Cetus Reboots: Bold Recovery After $223M Hack, with Majority of Funds Secured

TL;DR Rapid Recovery: Cetus Protocol, operating on the Sui blockchain, has swiftly relaunched after a $223M hack, with most of the stolen funds recovered. Strategic Measures: The team froze $162M of compromised assets and utilized a $30M USDC loan plus $7M in cash reserves to restore liquidity pools to near-original levels. Enhanced Security: Immediate patching. . . source: https://crypto-economy.com/cetus-reboots-bold-recovery-after-223m-hack-with-majority-of-funds-secured/