Cetus Offers $6M Bounty After $220M DeFi Hack: Sui Faces Centralization Scrutiny

In one of the largest DeFi breaches of 2025, Sui-based decentralized exchange Cetus suffered a massive $220 million exploit on May 22. In response, the platform has offered a $6 million white hat bounty to recover the stolen funds—while the Sui Network faces backlash over proposed centralization measures. $220M Hack Targets Cetus, But $162M Frozen … Continue reading Cetus Offers $6M Bounty After $220M DeFi Hack: Sui Faces Centralization Scrutiny