Sui-Based Protocol Nemo Suffers $2.59 Million Loss Due to Vulnerability

According to Cointelegraph, the Sui-based yield trading protocol Nemo experienced a significant loss of approximately $2. 59 million following a security breach. The incident, which occurred on September 7, was attributed to a vulnerability in the protocol's code that had not been audited. Nemo's post-mortem analysis revealed that the flaw was located in a function designed to minimize slippage, allowing the attacker to manipulate the protocol's state source: https://www.binance.com/en/square/post/29541086504161?utm_source=BinanceNewsRSS