DeFi hacks accounted for most of May’s $302 million crypto losses: Certik - cetus, block, million, crypto, may, april, cetus protocol, The Block, 2024, defi, Crypto, ai

DeFi hacks accounted for most of May’s $302 million crypto losses: Certik

Crypto users and decentralized finance (DeFi) protocols lost $302 million to hacks and scammers in May, down 16.9% from the prior month, according to blockchain security firm Certik.The latest report identified code vulnerabilities as the leading cau

Sui community passes vote to repay $162M to Cetus exploit victims - cetus, Crypto, Cointelegraph, sui

Sui community passes vote to repay $162M to Cetus exploit victims

Sui validators approved a governance proposal to return $162 million in frozen assets linked to a recent exploit of the decentralized exchange Cetus, marking a key step toward full user repayment.Cetus was exploited for over $220 million worth of dig

Cetus poses community vote to possibly return 100% of funds to users affected by $223 million exploit - cetus, million, The Block, wormhole, defi, ronin, ethereum, Crypto

Cetus poses community vote to possibly return 100% of funds to users affected by $223 million exploit

Cetus, a decentralized exchange and liquidity infrastructure provider on Sui, said that individuals affected by the $223 million exploit on May 22 could recover 100% of their funds through a community vote. "Using our cash and token treasuries, we ar