$SUI Can one rise again after experiencing a hacker attack?
It has been nearly half a month since the hacker attack, what efforts has the SUI public chain ecosystem made?
On May 22, in the morning, hackers attacked Cetus, siphoning off 230 million USD. Cetus urgently suspended the contract and issued an announcement.
On May 22, in the afternoon, hackers transferred out approximately 60 million USD across chains, while the remaining 162 million USD still resided in Sui chain addresses. Sui verification nodes quickly took action, adding the hacker's address to the Deny List to freeze the funds.
On the evening of May 22, Sui CPO @emanabio tweeted to confirm: the funds have been frozen, and returns will begin shortly.
On May 23, Cetus began to fix vulnerabilities and update the contract.
On May 24, Sui open-sourced a PR, explaining that recovery of funds will soon occur through an aliasing mechanism and whitelist.
On May 26, Sui initiated on-chain governance voting, proposing whether to implement a protocol upgrade and transfer hacker assets to a custodial address.
On May 29, the voting results were announced, with over 2/3 of the verification node weight in support; preparations for the protocol upgrade were set to proceed.
From May 30 to early June, the protocol upgrade took effect, specified transaction hashes were executed, and hacker assets were legally transferred.
From SUI's ecosystem support to improvement, please give it some time, and SUI's tokens will also see a large amount of unlocking this month, which may face further price declines. It is advisable to maintain a wait-and-see attitude now.
