News and articles on the topic SUI

Cetus protocol on SUI hacked: network tokens collapsed, USDC stablecoin lost its peg to the dollar

News Crypto 05-22-2025 comment
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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