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Cetus DEX Drops Exploit Post-Mortem—$223M Hole Sparks ’Recovery Roadmap’
Cetus DEX Drops Exploit Post-Mortem—$223M Hole Sparks ’Recovery Roadmap’
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Cetus DEX just ripped the Band-Aid off—publishing a brutal post-mortem after a $223M exploit shook its liquidity pools. The decentralized exchange isn’t folding though—it’s rolling out a recovery plan that reads like a crypto version of disaster triage.
Rebuild or rug? The team’s transparency here is either refreshing or desperate PR—depends who you ask. Either way, their ’user reimbursement framework’ better involve more than just hopium and airdropped governance tokens. (Because nothing says ’we’re solvent’ like paying people in monopoly money.)
One thing’s clear: DeFi’s ’code is law’ mantra just got another stress test. And as usual, the lawyers are circling faster than the white-hat hackers.
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