xdm, Little K's instant noodles just made are already cold—Sui's largest DEX Cetus was hacked for 260 million USD! The hacker is crazily laundering money across chains, SUI tokens collectively plummeted over 80%+. Is this a technical vulnerability or an inside job? Little K, holding a trembling coffee, brings you live coverage!
1. Event overview: How did 260 million USD evaporate?
🕵️ Attack method: Again with a calculation precision vulnerability! (Old trick QAQ).
💰 Amount stolen: 223 million USD confirmed, 162 million urgently frozen (recovered a little bit).
🚨 Market reaction:
- SUI suddenly plummets 7%, shit coin skyrockets (SQUIRT down 96%!).
- Upbit suspends deposits and withdrawals for SUI tokens (shivering.jpg).
- The hacker is cross-chain laundering USDC into ETH (already laundered 61.6 million).
Little K cries stormily: This isn't a hacker attack; it's clearly an ATM turning sentient! The project party's risk control is paper-thin, and the hacker took money faster than Little K grabs red envelopes!
2. Bloody scene: The massacre of shit coins recorded.
Let's see the performance of these tragic tokens in the last hour:
💀 SQUIRT: -96% (the soles of the feet have been pierced).
💀 HIPPO: -80% (Hippo turns into a hamster).
💀 CETUS: -49% (its own token has been halved QAQ).
Little K's heart is broken: The TVL of Sui's ecosystem must be all in Cetus! This wave directly takes away the entire ecosystem; those shouting "SUI surpasses SOL" big accounts have swollen faces, right?
3. Hacker's crazy operation: Money laundering route fully exposed.
According to on-chain detective @ai 9684xtpa tracking:
1️⃣ Drain the pool: Create panic to make the retail traders cry.
2️⃣ Cross-chain washing ETH: 60 million USDC → ETH (buying 23,244 pieces with astonishing speed).
3️⃣ Mortgage lending: 10 million SUI deposited in Suilend to borrow stablecoins (Greed warning!).
4️⃣ Decentralized transfer: 24 million SUI transferred to a new address (worth 96 million USD).
Little K's pupils shake: This hacker is definitely a professional! Slow to sell + leveraged arbitrage is played to perfection, better than the project party in operation!
4. Project party response: Crisis management negative points!
Let's see how these people reacted:
🐢 Cetus: Announcement released 3 hours later (the hackers have already finished their shower).
🌚 Sui official: "We are paying attention" (nonsense literature level ten).
🐦 CZ: "Hope everyone is SAFU" (Binance's rescue tool +1).
Little K angrily throws the keyboard: The reaction is slower than a turtle! Freezing 162 million is purely the hacker's slip-up, does he really think he's a superhero?
5. Little K's survival guide: What should be done now?
Facing a nuclear-level black swan:
🚫 Don't bottom fish: The hacker still has over 100 million in ill-gotten gains, be careful of knife attacks!
💸 Revoke authorization: If you've used Cetus, quickly revoke LP and contract authorization!
📉 Stay away from SUI: Liquidity is drained, shit coins may turn into air!
👀 Focus on two points:
- Is the remaining 100 million in ill-gotten gains frozen?
- Is the Sui Foundation losing money?
Key point: Next time you see "the largest DEX in XX ecosystem", first ask—does its code audit fee cover treating hackers to milk tea?
The final soul-searching question: Is this hacker too strong, or is Sui's risk control too weak? Can Cetus make a comeback? The comment section is waiting for you to debate!
Little K's conclusion: The black swan in a bull market specializes in headstrong people; remember—the strongest Alpha is to protect your capital!
Forward this to the brothers still chasing SUI's shit coins; Little K is online to rescue people!
