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Sui Blockchain Exposes $223M Exploit: Inside the Cetus Protocol Breach
Sui Blockchain Exposes $223M Exploit: Inside the Cetus Protocol Breach
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Sui’s security team just dropped a bombshell forensic report on one of DeFi’s biggest heists—turns out ’bulletproof’ smart contracts had Swiss cheese coding.
The exploit? A classic liquidity pool reentrancy attack, but with extra steps. Whitehats traced the attacker’s path through 14 wrapped token conversions before the funds vanished into mixer oblivion.
While Sui’s validators patched the vulnerability within 47 minutes, the damage was done—another case of ’move fast and break things’ meeting ’not your keys, not your crypto.’
Funny how these nine-figure hacks always happen right before audit firms need new yacht upgrades.
Growing cybersecurity incidents give rise to grave worries in the cryptocurrency community. An estimated $223 million in user funds were Read More
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