PANews
PANews|May 27, 2025 00:51
Sui will add $10 million to strengthen ecological security construction In response to the recent Cetus protocol security incident, Sui Network announced an additional investment of $10 million to enhance ecological security protection. The funds will be used for smart contract auditing, vulnerability bounty programs, formal verification, and other directions. Specific plans will be jointly developed with the developer community. The team emphasizes that the root cause of this incident lies in a vulnerability in the Cetus math library, rather than a security flaw in the underlying Sui or Move language, but acknowledges that this is a "growing pains" that Sui's ecosystem must face in its development process. Sui stated that a series of security plans have been launched, including strengthening developer support tools, optimizing security development practice guidelines, etc. Sui calls on ecological project parties to learn from the incident and enhance overall security through code reinforcement.
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