
Cetus Relaunches After $200 Million May Hack
Cetus Protocol, a Sui-native decentralized exchange that suffered a huge $220 million exploit in May, says it is now working on going open-source following its recent relaunch. An attacker exploited a pricing mechanism flaw to drain tokens from Cetus’ major liquidity pools on May 22. The protocol managed to freeze $162 million of the stolen…