Cetus Protocol May Resume Operations with $30 Million USDC Loan and Recovery Measures
The post Cetus Protocol May Resume Operations with $30 Million USDC Loan and Recovery Measures appeared on BitcoinEthereumNews.com. Cetus Protocol has officially relaunched its platform, marking a significant milestone in its recovery efforts following a major security breach in May 2025. The recovery plan includes a strategic $30 million USDC loan from the Sui Foundation and a $7 million reserve contribution from the Cetus team to restore liquidity and compensate affected liquidity providers. According to COINOTAG, the protocol’s commitment to not mint additional tokens post-recovery has been pivotal in regaining user trust and stabilizing market sentiment. Cetus Protocol resumes full operations with a $30M USDC loan and asset recovery, aiming to restore liquidity and confidence after a major breach in May 2025. ‘, ‘
The post Cetus Protocol May Resume Operations with $30 Million USDC Loan and Recovery Measures appeared on BitcoinEthereumNews.com.
Cetus Protocol has officially relaunched its platform, marking a significant milestone in its recovery efforts following a major security breach in May 2025. The recovery plan includes a strategic $30 million USDC loan from the Sui Foundation and a $7 million reserve contribution from the Cetus team to restore liquidity and compensate affected liquidity providers. According to COINOTAG, the protocol’s commitment to not mint additional tokens post-recovery has been pivotal in regaining user trust and stabilizing market sentiment. Cetus Protocol resumes full operations with a $30M USDC loan and asset recovery, aiming to restore liquidity and confidence after a major breach in May 2025. ‘, ‘
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