cet

Yang Haipo, the founder of CoinEx, stated that CoinEx officially launched on December 22, 2017, and will officially close on December 22, 2026, nine years later. He mentioned that nine years is a long time in the cryptocurrency industry, and CoinEx has gone through multiple bull and bear cycles with its users, witnessing the rise and fall of numerous projects, as well as seeing many peers leave the market in different ways.Yang Haipo expressed that after reflection, he accepted the fact that CoinEx has not become a leading exchange in the industry, and the security and compliance risks of operating a cryptocurrency exchange have become increasingly difficult to control; revenue may decline, but responsibility does not lessen, and bearing unlimited risks with limited revenue is no longer a rational choice. He stated that CoinEx has survived for nine years in a highly volatile and harsh industry, and after experiencing various storms, it can still leave completely and with dignity.Regarding CET, CoinEx will repurchase it at its initial listing price of 0.005 USDT per coin, with no quantity limit set. Yang Haipo mentioned that he seriously considered selling CoinEx but ultimately decided against it because users entrusted their assets to CoinEx based on their trust in the platform and him personally. He believes that handing over the platform and this trust to a new owner is not the right way to end this journey, stating, "A clean end is the right end." CoinEx will ensure that users can fully withdraw their assets, provide employees with a dignified farewell, and offer a clear and responsible handling plan for CET holders.

Arthur Hayes updated on the X platform stating: The FLOP airdrop eligibility will depend on users' testnet activities. The testnet token faucet will be launched on Technocore.chat, and users will need to access it through the DID keys provided by the AI agent.Previously, Hayes revealed that the FLOP is planned for a large-scale airdrop in the fourth quarter of 2026, with an expected 20% of the total token supply to be airdropped to testnet participants, distributed over 10 years------this may be adjusted later, and the purpose of announcing this figure is to collect user feedback. The FLOP token is expected to become one of the top two tokens in the cryptocurrency market.

GMGN data shows that the market capitalization of BSC Meme Coin CETS briefly surged past 15 million USD, currently reported at approximately 14.36 million USD, with a daily increase of over 180%.Market news reminds users that Meme Coin prices are highly volatile, and most lack practical use cases. Please pay attention to asset protection and avoid FOMO.

Twitter co-founder Jack Dorsey's Bitcoin at Block will launch a free Bitcoin faucet, marking the return of Bitcoin faucets after 16 years. Jack Dorsey has disclosed the faucet site "btc.day" on the X platform.It is reported that the total distribution pool is approximately 1 million USD equivalent in BTC (about 15 BTC), funded by the Bitcoin treasury of Jack Dorsey's Block company.

OKX will delist the DEGENUSDT and CETUSUSDT perpetual contracts on December 26, 2025, at 16:00. When the contracts are delisted, trading for these contracts will be halted, all user orders will be canceled, and the arithmetic average of the OKX index one hour before delisting will be used as the settlement price. After the contracts are delisted, users with a position value greater than $10,000 will be restricted from transferring any assets in their trading accounts, and normal operations will resume after 30 minutes.

OKX will stop the borrowing feature for DEGEN/USDT and CETUS/USDT on December 18, 2025, at 15:00, and will suspend leveraged trading and spot borrowing services for the related trading pairs from December 23, 2025, 14:00 to 16:00. Please ensure to repay your borrowed assets in a timely manner before the service is offline to avoid triggering the system's forced repayment.

According to market news, the Wyoming Stablecoin Committee has launched the testnet "faucet" for the Frontier Stable Token (FRNT). Anyone with a digital wallet can now connect to their website and choose from one of the 8 testnets.After that, up to 1,000 "tFRNT" tokens can be requested to their public address every 24 hours. tFRNT is not backed by any reserves; it is simply a token on the testnet (i.e., development) blockchain, designed to "simulate the deployment of smart contracts on its supported 7 mainnet blockchains." Previously, it was reported that the Wyoming stablecoin FRNT has not been available for purchase since its mainnet launch last month.

ChainCatcher news, Cetus DLMM (Dynamic Liquidity Market Maker) is now officially launched. This milestone is not only a historic moment for Cetus but also a significant breakthrough for the Sui ecosystem, aimed at bringing new liquidity, precision, and programmability to Sui DeFi.Cetus invites all partners to participate in the beta testing, interact with the DLMM liquidity pool, and share your feedback to help us continuously optimize. This is not just a launch, but a step towards unlocking new possibilities in DeFi, while redefining capital efficiency on Sui.

ChainCatcher news, during Bitcoin Asia, RootData will collaborate with UXUY to hold the offline event "FAUCET 2025" on August 27 at 19:00 (UTC+8) at the Fringe Club in Lan Kwai Fong, Hong Kong. At that time, RootData founder Pan will serve as the host of the roundtable forum "Water's Edge Dialogue," engaging with guests in an in-depth discussion on key topics such as stablecoins, RWA, tokenized stocks, and on-chain markets, collectively exploring the direction of industry development.It is reported that this year's theme is "Flooding," focusing on the new ecology of compliant digital assets. The FAUCET series of events has successfully held three consecutive sessions since its launch in 2023.

