Crypto

Cetus on Sui to Transfer Frozen Assets of Attacker

2025/06/01 23:27
CoinPost
Written by K.Kobayashi
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Cetus on Sui to Transfer Frozen Assets of Attacker

Advancing Asset Recovery

On the 30th, Cetus, a decentralized exchange (DEX) on the Sui blockchain, announced that a proposal to execute a special transaction to transfer the frozen portion of cryptocurrencies stolen by an attacker was approved in a governance vote. The voting period, which started on the 27th, was set for a maximum of seven days but met the approval criteria early, thus finalizing the results. Cetus explained that following this, an upgrade to the Sui protocol will be implemented to first move the stolen assets from the attacker's address to Cetus's multisignature address, and subsequently return them to the original holders.

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.