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🚨 ResupplyFi loses $9.6 million in price manipulation exploit Stablecoin protocol ResupplyFi was hit by a major DeFi exploit, with $9.6 million stolen after a price manipulation attack on its wstUSR market. 🧠 According to blockchain security firm Cyvers, the attacker used Tornado Cash for funding and exploited a smart contract vulnerability to artificially inflate token prices, borrowing millions in reUSD with minimal collateral. šŸ’ø The stolen funds were swapped to ETH and split between two wallet addresses. šŸ” The protocol has paused the affected contracts and announced that a full post-mortem report will follow soon. šŸ“‰ According to CertiK, this adds to the $2.1+ billion already lost in DeFi exploits in 2025 alone. šŸ‘‰ This highlights the urgent need for stronger validations, reliable oracles, and real-time monitoring across DeFi protocols. $ETH #Write2Earn #CryptoSecurity #DeFiExploit #ResupplyFi #Web3Alert
🚨 ResupplyFi loses $9.6 million in price manipulation exploit

Stablecoin protocol ResupplyFi was hit by a major DeFi exploit, with $9.6 million stolen after a price manipulation attack on its wstUSR market.

🧠 According to blockchain security firm Cyvers, the attacker used Tornado Cash for funding and exploited a smart contract vulnerability to artificially inflate token prices, borrowing millions in reUSD with minimal collateral.

šŸ’ø The stolen funds were swapped to ETH and split between two wallet addresses.

šŸ” The protocol has paused the affected contracts and announced that a full post-mortem report will follow soon.

šŸ“‰ According to CertiK, this adds to the $2.1+ billion already lost in DeFi exploits in 2025 alone.

šŸ‘‰ This highlights the urgent need for stronger validations, reliable oracles, and real-time monitoring across DeFi protocols.

$ETH
#Write2Earn #CryptoSecurity #DeFiExploit #ResupplyFi #Web3Alert
B
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Price
5.574
Sui Validators Halt $162M in $220M Cetus HackCetus Protocol hacked for $220M; $162M frozen by Sui validators. $6M bounty offered to recover $60M in stolen ETH and frozen funds. Hack exploited Cetus’s smart contract pricing oracle vulnerability. Sui’s validator freeze raises concerns over network decentralization.CETUS token drops 53%, SUI price falls 15% after exploit. #CetusHack #SuiBlockchain #DeFiExploit #CryptoSecurity #Decentralization On May 22, 2025, Cetus Protocol, a leading decentralized exchange on the Sui blockchain, suffered a $220 million exploit. Sui validators swiftly froze $162 million of the stolen assets, preventing further losses. The hack targeted vulnerabilities in Cetus’s smart contracts, draining liquidity pools and sparking debate about the Sui network’s decentralization. Cetus paused its smart contracts immediately to limit damage. The attacker exploited a flaw in the Concentrated Liquidity Market Maker system, manipulating token prices with fake tokens. Approximately $60 million in stolen funds were bridged to Ethereum and converted to USDC, with two Ethereum wallets holding over $55 million in ETH. Cetus offered a $6 million white hat bounty to the hacker. The deal allows the attacker to keep 2,324 ETH, worth $6 million, if they return the remaining funds. ā€œReturn the 20,920 ETH and frozen assets, and we’ll close the matter without legal action,ā€ Cetus stated in a blockchain transaction message. Failure to comply could trigger legal and intelligence measures. The Sui Foundation, alongside validators, blacklisted the attacker’s addresses. This rapid response recovered 73% of the stolen funds but raised concerns about centralized control. With only 114 validators, critics argue Sui’s ability to freeze funds undermines blockchain decentralization principles. Swift Response Limits Damage Sui validators acted within hours to block transactions from the hacker’s addresses. This froze $162 million in assets, protecting the ecosystem. Cetus collaborated with the Sui Foundation and cybersecurity firm Hacken to patch the vulnerability. Trading resumed after the fix. The hack caused a 53% drop in CETUS token value and a 15% decline in SUI’s price to $3.65. Market volatility surged as confidence in Sui-based DeFi protocols wavered. The exploit exposed weaknesses in Cetus’s pricing oracle, which failed to detect the manipulation. Cetus’s response mirrors a 2022 Solana project hack recovery strategy. Both projects, reportedly founded by Henry Du, used bounty offers to negotiate with hackers. The Solana case successfully recovered funds, raising hopes for a similar outcome. However, the hacker has not yet accepted Cetus’s offer. Decentralization Debate Intensifies The validator intervention sparked controversy. Freezing funds required coordinated action among Sui’s 114 validators, prompting criticism from the crypto community. Some argue this demonstrates centralized control, as validators can censor transactions. ā€œSui’s ability to freeze funds shows decentralization is just marketing,ā€ one observer noted. The Sui team explored an emergency whitelist function to bypass security checks, enabling the freeze. This move, while effective, fueled concerns about the network’s structure. With founders allegedly holding the majority of SUI’s supply, critics question the blockchain’s long-term decentralization. Cetus continues working with law enforcement and cross-chain protocols to track the remaining $60 million. On-chain data shows the hacker’s wallet, identified as ā€œ0xe28b50,ā€ holds 12.9 million SUI, valued at $54 million. Efforts to recover these funds are ongoing. The incident marks the largest DeFi hack of 2025, surpassing previous breaches. It underscores persistent vulnerabilities in decentralized finance, particularly in smart contract design. Cetus’s swift action and validator coordination mitigated losses, but the event highlights the need for robust security measures.

