🚨 Major breach on the SUI network worth $223 million! 💥 #sui $SUI
In a new attack this morning, a smart contract belonging to the Cetus protocol was hacked and over $223 million was stolen, prompting the team to immediately halt the smart contracts to prevent any further thefts!
What happened next?
Cetus collaborated with the SUI Foundation and a large number of auditors who identified the addresses of the thieves and began ignoring all transactions originating from them, to protect the ecosystem from further harm.
What's the next step?
The Cetus team is currently working on finding solutions to recover the stolen funds and return them to the community, with an official report coming in the next few hours.
Do you expect this attack to affect the future of the SUI network?
. 🔥 No, the system is strong and will recover quickly
. ❤️ It may have a temporary impact but trust is present
. 😭 Yes, it will significantly shake investor confidence