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by: xpoolPosted on: May 23, 2025

Massive $220M Sui Hack Raises Debate on Decentralization Amidst Oracle Concerns

A significant $220 million hack on the Sui blockchain has exposed vulnerabilities in decentralized finance, particularly concerning oracle systems used for price feeds. The Cetus DEX was targeted by a sophisticated attack exploiting smart contract flaws and manipulating token prices, leading to a cascade of losses.

Related posts:

  1. Cetus Protocol Hack Reveals Centralized Risks in Sui Ecosystem
  2. SUI Price: Resilience at $3.75 Signals Bigger Move Ahead for Crypto Token
  3. SUI Blockchain Sees Major Stablecoin Inflow Spike, Boosting DeFi Appeal
  4. SUI Crypto Price Breaks $3.89: Bullish Momentum Signals $11 Target Ahead
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