What do you think about this? 😱:
On Thursday, an attacker exploited vulnerabilities in the smart contracts of Cetus, stealing 220 million dollars; to do this, they used fake tokens, with no market value, to manipulate price data and drain liquidity funds.
The violation caused the drop of several tokens based on Sui, including a 76% drop in Lofi and an 81% drop in Hippo, while the USDC on Sui briefly fell to zero.
SUI urgently introduced a whitelist feature that allows any transaction included in it to bypass all security checks. They also launched a system-level privileged recovery module and added the updated transaction to the whitelist.
