hack. Technical analysis highlights market uncertainty and potential recovery patterns.

Over 90% of stakers and validators voted to approve CETUS’s recovery plan. SUI ETF filings by 21Shares and Canary have boosted investor interest. Analysts predict SUI could reach $10 if ETF sentiment and recovery efforts sustain. SUI, the native token of the Sui blockchain, is under renewed

SUI experienced a significant 9.25% drop amid increased selling volume during midnight. A recovery plan is in progress after the Cetus Protocol exploit. Technical analysis indicates strong resistance at $3.55 and potential stabilization around $3.43-$3.44 range, with new resistance forming at $3.45-$3.46.

Validators on the Sui blockchain voted to approve a recovery proposal for Cetus' hack. Funds will move to a multisig wallet for user reimbursements, following a strong consensus and transparent plan by Cetus.

SUI network's price underperformed, but CETUS hack recovery plan got over 90% approval. SUI's ETF interest boosts optimism.

The post Cetus Protocol Hack: Community Approves Full Refund Amid CETUS Price Crash appeared first on Coinpedia Fintech News Cetus protocol, a decentralized exchange on the Sui blockchain, faced 2025’s second big exploit, which took place on May 22, severely impacting Sui-based tokens and

Cetus DEX trên mạng Sui đã nhận được 90% sự ủng hộ để mở khóa các token bị đánh cắp sau vụ hack trị giá 223 triệu USD. Các nhà xác thực dự định chuyển các tài sản bị đóng băng đến một ví multisig được quản lý bởi Cetus, OtterSec và Sui Fund. Quy trình phục hồi sẽ được hoàn thành trong vòng một tuần, bao gồm phục hồi dữ liệu và khởi động lại hạ tầng CLMM. Vụ hack đã khai thác các lỗ hổng trong mô hình CLMM của Cetus dẫn đến thiệt hại 223 triệu USD, với dự án sửa chữa các lỗi và cung cấp phần thưởng để lấy lại các quỹ bị chuyển hướng.

The Sui community is voting on a proposal to return $162 million stolen from Cetus Protocol. The vote appears likely to pass, with 71% of validators currently in favor. Cetus plans to cover remaining losses with cash, tokens, and a loan if the vote succeeds.

Sui has hit a $14.8 billion monthly DEX volume despite price stagnation. The $223 million Cetus exploit has shaken Sui’s market confidence. The price of SUI is currently struggling to break past the $3.87–$4.13 resistance range. Despite a weekly drop of 45.21%, Sui has reached a historic

Cetus DEX lost $223M in a major exploit but froze $162M and pledged full user compensation, boosting community confidence. Sui ecosystem tokens show signs of recovery as validators block malicious wallets and Scallop pauses borrowing to safeguard users. SUI rebounded 9.37% in 24h after dropping to