{"id":494756,"date":"2025-05-24T20:30:34","date_gmt":"2025-05-24T15:00:34","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=494756"},"modified":"2025-05-24T16:32:46","modified_gmt":"2025-05-24T11:02:46","slug":"sui-rebounds-after-162-mln-cetus-hack-will-lost-funds-make-it-home","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/sui-rebounds-after-162-mln-cetus-hack-will-lost-funds-make-it-home\/","title":{"rendered":"SUI rebounds after $162 mln Cetus hack &#8211; Will lost funds make it home?"},"content":{"rendered":"<ul>\n<li><em>Sui validators froze $162M in stolen assets after the Cetus Protocol exploit, preventing further losses.<\/em><\/li>\n<li><em>Cetus patched the exploit, traced hacker wallets, and offered a whitehat deal to recover stolen funds.<\/em><\/li>\n<\/ul>\n<p><span id=\"input-sentence~0\"><a href=\"https:\/\/ambcrypto.com\/predictions\/sui-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Sui [SUI]<\/a> network is on the trend of headlines following the news that validators within the network locked up around $162 million of stolen funds from the recent Cetus protocol attack.<\/span><\/p>\n<p><span id=\"input-sentence~1\">The swift action, <a href=\"https:\/\/x.com\/SuiNetwork\/status\/1926053323410493929\" target=\"_blank\" rel=\"noopener\">confirmed<\/a> by Sui&#8217;s official account, sparked a wave of confidence across the community. <\/span><\/p>\n<p><span id=\"input-sentence~1\">While liquidity on Cetus took a hit, the validator response became a real-time test of the network&#8217;s threat-handling capabilities\u2014and it passed with force.<\/span><\/p>\n<h2><span id=\"input-sentence~2\">Community rallies for recovery plan<\/span><\/h2>\n<p>In parallel, the Cetus team issued a detailed update confirming its ongoing collaboration with the Sui Foundation, law enforcement, and anti-cybercrime experts.<\/p>\n<p>They\u2019ve already <a href=\"https:\/\/x.com\/CetusProtocol\/status\/1925653859143172608\" target=\"_blank\" rel=\"noopener\">patched<\/a> the exploit, traced hacker wallets, and initiated negotiations for a potential whitehat settlement.<\/p>\n<blockquote><p>&#8220;We have offered a time-sensitive whitehat settlement in exchange for the outstanding balance.&#8221;<\/p><\/blockquote>\n<p><span id=\"input-sentence~3\">Most importantly, the validator and community combined effort is sending a strong message that users&#8217; trust and security are important to the Sui Network.<\/span><\/p>\n<h2>Price and OI surge amid recovery hopes<\/h2>\n<p>The news comes amid growing concerns from investors about the security and timeliness of blockchain networks.<\/p>\n<p>According to CoinGlass, Open Interest in SUI spiked alongside its price, both climbing sharply after the announcement.<\/p>\n<p><span id=\"input-sentence~4\">The ability to freeze stolen funds is rare among blockchains and is a good built-in safeguard. This could be a bullish tale for SUI, especially if the recovery proves successful and enjoys widespread support.<\/span><\/p>\n<p><span id=\"input-sentence~5\">Also, the recovery plan can serve as a sentiment pivot. With the recovery process carried out openly, this could attract positive sentiment towards the long-term reliability of the network. <\/span><\/p>\n<p><span id=\"input-sentence~5\">As more people use the network and investors grow in confidence, SUI could see bullish price action.<\/span><\/p>\n<figure id=\"attachment_494771\" aria-describedby=\"caption-attachment-494771\" style=\"width: 1341px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/open-interest-SUI.png\"><img decoding=\"async\" class=\"wp-image-494771 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/open-interest-SUI.png\" alt=\"\" width=\"1341\" height=\"377\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/open-interest-SUI.png 1341w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/open-interest-SUI-300x84.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/open-interest-SUI-1024x288.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/open-interest-SUI-768x216.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/open-interest-SUI-1200x337.png 1200w\" sizes=\"(max-width: 1341px) 100vw, 1341px\" \/><\/a><figcaption id=\"caption-attachment-494771\" class=\"wp-caption-text\">Source: CoinGlass<\/figcaption><\/figure>\n<h2><span id=\"input-sentence~6\">Security as a selling point<\/span><\/h2>\n<p><span id=\"input-sentence~6\">The event, while regrettable, is becoming a model case study for good blockchain governance. Being able to respond quickly without sacrificing decentralization could change the way users assess its ecosystem security.<\/span><\/p>\n<p><span id=\"input-sentence~6\">In the meantime, everyone&#8217;s eyes are on how the recovery plan plays out. <\/span><\/p>\n<p><span id=\"input-sentence~6\">If it succeeds, it could create a new standard for Web 3 incident response, which could be a boost for SUI price action.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SUI validators freezes $162M as a post-hack response, boosting confidence and price outlook.<\/p>\n","protected":false},"author":93,"featured_media":494781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-494756","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SUI rebounds after $162 mln Cetus hack - Will lost funds make it home? 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