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Cetus Protocol Gets $223M Compensation Lifeline From Sui Foundation as Community Approves Recovery Plan

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Cetus Protocol is moving to reimburse users affected by a $223 million exploit last week, following a financial lifeline from the Sui Foundation and an ongoing governance vote that would release frozen on-chain assets linked to the attack. The Sui Foundation on 28 May confirmed it has issued a $60 million loan to support immediate […]

The post Cetus Protocol Gets $223M Compensation Lifeline From Sui Foundation as Community Approves Recovery Plan appeared first on Coinchapter.

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