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BiyaPay Analyst: Apple to Launch Smart Glasses in 2026, Significant Growth of BiyaPay Platform Users Investing USDT in Apple Stock

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. According to Sui Network , the validators could freeze the funds by ignoring transactions from the two addresses tied to the attack, effectively preventing the attacker from bridging out all the stolen funds. However, Cetus protocol has requested a network upgrade to regain the frozen funds. The decentralized exchange and liquidity provider called for a community vote to decide on the upgrade. The Sui Network team described the request as extraordinary, noting that Cetus desperately needs funds. Thus, it has agreed to let the vote happen on the condition that the Sui Foundation abstain from voting to remain neutral and that Cetus must publicly commit to returning all lost funds to users. Meanwhile, the Cetus team noted that it needs the recovered funds to repay users who lost assets to the hack while efforts to recover the remaining $60 million are ongoing. However, it acknowledged that it would respect the decision of the community. It wrote: “No one can make this decision unilaterally. We propose an on-chain vote involving the network’s major participants, including validators and SUI stakers, to decide. We want to recover and return the stolen funds, but we will respect whatever the community decides.” However, the upgrade’s scope is unclear. Sui Network had said it would not roll back the chain history or reverse transactions. It added that the design details and code for the vote will soon be shared. So far, most of the reactions to the possible upgrade have been negative, with many users concerned such an upgrade could make the network lose trust as a decentralized protocol. Others added that rolling back or upgrading the network to recover the loss would be wrong. They claimed that Cetus was well aware of the flaws in its smart contracts since last year, when they were exploited at a smaller scale with memecoins but failed to act. Thus, the protocol should cover the losses itself. Meanwhile, some users think the voting itself might be a charade. They noted that only 3.2% of SUI supply went to the public while half went to venture capital firms and insiders who have been staking all their tokens. Thus, they believe that these VC firms will determine the outcome of the vote, and individual stakers will not influence the final decision. Interestingly, some users have criticized validators’ efforts to freeze funds, saying it amounts to censorship and defeats true decentralization. However, the team clarified that any validator on any network can decide to ignore transactions, and if enough of them do it, the transaction fails. Despite the overwhelming opposition, several people still believe it is the best decision as it will ensure that Cetus users get their funds back. One user even recommended that founders and stakeholders with liquidity pools on Cetus decide, since they have a stake in the outcome. While debates continue over whether Sui should have the network upgrade, the network native token SUI is down 6.57% to $3.63 in the last 24 hours. Its decline is due to broader market struggles with price corrections after BTC set a new peak price of around $112,000. However, the Cetus hack also contributed to the SUI drop, with the token dropping more than 13% from $4.19 to $3.62 the day after the incident. The CETUS token is not doing any better. Due to the incident, it is down 5% today and more than 17% in the past week. It is trading at $0.1640 at press time. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

While the broader crypto market faced a slight correction, institutional investors are showing no signs of backing down. In fact, they're doubling down. BlackRock just bought: That’s over $480 million in fresh capital flowing into the top two cryptocurrencies—despite the dip. These large-scale buys confirm what many traders already suspect: smart money is buying the dip, not fearing it. Bitcoin remains above $108K and Ethereum is holding strong above $2.5K, with this level of accumulation hinting at continued institutional confidence. Corrections are part of the cycle—but BlackRock’s aggressive buys signal one thing loud and clear: the bull run is far from over. Total crypto market cap in USD - TradingView While the broader crypto market faced a slight correction, institutional investors are showing no signs of backing down. In fact, they're doubling down. BlackRock just bought: That’s over $480 million in fresh capital flowing into the top two cryptocurrencies—despite the dip. These large-scale buys confirm what many traders already suspect: smart money is buying the dip, not fearing it. Bitcoin remains above $108K and Ethereum is holding strong above $2.5K, with this level of accumulation hinting at continued institutional confidence. Corrections are part of the cycle—but BlackRock’s aggressive buys signal one thing loud and clear: the bull run is far from over. Total crypto market cap in USD - TradingView

SlowMist releases analysis of the $230 million Cetus theft: hackers used a very small amount of tokens to exchange for huge amounts of liquid assets SlowMist released an analysis of the $230 million theft of Cetus, which pointed out that the core of this incident was that the attacker carefully constructed parameters to cause overflow but bypass detection, and finally exchanged a huge amount of liquid assets with a very small amount of tokens. The core reason is that there is an overflow detection bypass vulnerability in checkedshlw in the getdeltaa function. The attacker took advantage of this, causing the system to have a serious deviation in calculating how much haSUI actually needed to be added. Because the overflow was not detected, the system misjudged the number of haSUI required, resulting in the attacker only needing a few tokens to exchange a large amount of liquid assets, thus realizing the attack. This attack demonstrates the power of mathematical overflow vulnerabilities. The attacker selected specific parameters through precise calculations and exploited the defects of the checkedshlw function to obtain billions of liquidity at the cost of 1 token. This is an extremely sophisticated mathematical attack, and developers are advised to strictly verify the boundary conditions of all mathematical functions in smart contract development.

Suilend publishes third-party audit report on its products and says it has open-sourced its code to ensure transparency SuiLend, a DeFi lending service in the Sui ecosystem, said in a post on the X platform that user security and protocol integrity are the top priorities of Suilend, SpringSui and STEAMM. They also understand that funds are protected from smart contract vulnerabilities. They have now released third-party audit reports for their products and open sourced their code to ensure transparency. It is reported that there was news that the Cetus hacker had deposited $10 million of SUI assets into Suilend, or intended to lend stablecoins.