Cetus, a DeFi platform, saw a $200–260M smart-contract exploit. Hackers triggered a reentrancy/logic bug to drain multiple token pools. The DeFi Twitterati called it “a wake-up call” as Cetus tokens cratered. The team rushed audits and a patch (and promised recompense), but much of the money had vanished into mixers. 🔒💡 Takeaway: trust, but verify – especially in DeFi.
#CetusProtocol #defi #SmartContracts