We've learned that a Cetus smart contract was hacked this morning for approximately $223M and Cetus subsequently paused their smart contracts to prevent further theft.
Cetus worked together with the other DeFi protocols, the Sui Foundation, and the Sui validators to
🚨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 working with the Sui Foundation and other ecosystem members right now on next-step solutions, with the goal of recovering the remaining stolen funds.
The majority of impacted funds are paused and we are actively pursuing paths to recover the remainder. We have no higher priority and will provide further updates as they become available through this channel. A full incident report will be disclosed later. We are sincerely grateful for your patience. 🙏
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