More Than $260M Hack on Sui — Hacker Moves Funds via USDC and ETH 🚨
Over $260 million was stolen in a massive exploit on $SUI . The attacker is converting the loot into USDC, bridging it to Ethereum, and then swapping for ETH. So far, around $60M USDC has already been moved cross-chain.
This kind of hack is brutal. It’s not just about the money — it shakes confidence in the whole ecosystem. Once the funds start moving across chains, tracking and recovering them becomes way harder. Hope teams are on this fast, but it’s looking messy.
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⚡️ @FIFAcom joins forces with @Avax $AVAX to develop its own Layer-1 blockchain
#Avalanche will power FIFA Blockchain, a custom L1 network, designed to deliver digital collectibles, and next-generation fan engagement at a global scale. The FIFA Blockchain will be the foundation for a new suite of digital products, starting with the migration of FIFA Collect, its official digital collectibles platform.
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