Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Anonymity of Bitcoin OG Moving 14,000 BTC

    Bitcoin-Focused VC Firm Ego Death Capital Raises $100 Million

    Jeff Booth’s Ego Death Capital Secures $100 Million for Bitcoin

    Ego Death Capital Raises $100M for Bitcoin Ventures

    Tether Aims to Dominate Bitcoin Mining by 2025

    Tether Aims to Lead Bitcoin Mining by 2025

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Solana-Based Pumpfun to Launch $600M Token Sale

    Bybit Hosts PUMP Token Sale, Excludes European Investors

    Kraken Expands xStocks to BNB Chain and Solana

    XRP Price Climbs Amid Ripple’s Regulatory Developments

    Bitwise Highlights Top Tokens for Asset Tokenization

    Pepe Coin Rises Amid Whale Sale of 1 Trillion PEPE

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Sui Blockchain’s Cetus Protocol Suffers $260M Hack

Solomon M. by Solomon M.
May 22, 2025
in Altcoin News
Key Takeaways:
  • Cetus Protocol suffered a $260 million hack; SUI prices plummeted.
  • SUI token dropped 15% following the breach.
  • Trading disruption across Sui’s decentralized exchanges.
sui-blockchains-cetus-protocol-suffers-260m-hack
Sui Blockchain’s Cetus Protocol Suffers $260M Hack

A massive $260 million exploit targeted Sui blockchain’s largest DEX, Cetus Protocol, causing a market stir as trading was disrupted and the SUI token dropped significantly.

A significant exploit on the Sui Blockchain drained approximately $260 million from the Cetus Protocol, affecting its liquidity. The incident has caused widespread panic, as the protocol had recently achieved growth in total value locked.

The Cetus team has paused smart contracts to investigate. The hack led to the SUI token’s price dropping, with sentiments deeply affected across various exchanges, disrupting transactions.

“We have paused our smart contracts to investigate the exploit.” – Cetus Team (CoinDesk)

The exploit heavily impacted the Sui ecosystem as liquidity supply dwindled and trading activities stalled. Market positions could not be exited, creating price discrepancies between centralized and decentralized exchanges.

The financial impact resonates beyond the Cetus Protocol as the SUI token fell 15%. Furthermore, the exploit emphasized vulnerability concerns, potentially affecting investor confidence in the broader blockchain network.

The hacker exploited functionalities within the protocol, manipulating broken price curves for financial gain. Such exploits may prompt regulatory reviews or technological enhancements to address security vulnerabilities. Historical data reveals that the Sui ecosystem underwent unprecedented disruption.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

JU Miner Launches to Offer Short-Term Crypto Mining Plans

Next Post

Cardano Price Prediction 2026 Sees ADA at $0.798 as Qubetics Presale Hits $17.1M and Offers 5284% ROI

Solomon M.

Solomon M.

Related Posts

Solana-Based Pumpfun to Launch $600M Token Sale

by Solomon M.
July 9, 2025

Pumpfun, a Solana-based platform, plans a $600 million token sale via Gate.io, impacting Solana's market dynamics.

Bybit Hosts PUMP Token Sale, Excludes European Investors

by Solomon M.
July 9, 2025

Bybit announces PUMP token sale; excludes European users due to MiCA compliance.

Kraken Expands xStocks to BNB Chain and Solana

by Solomon M.
July 9, 2025

Kraken expands xStocks support to BNB Chain and Solana, reshaping DeFi's tokenized equity integration.

XRP Price Climbs Amid Ripple’s Regulatory Developments

by Solomon M.
July 9, 2025

XRP's price rises as Ripple seeks U.S. bank charter, influencing market and investor confidence.

Bitwise Highlights Top Tokens for Asset Tokenization

by Solomon M.
July 9, 2025

Bitwise identifies Ethereum, Solana, XRP, and Chainlink as leading tokens in asset tokenization efforts.

Pepe Coin Rises Amid Whale Sale of 1 Trillion PEPE

by Solomon M.
July 9, 2025

Pepe Coin price surges despite significant whale dumping of 1 trillion PEPE, sparking retail speculation.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.