Sui

Bitcoin price may have reached a short-term top, but this could open the door to a long-awaited altcoin season.

Turns out the Cetus developers have been here before, as their hacker deal once saved Crema on Solana.

Sui-based DEX Cetus offered the hacker a $6 million white hat bounty offer as the protocols are trying to recover the stolen $220 million, with $162 million remaining frozen.

The Cetus team is working with other stakeholders in the Sui ecosystem to freeze and recover all the stolen funds from the recent hack.

Sui-based DEX Cetus has been hit by an apparent hack, with onchain data showing rapid asset drainage despite the team portraying the incident as a “bug.”

Bitcoin price rallied to a new all-time high and if it holds, select altcoins look ready to follow.

Bitcoin’s quick recovery from its Asia-trading session trade-off shows bulls are viewing every dip as a buying opportunity as BTC approaches new all-time highs.

Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000.