On May 27, the Sui community initiated a seven-day onchain vote to authorize a critical transaction that could enable the full recovery of user funds lost during a $223 million…
Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3.Cetus…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Six days after a $223 million exploit shook the Sui ecosystem, decentralized exchange Cetus has announced a recovery initiative that would override hacker-controlled wallets through a protocol-level upgrade, if the…
Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process.The stock market’s May…
This is a segment from The Drop newsletter. To read full editions, subscribe.We now know more about the bug that was exploited last week, resulting in over $220 million in…
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Cetus, a trading platform on the Sui blockchain, has suffered a loss of $223 million in a major hack that occurred on 22nd May. In a recent report, the firm…
Right now, SUI shines brighter than many famous cryptos. Its blockchain, fast and scalable, attracts all attention. The TVL has climbed to 2 billion dollars, listings on OKX and Bitget…
Looking for the Best Crypto This May? BlockDAG, Arbitrum, Render, & Sui Are Dominating Watchlists!The competition to become the top-trending crypto of 2025 is reaching new heights. With adoption accelerating…