๐จAlert Announcement ๐จ There was an incident detected on our protocol and our smart contract has been paused temporarily for safety. The team is investigating the incident at the moment. A further investigation statement will be made soon. We are grateful for your patience.
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๐จAlert Announcement ๐จ There was an incident detected on our protocol and our smart contract has been paused temporarily for safety. The team is investigating the incident at the moment. A further investigation statement will be made soon. We are grateful for your patience.
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๐จAlert Announcement ๐จ There was an incident detected on our protocol and our smart contract has been paused temporarily for safety. The team is investigating the incident at the moment. A further investigation statement will be made soon. We are grateful for your patience.
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@CetusProtocol Especially as a security provider, this is very painful to watch. We of course hope for justice and if you need help from a security provider, let us know, we are a German company that focuses exactly on smart contract audits! Let us know if we can support ๐ก๏ธ
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@CetusProtocol How does a โDEXโ pause smart contracts, thatโs not decentralized. Send it to zero with the rest of graveyard tokens
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@CetusProtocol This is what happened: Also attacker has 50M in SUI https://t.co/I96r0OJPPw
https://t.co/TwDirAWfMB
Seems like all @CetusProtocol LP were drained Looking into tx, the likely exploit path was: 1. Swap in spoof token (e.g. BULLA โ SUI), taking advantage of miscalculated price curve or broken reserve math. 2. Add liquidity with a near-zero amount, to manipulate internal LP
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@CetusProtocol So itโs a hack prolly
Team prolly lying to prevent the unwanted fud at moment! Canโt enter discord myself , as they have paused the invites :( Thereโs no way if they had a bug they would be bridging to eth ! Suspected hack of 200M$+ Hacker bridging 1M$ every single minute to ETH !
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@CetusProtocol Damn, sorry for the loss. A lot of users got drained. Hundreds of millions. RIP. Below the hacker address in this thread. https://t.co/l5eYohvEJf
๐จ I hear @CetusProtocol was hacked. Cetus is the main LP provider DEX on $SUI. If you have money there, get out. Pools are getting drained.
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@CetusProtocol โก๏ธโก๏ธโก๏ธ https://t.co/q2hSlZXEqN
โ ๏ธ @CetusProtocol, the DEX and liquidity infra on @SuiNetwork, is reportedly been hacked Numerous tokens are down as much as 80%, swaps barely go through, and LP liquidity seems to have been mostly pulled. Stay safe!
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@CetusProtocol Good to know it's not a hack https://t.co/a6bFD6rKmN
I think the best thing to do now is definitely not to Panic Let's be calm and wait for an announcement from @CetusProtocol team It might be a technical glitch $SUI price still holding.
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@CetusProtocol Bro this is not an announcement you make 1 hour after $150M+ is drained ๐๐๐
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@CetusProtocol It's very sad to hear this happen. I think we need to start looking into COL deeply. https://t.co/C5LLEfl8Ys
๐๐ฌ ๐๐ก๐๐ข๐ง-๐๐ฐ๐ง๐๐ ๐๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ ๐ญ๐ก๐ ๐
๐จ๐ฎ๐ง๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐
๐ข ๐๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ? For years, liquidity has been a rent-based commodity. We attract it with incentives, but lose it when they run out. What if the chain itself becomes the liquidity
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CATCH THE LASTEST UPDATE ABOUT THE CETUS FINANCE ~$220M HACK ๐ฅ๐ฅ ๐ Important Information for Sui Community Members NB: @SuiNetwork itself was not affected by the hack. Only @CetusProtocol was exploited and large part of funds have been recovered!
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@CetusProtocol Damm this is a lot for sui Did u guys wait this long to address the community Woukd we say sui failed in security
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