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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 cause, accounting for over $229 million of losses acr…
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 digital assets on May 22, but validators managed to f…
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 are now in a position to fully cover the stolen asse…