ZachXBT Calls Out Sui Over Poor Incident Response Infrastructure
- SuiSecurity reports a smart contract exploit with partial fund recovery underway.
- ZachXBT warns that Sui’s lack of third-party tools limits incident response.
- Analyst references Aptos as an example of effective integration.
Blockchain analyst ZachXBT has publicly criticized Sui Network’s security infrastructure and its handling of the recent exploit. He says Sui’s decision to handle investigations in-house has limited its ability to respond effectively and track stolen funds.
Yesterday, June 2, Sui’s security team disclosed an update about the smart contract exploit that affected several DeFi protocols built on the Sui Network.
According to SuiSecurity, the attacker exploited a vulnerability related to “DeepBook,” the network’s order book engine.
Related: Cetus Hack Aftermath: Sui Community Debates Frozen Funds Return, Weighs User Protection
ZachXBT Criticizes Sui’s Response Strategy
Shortly after the announcement, prominent crypto investigator ZachXBT responded with criticism. He argued that Sui’s reliance on internal tools and processes slowed its ability to handle the breach.
“Teams need to stop trying to do everything in-ho…
The post ZachXBT Calls Out Sui Over Poor Incident Response Infrastructure appeared first on Coin Edition.
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ZachXBT Calls Out Sui Over Poor Incident Response Infrastructure
- SuiSecurity reports a smart contract exploit with partial fund recovery underway.
- ZachXBT warns that Sui’s lack of third-party tools limits incident response.
- Analyst references Aptos as an example of effective integration.
Blockchain analyst ZachXBT has publicly criticized Sui Network’s security infrastructure and its handling of the recent exploit. He says Sui’s decision to handle investigations in-house has limited its ability to respond effectively and track stolen funds.
Yesterday, June 2, Sui’s security team disclosed an update about the smart contract exploit that affected several DeFi protocols built on the Sui Network.
According to SuiSecurity, the attacker exploited a vulnerability related to “DeepBook,” the network’s order book engine.
Related: Cetus Hack Aftermath: Sui Community Debates Frozen Funds Return, Weighs User Protection
ZachXBT Criticizes Sui’s Response Strategy
Shortly after the announcement, prominent crypto investigator ZachXBT responded with criticism. He argued that Sui’s reliance on internal tools and processes slowed its ability to handle the breach.
“Teams need to stop trying to do everything in-ho…
The post ZachXBT Calls Out Sui Over Poor Incident Response Infrastructure appeared first on Coin Edition.
Read More
Public Shell Firms Ramping Up Altcoin Buys Draws Skepticism: FT