List of Flash News about CetusProtocol exploit
Time | Details |
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2025-05-22 12:32 |
CetusProtocol Exploiter Deposits $10M Stolen SUI on SuilendProtocol: Crypto Market Risks and Stablecoin Impact
According to PeckShieldAlert, the exploiter of CetusProtocol has deposited approximately $10 million in stolen SUI assets into SuilendProtocol, likely in an attempt to borrow stablecoins against these funds (source: @PeckShieldAlert on Twitter, May 22, 2025). This movement of hacked funds onto a lending platform raises immediate concerns about increased risk for SUI and related DeFi protocols. Traders should monitor SUI price volatility, potential liquidity drain, and increased scrutiny on DeFi lending platforms, as these events could trigger broader market reactions and raise the risk profile for SUI-backed assets. |