News list for " Trigger"
The Trump administration plans to further integrate crypto assets into the U.S. economy, including by including digital assets such as bitcoin in 401 (k) retirement accounts and home mortgage asset assessments. The Federal Housing Finance Agency has asked Fannie Mae and Freddie Mac to consider borrowers' holdings of crypto assets as collateral, triggering Senator E...
US lawmakers and experts have questioned the Trump administration's decision to suspend some anti-aircraft weapons to Ukraine, arguing that the move could delay the end of the Russian-Ukrainian conflict. They have refuted the White House's claim that "the US stockpile of weapons is in short supply". Several people said that the weapons that Ukraine currently needs are not urgently needed elsewhere, so there is no need to immediately stop the delivery of these weapons. Democratic senator from Con...
On June 8th, the Sui ecological liquidity platform Cetus officially announced that it will restart at 9:00 UTC + 8 today. Users will be able to access all the features of Cetus, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards. The liquidity recovery rate of affected pools is between 85% and 99%. Cetus will allocate 15% of the token supply for compensation contracts, of which 5% will be available immediately upon restart, and 10% will be u...
Sui ecological liquidity platform Cetus officially announced that the Cetus liquidity aggregator has been back online, and the Cetus CLMM route is temporarily closed and will be opened in the future. The full restart of Cetus is coming soon. Previously reported, on May 31, Cetus announced that it plans to complete the full recovery and restart in about a week, including protocol upgrade, data recovery, restart the upgraded CLMM contract, and fully restore all suspended product functions (includi...
On May 31st, SUI-based DEX Cetus, which suffered a $223 million hack, announced through platform X that it has safely transferred the frozen funds related to the hack to a multi-signature trust wallet jointly managed by CETUS, SUI and OtterSec. The funds will be held in the wallet until returned to the user. In this regard, Cetus explained: "We have entered the next stage of recovering the funds lost by the hackers by ensuring the safety of the funds. We are...
On May 28th, Cetus announced a recovery plan to force the recovery of $162 million of frozen funds from a hacker-controlled wallet through a protocol-level upgrade after suffering a $223 million vulnerability. Cetus has requested a community vote to recover funds that were frozen after last week's hack. The Sui Foundation has released an on-chain community voting code that allows Sui validators and holders to vote directly by pledging. The vote was taken on May 27th at 1 p.m. Pacific time...
Cetus issued a statement saying, "We will use our cash and token reserves to fully cover the current off-chain stolen assets subject to the upcoming community vote and recovery of the lock-up funds. This includes a key loan from the Sui Foundation to achieve 100% compensation for all affected users." Cetus implored the Sui community to support and said, "We are well aware that this is an extraordinary request caused by our actions, but we believe this is the best decision for the affected users....
On May 27th, Cetus officially released a report on the theft incident, saying that on May 22nd, Cetus suffered an advanced smart contract attack against the CLMM liquidity pool. Cetus has taken immediate action to respond...
Supporting Cetus Protocol's efforts to recover stolen funds, and encouraging users with relevant information to provide clues, our priority remains to protect the community and support active resolution of theft incidents. Previously, Sui's ecological mobility platform Cetus offered a reward of $5 million for hacking-related clues with the support of IncaDigital and financial support from the Sui Foundation.
Cetus Protocol said it had not received a response from the hackers and urged it to seriously consider the terms of the negotiation it had previously proposed. Meanwhile, with the support of Inca Digital and the Sui Foundation, Cetus announced a reward of $5 million for information that can successfully identify and assist in the arrest of the hackers, including names, locations and conclusive evidence. Information can be emailed to [email protected] with the subject line Cetus lead. Cetus added...
