Nemo Protocol Loses $2.4M to Hackers on Sui Blockchain Before Planned Maintenance

Nemo Protocol, a decentralized finance yield platform operating on the Sui blockchain, fell victim to a cyberattack that resulted in $2.4 million in losses just ahead of its scheduled maintenance window, causing total value locked to crash 75% from over $6.3 million to $1.57 million as users fled the platform amid the third major DeFi hack this month.