🚨NEWS IN: $SUI ECOSYSTEM’S DEFI PROTOCOL NEMO EXPLOITED RESULTING IN $2.4M LOSS🔥🔥🔥
On September 8th, blockchain security firm PeckShield reported that Nemo, a DeFi protocol within the Sui ecosystem, suffered an exploit resulting in a loss of approximately $2.4 million.
The attacker reportedly bridged USDC from Arbitrum to Ethereum using Circle’s Cross-Chain Transfer Protocol (CCTP) during the attack.
The team is actively investigating the incident, and users are advised to exercise caution when interacting with the protocol until further updates are provided.
This serves as a critical reminder of the persistent risks in the DeFi landscape.
