🚨The $SUI Foundation has pledged an additional $10 million toward ecological #security following the $CETUS exploit. Though the vulnerability stemmed from Cetus's math library—not the Sui protocol or Move language—Sui officials aim to bolster overall developer protection.
Funds will support:
🔹Smart contract audits
🔹Bug bounty programs
🔹Formal verification
🔹Collaborative security initiatives with the developer community
Sui emphasized that while security is central to its design, human coding errors are inevitable. They urge co-builders to treat this as a wake-up call to strengthen critical code security and improve network resilience.