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23 May 2025
20

💰 Cetus smart contract was exploited, with around $223M at risk. The team reacted quickly—froze the contract, paused $162M, and managed to secure most of the funds. They're now collaborating with the Sui Foundation to recover what's left.
In theory, decentralized systems aren’t supposed to stop. But here’s the kicker: this “unstoppable” tech just hit the pause button. Draw your own conclusions.

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