Sui Validators Halt $162M in $220M Cetus Hack

Cetus Protocol hacked for $220M; $162M frozen by Sui validators.
$6M bounty offered to recover $60M in stolen ETH and frozen funds. Hack exploited Cetus’s smart contract pricing oracle vulnerability. Sui’s validator freeze raises concerns over network decentralization.CETUS token drops 53%, SUI price falls 15% after exploit.
#CetusHack #SuiBlockchain #DeFiExploit #CryptoSecurity #Decentralization
On May 22, 2025, Cetus Protocol, a leading decentralized exchange on the Sui blockchain, suffered a $220 million exploit. Sui validators swiftly froze $162 million of the stolen assets, preventing further losses. The hack targeted vulnerabilities in Cetus’s smart contracts, draining liquidity pools and sparking debate about the Sui network’s decentralization.

Cetus paused its smart contracts immediately to limit damage. The attacker exploited a flaw in the Concentrated Liquidity Market Maker system, manipulating token prices with fake tokens. Approximately $60 million in stolen funds were bridged to Ethereum and converted to USDC, with two Ethereum wallets holding over $55 million in ETH.

Cetus offered a $6 million white hat bounty to the hacker. The deal allows the attacker to keep 2,324 ETH, worth $6 million, if they return the remaining funds. ā€œReturn the 20,920 ETH and frozen assets, and we’ll close the matter without legal action,ā€ Cetus stated in a blockchain transaction message. Failure to comply could trigger legal and intelligence measures.

The Sui Foundation, alongside validators, blacklisted the attacker’s addresses. This rapid response recovered 73% of the stolen funds but raised concerns about centralized control. With only 114 validators, critics argue Sui’s ability to freeze funds undermines blockchain decentralization principles.

Swift Response Limits Damage

Sui validators acted within hours to block transactions from the hacker’s addresses. This froze $162 million in assets, protecting the ecosystem. Cetus collaborated with the Sui Foundation and cybersecurity firm Hacken to patch the vulnerability. Trading resumed after the fix.

The hack caused a 53% drop in CETUS token value and a 15% decline in SUI’s price to $3.65. Market volatility surged as confidence in Sui-based DeFi protocols wavered. The exploit exposed weaknesses in Cetus’s pricing oracle, which failed to detect the manipulation.

Cetus’s response mirrors a 2022 Solana project hack recovery strategy. Both projects, reportedly founded by Henry Du, used bounty offers to negotiate with hackers. The Solana case successfully recovered funds, raising hopes for a similar outcome. However, the hacker has not yet accepted Cetus’s offer.

Decentralization Debate Intensifies

The validator intervention sparked controversy. Freezing funds required coordinated action among Sui’s 114 validators, prompting criticism from the crypto community. Some argue this demonstrates centralized control, as validators can censor transactions. ā€œSui’s ability to freeze funds shows decentralization is just marketing,ā€ one observer noted.

The Sui team explored an emergency whitelist function to bypass security checks, enabling the freeze. This move, while effective, fueled concerns about the network’s structure. With founders allegedly holding the majority of SUI’s supply, critics question the blockchain’s long-term decentralization.

Cetus continues working with law enforcement and cross-chain protocols to track the remaining $60 million. On-chain data shows the hacker’s wallet, identified as ā€œ0xe28b50,ā€ holds 12.9 million SUI, valued at $54 million. Efforts to recover these funds are ongoing.

