gtag('config', 'G-0PFHD683JR');
Price Prediction

CETUS Protocol, larger Dex for SUI, was hacked for $ 223 million

Join us cable A channel to stay in view of the coverage of urgent news

The CETUS, the largest decentralized stock exchange on the SUI network, was hacked on Thursday, and lost about $ 223 million of distinctive symbols.

the breakthrough The SUI/USDC liquidity group targeted, giving almost all liquidity on CETUS and bringing on the platform to stop.

The accident also deepened the USDC flash on the Sui series, where the exchange of hands was reported for a small part of a hundred. Liquidity in some husbands decreased sharply, as some swimming pools fell to $ 143,000.

The exploitation caused a decrease in all the distinctive symbols of 15 SUI by more than 75 %.

The CETUS Protocol is confirmed

The CETUS team confirmed the breach and the trading suspension in an attempt to contain damage. He is looking into the scope of the attack and trying to restore order to a stable condition.

“We have confirmed that the attacker had stolen about $ 223 million of CETUS,” he said. After x. “We have taken immediate measures to lock our contract to prevent further stealing money.”

He added that 162 million dollars of the money that were subjected to the danger were successfully stopped, and that it is working with the Sui Foundation and the members of the other ecosystem on the next step solutions, with the aim of recovering the remaining stolen money.

The attacker used an advanced method of attack that included sarcastic simulation symbols such as Bulla, which were used to address the wrong price accounts and reserve systems in CETUS smart contracts.

The attacker also manipulated liquidity to withdraw actual assets such as SUI and USDC, which takes advantage of the weaknesses of the DEX market maker.

Related articles:

Best portfolio – diversification of your encryption portfolio

Best portfolio
  • Easy to use
  • Get early access to iCOS, the next distinguished code
  • Multiple, multi -province, non -guardian
  • Now in the application store, Google Play
  • Class to earn the original code is the best
  • More than 250,000 active monthly users

Best portfolioBest portfolio


Join us cable A channel to stay in view of the coverage of urgent news

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button