#Sui Reveals Cause Of Cetus Hack, Commits $10M To Boost Network’s Security
Sui has stated that the Cetus hack was caused by a flaw in the protocol's software and committed $10 million to network security.
Sui Reveals Cause Of Cetus Hack, Commits $10M To Boost Network’s Security
Highlights
The Sui network stated that the Cetus hack was caused by a bug in the DEX's math's library and no a malware in the network or Move.
Sui plans to spend another $10 million on security initiatives.
The Sui network has released a post-mortem report of what caused the $260 million Cetus hack, which shook its ecosystem last week. As part of the report, the network also announced plans to boost security, a move which is bullish for the SUI price.
