Frozen Funds: The Sui Hack That Shook DeFi’s Foundations

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On May 22, 2025, the crypto space was rocked when Sui's core bridge infrastructure suffered a massive exploit, resulting in the theft of $223 million in tokens. As the crypto world slept, an attacker manipulated validator approvals to mint unbacked assets, showcasing vulnerabilities in cross-chain bridges. This shocking event took a twist when Sui validators acted swiftly to freeze the stolen funds, saving over $162 million but igniting a debate over decentralization and control. Was this heroic intervention or a dangerous precedent? Join us as we dive deep into the implications of this crisis, the fragile nature of trust in DeFi, and the lessons that must be learned for the future of blockchain technology.
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https://shop.ledger.com/?r=8ba3729499e4 - Ledger Wallet
https://tangem.com/pricing/?promocode=3VPPFM - Tangem Wallets
https://coinbase-consumer.sjv.io/c/5838247/552039/9251 (affiliate)
https://itrustcapital.com/?referral_id=VD689G&utm_source=RAF - Crypto Retirement Account

Disclaimer: The information provided is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.

#Crypto #DeFi #Sui #Blockchain #CryptoSecurity #TrustCrisis #DeFiDrama