260 million dollars evaporated in an instant! The Sui ecosystem suffered an epic hacking attack, and the truth behind it has been exposed!
The Sui ecosystem is in turmoil! The Cetus protocol faced a shocking hacker attack, with 260 million dollars stolen, becoming one of the most explosive security incidents of 2025. The incident report just released by Sui reveals that the culprit was actually the 'malfunctioning' math library used by Cetus, while Sui itself and its smart contract language, Move, were 'blameless'.
Although the core chain is not at fault, the damage has been done. The Sui team stated that this is the first major incident in the ecosystem's history and expressed 'extreme sadness'. However, they did not give up and immediately allocated an additional 10 million dollars for security enhancements—bug bounties, audits, and code verification are all arranged!
The good news is that 162 million dollars of the stolen assets have been successfully frozen, and Cetus has offered a staggering 60 million dollars reward to track down the culprits. Many validators have joined forces to identify the hacker's address, making recovery not entirely hopeless.
But some people are cautious: if validators can freeze assets at will, then does 'decentralization' become a mere facade?
This incident once again serves as a wake-up call: the biggest vulnerability in the crypto world is always human. Sui calls on developers: 'Don’t make basic mistakes again, everyone needs to step up and improve security!'
🧨 Security is paramount; the future of blockchain cannot rely on luck!