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Sui Validators Vote 90% In Favor of Recovery Plan After Cetus Hack

coingape.com

1 day ago

Sui Validators Vote 90% In Favor of Recovery Plan After Cetus Hack

Validators representing over 90% of the stake on the Sui blockchain have voted in favor of a recovery plan to address the recent Cetus hack. The on-chain community vote concluded early due to the overwhelming support for the proposal. This decision enables the transfer of frozen funds to a multi-signature wallet to be held in trust until they can be returned to users.

https://coingape.com/sui-validators-vote-90-in-favor-of-recovery-plan-after-cetus-hack/?utm_source=CryptoNews&utm_medium=app