Cetus Protocol Suffers $223M Exploit, Token Price Drops 40%

Cetus Protocol, the decentralized exchange on the Sui blockchain, has suffered a severe security breach resulting in over $223 million in losses. The hack, which affected 46 liquidity pairs, caused a sharp drop in several Sui-linked tokens. Hacker Used Fake Tokens to Drain Liquidity Pools on Cetus Protocol Blockchain analysis by Lookonchain identified wallet address […]

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