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Bitcoin

Blockchain Security launches CETUS HAC after death

Blockchain dedaub security company released a report after the death of CETUS, which determined the root cause of the attack as exploitation of liquidity parameters used by the CETUS (AMM), which was not discovered by the “surplus” code.

According to a reportThe infiltrators used a defect in examining the most important bits (MSB), allowing them to deal with the values ​​of liquidity parameters according to the size of the size and the creation of relatively large sites with key pressure. Dedaub security researchers wrote:

“This allowed them to add huge liquidity situations with only one unit of symbolic inputs, after which the collectively drains contain hundreds of millions of distinctive symbols.”

The accident and post -death reflects the unfortunate trend of exploitation of cybersecurity and the paradoxes that affect the encryption and the Web3 industry.

Executive managers in the industry have constantly warned that industry companies should create guarantees and protect users before the organizers pounce and impose guarantees on the industry.

Daming MSB examination. source: Deedaub

Related to: Lucky twice? CETUS Restoring Plan on SUI reflects the Solana scheme

The CETUS decentralization was hacked, which led to losses of $ 223 million

On May 22, Excination Cetus was hacked, causing the user’s losses 223 million dollars within a period of 24 hours.

CETUS and Sui Foundation also announced that the health of the SUI network has frozen the majority of stolen assets.

163 million dollars were frozen from $ 223 million by the health and partnership of the ecosystem on the same day that it penetrates, according to the CETUS team.

The response draws criticism and central allegations

The decision to freeze the stolen money addressed mixed reactions from the encryption community, where decentralized defenders criticize the audit to enter and control the chain.

“SUI is actively monitoring transactions via Blockchain,” a user books On X, echoing many other jobs.

Cross, electronic crimes, cybersecurity, breakthroughs
source: but

“This completely undermines the principles of decentralization and turns the network into something more than a central central database,” the post continued.

“It is interesting to the number of Web3 projects that VCS strongly supported on centralization, despite borrowing the spirit of bitcoin,” said Steve Boer on May 23. mail.

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