Almost $223M Pilfered in Cetus Crypto Heist

Hacker Steals $223 Million In Cetus Protocol Cryptocurrency Heist - Cybernoz - Cybersecurity News

The decentralized exchange Cetus Protocol announced that hackers have stolen $223 million in cryptocurrency and is offering a deal to stop all legal action if the funds are returned. The project also announced a $5 million bounty to anyone providing relevant information leading to the identification and arrest of the attacker. Cetus Protocol is a decentralized exchange (DEX) and liquidity protocol operating on the Sui and Aptos blockchains. It e…

Almost $223M pilfered in Cetus crypto heist

Decentralized cryptocurrency exchange Cetus had nearly $223 million pilfered following an attack on Thursday, according to The Record, a news site by cybersecurity firm Recorded Future. Introduction to Malware Binary T…

The Bold Move: Cetus Fights Back After Massive Crypto Heist

Cetus protocol suffered a significant hack, with $223 million stolen in crypto assets. Binance intervened quickly, possibly deploying the SAFU fund for support. Continue Reading:The Bold Move: Cetus Fights Back After Massive Crypto Heist The post The Bold Move: Cetus Fights Back After Massive Cryp...

Cetus Protocol Hit by $223 Million Exploit — Hacker Offered $6M to Return Funds News ETHNews

Cetus Protocol, the largest DEX on the Sui blockchain, suffered a $223 million exploit through a sophisticated spoof token attack that manipulated its pricing mechanism. The team has offered the hacker a $6 million bounty and legal immunity in exchange for returning the stolen assets. The largest Decentralized exchange which operates on the SUI blockchain woke up to a devastating Thursday after the DEX suffered an exploit that resulted in the lo…

Cetus Hacker Buys $60 Million of ETH After Looting $223 Million

A hacker who exploited vulnerabilities in the Cetus Protocol’s smart contract to drain $223 million worth of SUI tokens has already moved nearly a third of the stolen funds to Ethereum.The stolen funds were converted to USDC before being bridged to Ethereum and exchanged for ETH, according to blockchain analyst Lookonchain.Ethereum is the only chain with large enough mixers, like Tornado Cash and Thorchain, to launder stolen funds measured in th…