Cetus Protocol Hacked for $200M+ – SUI Price Crashes as $60M USDC Moved to Ethereum

Description

Key Takeaways: Cetus Protocol was exploited for over $200 million, causing mass panic across the Sui ecosystem. Strict KYC pushes darknet vendors toward DeFi platforms. Monero gains traction as darknet operators ditch traceable Bitcoin. Cetus Protocol, a decentralized exchange built on the Sui blockchain, has reportedly fallen victim to an exploit that may have siphoned off more than $200 million in digital assets. The breach, which was first flagged by pseudonymous Web3 researcher COMDARE3, has...