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SYSTEM PROCESSING...
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SYSTEM PROCESSING...
Posted: 2025-05-22 11:59:31 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-05-22 11:59:51 UTC
Verified By
Rollup News
Cetus Protocol on SUI was hacked, resulting in losses exceeding $260 million. The hacker is converting stolen funds into USDC and transferring them to Ethereum to exchange for ETH, with approximately 60 million USDC already cross-chained.
Security breach on Cetus Protocol
Loss of over $260 million
Funds being converted to USDC and transferred to Ethereum
Cross-chain activity to exchange for ETH
Security vulnerabilities in Cetus Protocol
Tracking and recovering stolen funds
Preventing further cross-chain transfers
Identifying the hacker