Cetus Protocol Hack

🔸What 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.

🔸Thoughts
• 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.

🚨ANNOUNCEMENT 

As of earlier today, we have confirmed that an attacker has stolen approximately $223M from Cetus Protocol. We have took immediate action to lock our contract preventing further theft of funds.

$162M of the compromised funds have been successfully paused. We are

Cetus🐳

Driven by advancements in technology and cryptocurrencies.

Are you holding your liquidity on Uniswap?

Man, actually, I don't think it's real crypto when they can stop/pause the protocol, check the difference between Uniswap (they can't stop it, because it's immutable code), you trust the code, you can verify that by yourself.