Cetus Protocol Halts Operations After $260 Million Hack, Sending Sui Tokens Into Freefall

Significant funds have reportedly disappeared from one of SUI’s leading DeFi platforms, Cetus Protocol, putting users and the wider crypto community on high alert. The platform has paused all activity, citing an incident now believed to be one of the largest breaches on the SUI blockchain to date. Following the incident, Sui ecosystem tokens are experiencing a sharp drop in prices. Cetus Protocol Halts All Operations Cetus Protocol, a major decentralized exchange and liquidity provider on the SUI blockchain, is at the center of a growing security crisis source: https://beincrypto.com/cetus-protocol-halts-operations-after-suspected-hack/