Posts published on May 23, 2025 go to media archive 2/4

Twice lucky? Cetus’ recovery plan on Sui mirrors a Solana blueprint

The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago.It turns out that Cetus shares the same development team as Crema Finance, a…

Washington moves on crypto: Stablecoin and blockchain bills signal regulatory momentum

In this week’s episode of Byte-Sized Insight, on Decentralize with Cointelegraph, we break down a pivotal moment for US crypto legislation. In a 66–32 procedural vote on May 19, the US Senate advanced the GENIUS Act, a landmark…

Cetus offers $6M bounty after $220M hack as Sui faces decentralization debate

Cetus is offering a $6 million white hat bounty in an effort to recover $220 million in stolen digital assets, while emergency responses from the Sui Network have raised concerns about decentralization.Sui-native decentralized exchange (DEX) Cetus…

Crypto Travel Skyrockets: 80% of $100M+ Bookings on Travala Paid with Digital Assets

Key Takeaways: Over $103 million was spent on Travala bookings in 2024 — 80% of which used cryptocurrency. Crypto travelers spend 2.5x more per trip, stay longer, and book closer to departure than fiat users. Binance Pay leads crypto payment…