Sui DEX Cetus suspected of being hacked: Up to $200 million lost

Cetus, a decentralized exchange (DEX) built on the Sui blockchain, has reportedly suffered a massive exploit that may have drained more than $200 million worth of digital assets. Pseudonymous Web3 researcher COMDARE3 posted on X that “users report” that Sui-based DEX Cetus is being exploited. ” He also shared a screenshot of Cetus market data on DEX Screener, showing many assets losing well over half of their value over the last 24 hours. Some tokens, such as Lombard Staked BTC (LBTC) or AXOLcoin (AXOL) lost the near totality of their value source: https://cointelegraph.com/news/cetus-dex-sui-exploit-200m-loss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound