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Decryptica

@decryptica

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Cetus Protocol Hack šŸ”øWhat Happened • Today, there was a hack of the main Sui liquidity infrastructure protocol. • Hackers stole (https://x.com/CetusProtocol/status/1925567348586815622) $223M from Cetus Protocol. • $162M of the compromised funds have been paused. • I have around $3000 frozen there too. Now we're waiting for a solution. • I hope they figure something out with the Sui Foundation, because this is a huge reputational risk for the entire Sui ecosystem. šŸ”øThoughts • It's f***ing real crypto. This is what’s really happening here. • Even if you select protocols carefully—they can get hacked. • Even if you choose only top exchanges—they can get hacked too (like the recent case with Bybit). • Always keep your money in different places. • It’s usually recommended to hold assets on cold wallets.
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