๐จ๐จ๐จ Currency $SUI is still suffering from the hack that occurred yesterday ๐จ๐จ๐จ
Hereโs the story in brief and how it happened ๐
โข The hacker managed to steal $223M from the liquidity pools of the provider Cetus Protocol, causing a severe crisis on the network
โข Meme coins collapsed; any Swap operation fails due to lack of liquidity
โข $162M of the stolen funds were successfully frozen for the hacker in cooperation with network auditors
โข However, they succeeded in transferring over $60M to the Ethereum network
โข The hacking method remains unknown, although the Cetus team stated it was an error in Oracle