Cetus Protocol hack triggers widespread panic across Sui ecosystem

Description

The Sui blockchain is reeling after Cetus Protocol, one of its core decentralised exchanges, suffered a massive exploit that drained more than $200 million in liquidity, shaking user confidence and igniting fear across the DeFi sector. The incident, first reported by pseudonymous Web3 researcher COMDARE3, was quickly confirmed by a dramatic spike in trading volume and an abrupt collapse in token prices across the platform. Hacker gained control of all SUI-denominated liquidity pools While the Ce...