CETUS Protocol hack has been confirmed 🚨

Nearly $220M in funds were hacked and so far $160M has been frozen.

The team is working with SUI Foundation, Binance etc. to recover the remaining $60M from the hackers.

Due to this hack, $CETUS is down over 15%.

Despite Crypto being a $3.5T+ industry, we still needs to work a lot on security and decentralization.