Sui token dips as community questions decentralization over frozen funds

The decentralization of the Layer-1 blockchain Sui network is being questioned after its major DeFi platform, Cetus Protocol, called for an upgrade to recover stolen funds. Cetus had been hacked for over $222 million, but Sui Validators were able to freeze $162 million of the stolen funds.

Source: cryptopolitan.com

Related symbols: SUIUSD