<ul><li>Decentralized exchange Cetus faced an attack resulting in the loss of $223 million in crypto assets, termed 'The Cetus Hack.'</li><li>The attack involved token spoofing, smart contract manipulation, and the theft of approximately $223 million worth of tokens, with $60 million exiting before countermeasures were implemented.</li><li>Despite the breach, the Sui blockchain hosting Cetus remained stable, showcasing resilience and real-time coordination within the DeFi ecosystem.</li><li>Cetus offered a $6 million bounty for the return of stolen funds, while Sui deployed emergency tools like a whitelist function and a restore module to recover assets and compensate liquidity providers.</li></ul>

Cetus Exploit Drains $223M: DeFi Faces Massive Breach While Sui Network Holds Firm

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