@lookonchain: Cetus protocol on Sui blockchain hacked for $260M

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Cetus(@CetusProtocol) on #SUI was hacked and lost more than $260M! The hacker is converting the stolen funds into $USDC and cross-chaining to #Ethereum to exchange for $ETH, with ~60M $USDC already cross-chained. https://suiscan.xyz/mainnet/account/0xe2… https://intel.arkm.com/explorer/address/…

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The Cetus protocol on the Sui blockchain was hacked for more than $260 million, according to a Lookonchain post. The hacker is reportedly converting the stolen funds into USDC and cross-chaining them to Ethereum to exchange for ETH, with about 60 million USDC already moved cross-chain. The post includes links to Sui and Arkham blockchain explorer addresses associated with the activity.

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