Bucket Protocol 🪣

Sui turns 3. 3 years of Sui Mainnet. 3 years of building a full stack. 3 years of the best community. To the builders and the believers: the journey is only 1% done. Happy birthday, Sui.

Attention Aftermath community - We’ve identified an exploit affecting the protocol. Our team is actively investigating alongside leading security partners. As a precaution, the protocol has been paused and measures are being taken to minimize potential impact to user funds. We’ll continue to share updates as we learn more. Thank you for your patience.

REDOTPAY EXPANDS INTO SUI WITH NATIVE STABLECOIN PAYMENTS RedotPay has integrated $SUI and USDsui, enabling direct stablecoin payments and global payouts without relying on bridged assets.

✅ INCIDENT UPDATE We have unfreezed the core contracts and all operations have resumed. The issue was not related to the core protocol and was isolated to a deprecated rewards contract. User deposits were not impacted and all funds remain safe. Withdrawals and deposits are now operating normally. We will share more details soon. Thank you for your support as we continue to monitor and strengthen the protocol! 🐚

A note on the recent Scallop incident. As sSUI is listed as collateral on Bucket, we moved promptly to set the mint cap on all sCoin markets to 0. This is a precautionary measure. Bucket is operating normally. All other markets are unaffected, and existing user positions are not impacted by this change. We are coordinating closely with the ecosystem and will provide further updates as the situation develops.

🚨 SECURITY INCIDENT NOTICE We have identified an exploit affecting a side contract related to Scallop’s sSUI spool rewards pool, resulting in a loss of approximately 150K SUI. The affected contract has been frozen. Our core contracts remain safe and only the sSUI rewards pool was impacted. All other pools are safe. Scallop will fully cover 100% of the loss. We are actively investigating and will share further updates soon. Thank you for your patience and continued support. 🐚

Introducing Hashi: a new era of Bitcoin finance on Sui. Bitcoin's market cap exceeds $1 trillion. < 0.5% of it is used in DeFi. Hashi is here to change that, with commitments from industry leaders including BitGo, Bullish, Erebor Bank, FalconX, Fordefi, Ledger, and more.