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BTCC / BTCC Square / Global Cryptocurrency /
Cetus Protocol on SUI Halts Operations After Suspected Hack

Cetus Protocol on SUI Halts Operations After Suspected Hack

Author:
Global Cryptocurrency
Published:
2025-05-22 12:51:01
18
2

Cetus Protocol, a prominent decentralized exchange and liquidity provider on the sui blockchain, has temporarily paused all operations following a suspected security breach. The team has frozen smart contracts to safeguard user funds while launching an investigation into the incident.

The protocol confirmed the breach via an official statement, emphasizing its commitment to security. "An incident was detected, and our smart contract has been paused temporarily for safety. The team is actively investigating and will provide updates shortly," the announcement read. Investor anxiety has risen in the absence of a detailed technical post-mortem.

|Square

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