ChainCatcher news, Web3 technology solution company StoneLink announced that it has officially signed a strategic cooperation memorandum with Clean Energy Technologies, Inc. (stock code: CETY.US), a company listed on the NASDAQ in the United States. The two parties will carry out in-depth cooperation in the field of clean energy, focusing on digital transformation, the application of artificial intelligence technology, and the construction of system platforms.It is reported that StoneLink is a comprehensive digital infrastructure and fintech service provider headquartered in Hong Kong, dedicated to providing global enterprises with one-stop digital technology solutions covering cloud services, AI applications, information systems, security compliance, and intelligent operation and maintenance.

ChainCatcher news, the Sui ecosystem liquidity platform Cetus officially announced that it will restart today at 9 AM (UTC+8). Users will be able to access all features of Cetus, including trading, managing liquidity positions, adding/removing liquidity, and claiming fees and rewards, with the liquidity recovery rate for affected pools ranging from 85% to 99%.Cetus will allocate 15% of the tokens for compensation contracts, with 5% available for immediate withdrawal upon restart, and 10% to be unlocked linearly over 12 months starting from June 10, 2025. The Cetus team stated that they have invested all available cash reserves of approximately $7 million and secured a loan of 30 million USDC from the Sui Foundation to support the recovery. Meanwhile, the team is taking legal action in multiple jurisdictions to recover the remaining stolen funds.

ChainCatcher message, the Sui ecosystem liquidity platform Cetus officially announced that the Cetus liquidity aggregator is back online. The Cetus CLMM routing is temporarily closed and will be opened later. A full restart of Cetus is coming soon.According to previous reports, on May 31, Cetus announced plans to complete a full recovery and restart in about a week, which includes protocol upgrades, data recovery, restarting the upgraded CLMM contracts, and fully restoring all paused product features (including LP functionality), etc.

ChainCatcher news, the SUI-based DEX Cetus, which suffered a $223 million hack, announced through platform X that it has safely transferred the frozen funds related to the hack to a multi-signature trust wallet jointly managed by CETUS, SUI, and OtterSec. These funds will be held in the wallet until they are returned to users.In response, Cetus explained: "We have entered the next phase of recovering the funds lost to the hack by ensuring their safety. We are working day and night to fulfill the roadmap promised to the community, including contract upgrades, liquidity restoration, and preparations for the relaunch."Previous report indicates that the Sui community recently approved an on-chain proposal that will release approximately $162 million that was seized during the Cetus vulnerability last week, allowing the DEX to repay users and restore full operations.

ChainCatcher message, the Sui community recently approved an on-chain proposal that will release approximately $162 million that was seized during the Cetus vulnerability last week, allowing the DEX to repay users and resume full operations. The affected funds will be transferred to a multi-signature wallet and held until they are returned to users according to the plan led by Cetus.In response, Cetus announced plans to complete a full recovery and restart in about a week, which includes data recovery, restarting the upgraded CLMM contracts, and fully restoring all paused product features (including LP functions), among others.

ChainCatcher message, Slow Mist's Yu Xian posted on platform X stating that the Cetus hacker has not yet returned the funds, holding over 60 million USD worth of ETH and has not continued to transfer it. The community has submitted suspected clues related to the Cetus hacker, and more details may be disclosed later.

ChainCatcher news, Sui is undergoing a protocol upgrade to return the stolen funds recovered from hackers to the governance proposal vote of Cetus, which is expected to pass early at 4:00 AM Beijing time on May 30. Currently, the proposal has received a voting rate of 54.4%, with 54% in favor and only 0.3% against.If this vote passes, the next version of Sui will include a protocol upgrade that will support a one-time identity verification for two special transactions. These transactions will hard-code the addresses of the two attackers, the stolen asset objects, and their destinations. It will verify the voting results, and if approved, the stolen funds from the attackers' addresses will be transferred to the Cetus multi-signature wallet, which is signed by Cetus, the Sui Foundation, and OtterSec.

ChainCatcher news, according to Decrypt, Cetus has announced a recovery plan after suffering a $223 million vulnerability attack, aimed at forcibly reclaiming $162 million of frozen funds from wallets controlled by hackers through protocol-level upgrades. Cetus has requested a community vote to restore the funds frozen after last week's hacking incident. The Sui Foundation has released on-chain community voting code, allowing Sui validators and holders to vote directly through staking delegation. Voting began on May 27 at 1 PM Pacific Time and will last for seven days, requiring over 50% participation and majority approval to pass.Cetus stated that by utilizing its cash and token reserves, it is now able to fully cover the stolen assets, which includes a significant loan from the Sui Foundation, enabling all affected users to recover 100% of their losses.

ChainCatcher news, according to the token unlock data from the Web3 asset data platform RootData, Cetus (CETUS) will unlock approximately 8.33 million tokens on June 4th at 7 AM Beijing time, worth about 1.4 million USD.