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$162M Frozen on Sui After Coordinated Validator Action – Here’s What Happened On Wednesday, Sui’s validator community took swift, decisive action to freeze $162 million in funds linked to a major exploit targeting the Cetus protocol. Here’s a breakdown of the rapid response: What Happened: • Sui validators each maintain a config file that allows them to ignore transactions from specific addresses. • This mechanism is optional and reversible, used at the discretion of each validator. • Over ⅓ of validators by stake agreed to block transactions from two attacker-controlled addresses, effectively freezing the funds before they could be bridged out. Why This Matters: • This move does not roll back chain history, nor does it require global consensus — any validator on any network can choose to block addresses based on risk tolerance or regulatory needs. • The freeze was a temporary, emergency measure to buy time and leverage for potential negotiations. Sadly, the attacker has not responded to outreach from Cetus. Next Steps: Today, Cetus proposed a community-wide on-chain vote to upgrade the protocol in order to return the frozen funds to victims — without any chain reversion. This is an extraordinary request in response to an extraordinary situation. To ensure neutrality and fairness, the following principles will apply: 1. Neutrality: Sui Foundation will abstain from the vote. Our role is to design and facilitate a transparent and secure process. 2. Accountability: Cetus must publicly commit to exhausting all financial resources to ensure full customer restitution. More details, including the vote design and supporting code, will be shared soon. The community’s voice will shape what happens next.
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Billionaire ElonMusk’s universal investments: 1.#Solarcity: $8.4 billion 2.$BTC :$937 million 3.#X(former #Twitter): $41 billion 4.#Tesla: $1.19 Trillion 5.#TheBoringcompany: $5.7 billion 6.#Neurolink: $5 billion 7.#SpaceX: $350 billion $ETH $DOGE Note from Bro to Bro: Take your financial life seriously . Invest in assets not liabilities ,and make a lot of Money. The world Is cruel to poor men. The Wealthiest Aura on earth for Real ❤️. #Business #Ventures #Elonmusk #Founder #CEO #Richestman #Billionaire
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It started as @four_meme_ after Binance Alpha, then it became @Gorilla_CTO 🦍
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On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 BTC for two pizzas. At today’s prices, that’s over $1 billion—making it the most expensive pizza in history! Why it matters: 1️⃣ Bitcoin Pizza Day marks the first real-world transaction using Bitcoin. 2️⃣ It proved BTC could function as money—even if it was for pizza. 3️⃣ It’s a reminder of how far crypto adoption has come since 2010. 💡 Did you know? Bitcoin was worth less than $0.01 when Laszlo made that order. Learn more about Bitcoin and its early history here. 🍕 Learn & Discuss: Win $BTC on Bitcoin Pizza Day 🍕 We’re inviting crypto educators and enthusiasts to share their insights in our Learn & Discuss challenge!
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JUST IN 🚨 Dubai Government Has Issued Digital Assets Directly On the XRP Ledger Learn more 👇🏼👇 According to @TimesTabloid1 article Dubai Government Issues Digital Real Estate Assets on XRPL in Landmark Blockchain Move In a significant stride toward institutional blockchain adoption, the Government of Dubai has officially issued digital real estate assets directly on the XRP Ledger (XRPL), marking a landmark development in public sector innovation. Announced by XRPL Commons via its official X account, this initiative positions XRPL at the heart of a transformative use case: the tokenization of government-managed real estate. This deployment not only enhances efficiency and transparency but also sets a new global precedent for how blockchain can streamline complex public sector operations.
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