After a detailed analysis and official responses from both sides $SUI I and @CetusProtocol, here’s what really happened:
🔍 Key findings:
The exploitation was not caused by a flaw in the Sui blockchain network itself — the root cause was a bug in the mathematical library used by Cetus.
But here’s where it gets interesting (and shows how seriously they take user protection):
✅ Quick response from Sui and Cetus teams:
• Sui validators froze the attackers' wallets within hours
• Over $160M in stolen funds were blocked before they could be withdrawn
• Cetus published a full incident report and a public recovery roadmap
• Validator voting for the return of LP assets is currently ongoing
• The @SuiNetwork fund has committed an additional $10M for ecosystem security
🎯 Expected security measures:
• Stricter audits
• Large rewards for bug discovery
• Official verification practices
• Infrastructure updates for enhanced protection
This demonstrates the level of maturity, transparency, and action needed in the Web3 world. 🛡️
Security in cryptocurrency is not a one-time attempt — it’s a continuous culture, and Sui Network proves that it takes this matter seriously.
📢 If you are not yet in this ecosystem, now is the time to get involved.
👉 Register now on Binance and start earning while staying informed about real, reliable, and sustainable projects like $SUI.
Let’s grow together in this safe, transparent crypto space.
#BİNANCE #CryptoNews #BinanceSquare #SUI🔥