Sui DEX Cetus Hit by $200M Exploit, Smart Contract Paused

Cetus, a decentralized exchange operating on the Sui blockchain, is at the center of a suspected exploit that may have resulted in the loss of over $200 million in digital assets. On-chain data and cybersecurity experts suggest that the breach, which began unfolding on May 22, could be one of the most severe security incidents to hit a Sui-based ...