Sui Blockchain Fast-Tracks Whitelist Function After Messy CETUS DEX Hack
- Sui blockchain rolled out a Whitelist function after the CETUS DEX hack, likely for fund recovery.
- This Sui Whitelist lets certain transactions bypass security, sparking a big decentralization debate.
- While it may help “rescue” stolen funds, critics point to Sui’s increased network control capability.
The Sui blockchain, native home to the recently hacked CETUS decentralized exchange (DEX), has urgently rolled out a new “Whitelist” function.
Users and analysts suspect this move is directly tied to preventing future exploits and, more immediately, aimed at getting targeted funds back from the CETUS incident.
Sui’s New Whitelist To Bypass Security Checks, Enable “Restore Module”
According to reports, Sui’s new Whitelist feature will allow specified transactions to skip standard security checks. It would also enable a “restore module” (system bottom-level privilege) and add the upgraded transaction to the Whitelist. This move may be in preparation for the subsequent return of hacker funds to the liquidity pools (LPs) affected by the CETUS hack.
A Sui community member studying the newly launched Whitelist highlighted his observations on how Sui p…
The post Sui Blockchain Fast-Tracks Whitelist Function After Messy CETUS DEX Hack appeared first on Coin Edition.
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Sui Blockchain Fast-Tracks Whitelist Function After Messy CETUS DEX Hack
- Sui blockchain rolled out a Whitelist function after the CETUS DEX hack, likely for fund recovery.
- This Sui Whitelist lets certain transactions bypass security, sparking a big decentralization debate.
- While it may help “rescue” stolen funds, critics point to Sui’s increased network control capability.
The Sui blockchain, native home to the recently hacked CETUS decentralized exchange (DEX), has urgently rolled out a new “Whitelist” function.
Users and analysts suspect this move is directly tied to preventing future exploits and, more immediately, aimed at getting targeted funds back from the CETUS incident.
Sui’s New Whitelist To Bypass Security Checks, Enable “Restore Module”
According to reports, Sui’s new Whitelist feature will allow specified transactions to skip standard security checks. It would also enable a “restore module” (system bottom-level privilege) and add the upgraded transaction to the Whitelist. This move may be in preparation for the subsequent return of hacker funds to the liquidity pools (LPs) affected by the CETUS hack.
A Sui community member studying the newly launched Whitelist highlighted his observations on how Sui p…
The post Sui Blockchain Fast-Tracks Whitelist Function After Messy CETUS DEX Hack appeared first on Coin Edition.
Read More
Cetus Hack Aftermath: Sui Community Debates Frozen Funds Return, Weighs User Protection