TechFlow news, May 27 — According to official announcements, Sui will allocate $10 million to strengthen ecosystem security. The funding will support security measures such as audits, bug bounty programs, and formal verification. This move responds to the recent Cetus incident, which stemmed from a vulnerability in Cetus's math library rather than from Sui or the Move smart contract language itself. Sui stated that despite this distinction, users experienced similar impacts, underscoring the need to enhance ecosystem-wide security.
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