@renatov.eth
SUIcide - Last news
Cetus (main dex on $SUI) have been hacked and lost more than $260M.
No swaps working. CEX prices are fine but DEX severely affected.
The hacker is converting the stolen funds into USDC and cross-chaining to Ethereum to exchange for ETH, with ~60M USDC already cross-chained.
https://suiscan.xyz/mainnet/account/0xe28b50cef1d633ea43d3296a3f6b67ff0312a5f1a99f0af753c85b8b5de8ff06/activity
Meanwhile, the $HIPPO memecoin team has stated that it is ready to step in and launch a buyback.
https://x.com/hippo_cto/status/1925515631929053582
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