Cetus smart contract breach on Sui network with losses exceeding 223 million dollars

The Sui network announced the breach of a smart contract for the Cetus project this morning, resulting in estimated losses of 223 million dollars. Cetus has temporarily halted its contracts and is cooperating with the Sui Foundation and network investigators to identify the addresses associated with the stolen funds.

The relevant parties are currently working to blacklist these addresses, while the Cetus team is exploring ways to recover the funds. A detailed report is expected to be released soon.