Sui announced an additional $10 million to strengthen ecological security guarantees.

Gate News bot reported that according to Wu, Sui announced that it has decided to take comprehensive security enhancement measures in response to the incident caused by the mathematical library vulnerability of Cetus. Although this incident was not caused by a security flaw in Sui or Move, considering the losses suffered by users, Sui will invest 10 million USD in security projects such as auditing, bug bounty, and Formal Verification. These specific measures will be implemented through consultations with the developer community. At the same time, Sui will also provide explanations for the existing security measures.

Original Link