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A lot of people won’t tell you this, but please, always make sure you are using the updated version of the Binance App. This is something a lot of people take for granted. Go to your App Store or Play Store and Update your Binance Mobile App. There is a reason behind the new update, get it.
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A lot of people won’t tell you this, but please, always make sure you are using the updated version of the Binance App. This is something a lot of people take for granted. Go to your App Store or Play Store and Update your Binance Mobile App. There is a reason behind the new update, get it.
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BREAKING 🚨 Massive Exploit on Sui Blockchain Incident Overview → Cetus Protocol, the primary Liquidity Pool (LP) provider on SUI, has suffered a significant exploit. → Exploiter gained full control over SUI-denominated liquidity pools, resulting in widespread draining of funds. Financial Impact → Initial reports suggest allegedly over $200M in liquidity has been compromised. → Exploiter actively bridging USDC off-chain in ~$1M batches. → SUI/USDC pool alone drained for approximately $11M. → Tokens paired with SUI severely impacted, prices collapsing by 70-90%. Affected Tokens & Trading → Majority of memecoins and tokens paired with SUI severely down (70%-90%). → Decentralized Exchange (DEX) swaps compromised, trades failing due to drained liquidity pools. → Users unable to buy dips or sell positions on affected pairs. Market Reaction → Severe panic and confusion among holders due to inability to manage positions. → Prices on Centralized Exchanges (CEX) remain comparatively stable versus DEX markets. Current Situation → Awaiting official Cetus Protocol response, no formal acknowledgment or mitigation measures announced yet. → Situation remains highly volatile and ongoing. → Caution strongly advised, avoid interacting with SUI blockchain tokens until official clarity and communications emerge. Source: Abhi
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Here is what $SUI Network has to say regarding the hack event that happened earlier
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Binance Cz 🔽
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