by: xpoolPosted on:

Cetus Protocol Hack Results in $223 Million Asset Loss

A major exploit of the Cetus Protocol has led to significant losses, impacting the decentralized finance (DeFi) ecosystem and raising concerns about security in the crypto space. The hack resulted in a loss of approximately $223 million worth of USDC, SOL, and ETH from its liquidity pools, causing the protocol’s operations to halt. 💸 💥 🔒

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