BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Sui Network Bolsters Security Following $260M Cetus Protocol Exploit
Sui Network Bolsters Security Following $260M Cetus Protocol Exploit
13
1
Sui Network has implemented enhanced security measures after a $260 million exploit targeting its Cetus decentralized exchange protocol. Forensic analysis revealed the vulnerability originated in the protocol’s mathematical architecture rather than Sui’s core infrastructure or MOVE programming language.
The network’s technical post-mortem underscores its commitment to ecosystem security. New safeguards are being deployed to prevent similar attacks, though the incident highlights persistent smart contract risks in DeFi. Market observers note this marks another high-profile exploit in a series of DeFi security failures this year.
By:
Previous
Russia’s Economy Cools Amid High Interest Rates and Waning War Spending
Next
Alchemy Pay Taps Australia’s Crypto Market with Seamless PayID Integration
