Sui-based Cetus Protocol suspends operations following $260 million oracle exploit
Cetus Protocol, a decentralized exchange (DEX) operating on the Sui Network, has suspended its smart contract operations after a serious security breach. The platform confirmed the exploit on May 22 through its official X account, noting that the shutdown was necessary to prevent further fund loss, stating, “🚨Alert Announcement 🚨 There was an incident detected […]
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