The incident marks the largest DeFi hack of 2025, surpassing previous breaches. It underscores persistent vulnerabilities in decentralized finance, particularly in smart contract design. Cetus’s swift action and validator coordination mitigated losses, but the event highlights the need for robust security measures.
The Alex Protocol $8.3 Million DeFi Exploit – Part 15 ( Global)🚨 The Attack: A Devastating DeFi Hack In May 2025, Alex Protocol, a Bitcoin DeFi platform, suffered a massive exploit, losing $8.3 million in user funds. The attack targeted a vulnerability in its smart contract, allowing hackers to drain assets from the platform. āœ”ļø Alex Protocol was a promising DeFi project, aiming to bring decentralized finance to Bitcoin. āœ”ļø The exploit was executed through a smart contract loophole, allowing unauthorized withdrawals. āœ”ļø At its peak, Alex Protocol had millions in total value locked (TVL), making it a major player in the DeFi space. But behind the scenes, a security flaw was about to bring everything crashing down. šŸ’° The Exploit: How Hackers Stole Millions 🚨 The attackers manipulated the protocol’s smart contract, bypassing security measures. 🚨 Funds were drained in multiple transactions, making it difficult to track the stolen assets. 🚨 Despite efforts to recover the funds, the damage was already done, leaving users stranded. For days, the crypto community was in shock, as security experts worked to uncover the full extent of the breach. šŸ”„ The Exposure: The Aftermath of the Alex Protocol Hack āœ”ļø Alex Lab Foundation announced full reimbursement, promising compensation in USDC. āœ”ļø Security firms traced the stolen funds, revealing the hacker’s transaction patterns. āœ”ļø The case became a landmark in DeFi security, highlighting vulnerabilities in Bitcoin-based smart contracts. The platform that once promised financial freedom was now exposed as a target for crypto criminals. āš–ļø The Aftermath: A Warning for Crypto Investors 🚨 DeFi security must evolve, as traditional defenses are no longer enough. 🚨 Investors must be cautious, as new attack vectors emerge every month. 🚨 Regulators are pushing for stricter security measures, aiming to prevent future losses. The Alex Protocol exploit isn’t just another DeFi hack—it’s a wake-up call for the entire crypto industry. šŸ”® Lessons Learned: Can DeFi Ever Be Truly Safe? 🚨 Smart contract audits are essential—flawed code is now the biggest risk. 🚨 Self-custody is key—private key security must be a top priority. 🚨 Stay aware of emerging threats—crypto crime is evolving fast. The story of Alex Protocol isn’t just a cautionary tale—it’s a reminder that crypto’s greatest strength can also be its greatest weakness. #AlexProtocolHack #DeFiExploit #BitcoinDeFi #CryptoHistory #Write2Earn šŸš€šŸ”„

The Alex Protocol $8.3 Million DeFi Exploit – Part 15 ( Global)

🚨 The Attack: A Devastating DeFi Hack

In May 2025, Alex Protocol, a Bitcoin DeFi platform, suffered a massive exploit, losing $8.3 million in user funds. The attack targeted a vulnerability in its smart contract, allowing hackers to drain assets from the platform.

āœ”ļø Alex Protocol was a promising DeFi project, aiming to bring decentralized finance to Bitcoin.

āœ”ļø The exploit was executed through a smart contract loophole, allowing unauthorized withdrawals.

āœ”ļø At its peak, Alex Protocol had millions in total value locked (TVL), making it a major player in the DeFi space.

But behind the scenes, a security flaw was about to bring everything crashing down.

šŸ’° The Exploit: How Hackers Stole Millions

🚨 The attackers manipulated the protocol’s smart contract, bypassing security measures.

🚨 Funds were drained in multiple transactions, making it difficult to track the stolen assets.

🚨 Despite efforts to recover the funds, the damage was already done, leaving users stranded.

For days, the crypto community was in shock, as security experts worked to uncover the full extent of the breach.

šŸ”„ The Exposure: The Aftermath of the Alex Protocol Hack

āœ”ļø Alex Lab Foundation announced full reimbursement, promising compensation in USDC.

āœ”ļø Security firms traced the stolen funds, revealing the hacker’s transaction patterns.

āœ”ļø The case became a landmark in DeFi security, highlighting vulnerabilities in Bitcoin-based smart contracts.

The platform that once promised financial freedom was now exposed as a target for crypto criminals.

āš–ļø The Aftermath: A Warning for Crypto Investors

🚨 DeFi security must evolve, as traditional defenses are no longer enough.

🚨 Investors must be cautious, as new attack vectors emerge every month.

🚨 Regulators are pushing for stricter security measures, aiming to prevent future losses.

The Alex Protocol exploit isn’t just another DeFi hack—it’s a wake-up call for the entire crypto industry.

šŸ”® Lessons Learned: Can DeFi Ever Be Truly Safe?

🚨 Smart contract audits are essential—flawed code is now the biggest risk.

🚨 Self-custody is key—private key security must be a top priority.

🚨 Stay aware of emerging threats—crypto crime is evolving fast.

The story of Alex Protocol isn’t just a cautionary tale—it’s a reminder that crypto’s greatest strength can also be its greatest weakness.

#AlexProtocolHack #DeFiExploit #BitcoinDeFi #CryptoHistory #Write2Earn šŸš€šŸ”„
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