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End at 18:00, May 25 (UTC)
The most hardcore counterattack in DeFi history! Sui staged a 220 million asset defense battle, and the Hacker fainted crying in the dark web toilet! 💥
I was just munching on duck neck while scrolling through Twitter when suddenly I was shocked by the stunning operation of the Sui mainnet that made my duck neck fall! This wave can be called the annual blockbuster of the DeFi version of "cat and mouse," with plot twists from vulnerabilities exploding to full compensation, even more thrilling than the ending of "Game of Thrones"! Quickly follow Little Fatty to highlight the key points👇
🔥 220 million asset defense battle full record 🔥
🕒 May 22nd, 11:00 PM
Cetus DEX suddenly revealed a "cash ability" vulnerability, with a hacker leveraging 1 token to unlock $223 million in assets, $60 million has already been bridged to Ethereum. This operation has directly caused the DeFi community to lose sleep, and the topic #DeFi安全# instantly flooded Twitter 💥
👑 On May 24, Wang fried a combination of punches
Sui official directly throws out the "most robust" solution in history:
✅ Protocol upgrade unfreezing: No need to roll back transactions! 162 million frozen assets fly directly back to the liquidity pool, user accounts instantly become "fully revived" 🎮
✅ Neutral compensation double insurance: Sui actively waives voting rights, Cetus signs a "death pact" to promise full compensation, this move directly locks user assets in the safe 🔒
🤯 Hacker encountered "on-chain house arrest"
Sui validators collectively initiated a "full chain blockade", hackers' 162 million assets were frozen! Although it still shows on-chain as theirs, all transactions are ignored, and the stolen funds have turned into scrap metal 🗑️ Even more extreme is Cetus's "white hat protocol": return the assets within 48 hours to receive a reward of 6 million ETH, otherwise a global manhunt will be initiated! This "carrot and stick" approach puts hackers in a dilemma 🤯
💡 Textbook Operations for DeFi Security
This incident exposed deep vulnerabilities in DeFi: the overflow check for Cetus's get_delta_a function failed. However, Sui's response can be considered legendary:
🔧 Technical Innovation: Move language + Validator collaboration, achieving "freeze without rollback" to protect the immutability of the chain while safeguarding user wallets!
🤝 Governance breakthrough: Abandoning official voting rights + mandatory compensation, deeply binding community will + project party responsibility, this wave of governance innovation has made Ethereum developers exclaim "learned a lot"📚
🌐 Ecological Synergy: Seamless collaboration among foundations, validators, and security institutions, demonstrating the self-repair ability of the public chain ecosystem!
🚀 Historic Moment
The voting system on the Sui chain is currently in the countdown to deployment, and the Cetus compensation reserve account has been made public. This is the first time DeFi has achieved "zero loss of user assets," directly rewriting the industry's safety standards! As the Sui developers said: "We cannot prevent hacker attacks, but we can ensure that users do not pay for vulnerabilities."💪
Star Voyager Alliance Critical Commentary:
This incident is not only the ultimate test of Sui technology but also a turning point for DeFi from "barbaric growth" to "safe maturity." As hackers go crazy on the dark web unable to cash out their stolen funds, tens of millions of users on the Sui chain are witnessing history—this is what Web3 should look like! 🎉 #sui # Cetus #加密货币 # blockchain $SUI