Cetus protocol on SUI hacked: network tokens collapsed, USDC stablecoin lost its peg to the dollar
The largest liquidity aggregator in SUI blockchain network called Cetus, which is focused on the Move ecosystem, has fallen victim to a hacker attack. The attackers have already managed to withdraw assets worth $11 million. This provoked the collapse of most tokens operating on the SUI. Trading is effectively stopped, as liquidity pools have been…
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