Sui Validators Freeze $162M Following Cetus DEX Exploit - Crypto Head
Many validators are now from the wallets linked to the stolen assets as .
Approximately was bridged to Ethereum, with about via a wallet ending in .
The hack is part of a of cyberattacks targeting crypto and Web3 platforms in , sparking renewed calls for and concerns about .
The has been —some praised the , while others questioned the of the Sui network.
The incident remains ongoing as efforts to trace and recover the remaining funds continue.
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
Check Adam out on: