$150 million lost! Sui has another big incident!
On May 22, on-chain data showed that the liquidity protocol of the Sui ecosystem, Cetus Protocol, was targeted by hackers, resulting in losses exceeding $150 million.
This was a precise strike, indicating that there are still significant vulnerabilities in the security of fundamental protocols on Sui.
Hackers are becoming increasingly aggressive, and savvy investors have already begun to flee. Don’t wait until you become a bag holder to realize it.
Those still betting heavily on the Sui-related ecosystem really need to be more cautious.