Crypto fraud has continued to see a high rise, with reports detailing that about $244 million was lost in May 2025 due to hacks, with nearly 20 major incidents. Despite the high amount of losses, there was a significant recovery effort, with $157 million in stolen funds successfully frozen or reclaimed. The partial recovery is […]
Sui hack
Sui’s Cetus Protocol Offers $6M Bounty To Hackers After $223M Attack
Sui decentralized protocol, Cetus, has offered a $6 million bounty to the hacker responsible for the massive $223 million exploit. The team behind the platform is urging the attacker to return the stolen funds in exchange for the reward, hoping to resolve the situation without involving the authorities. On the 22nd of May, Cetus shared […]