Sui Announces $10 Million Security Overhaul After the Cetus Hack

Description

Sui Network has announced a $10 million investment into ecosystem-wide security improvements, following a $223 million exploit targeting Cetus Protocol, a decentralized exchange built on Sui.

Authors

Mohammad Shahid

Publish date

May 26, 2025

Publisher

BeInCrypto

Web URL

https://beincrypto.com/sui-security-upgrade-cetus-hack

Referenced by

Sui and Cetus release postmortem report on Cetus hack

Crypto news

News story

The new measures aim to shift Sui’s approach from platform-only responsibility to shared accountability across the ecosystem.

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Quote

The announcement follows a major exploit of the Cetus Protocol on May 22. Attackers drained $223 million by exploiting a vulnerability in an AMM function.

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