Sui-based Cetus Protocol suspends operations following $223 million oracle exploit
The Cetus exploit caused a drop in Sui ecosystem token prices, affecting user confidence and liquidity providers alike.
Track crypto outage news, downtime incidents, service disruptions, and infrastructure failures affecting exchanges, wallets, and networks.
While the exact cause remains unknown, early observations indicate that validators stopped publishing confirmations despite the consensus mechanism running as expected.
The network developers are actively addressing the block production delay linked to a signer.
Coinbase works to maintain user trust after resolving Solana transaction delays.
This major outage disrupted Sui's validators and affected SUI price.
Security experts said Astroport was a "collateral damage" of the exploit.
CrowdStrike's Falcon Sensor malfunction highlights the risks of centralized IT, highlighting the need for decentralized solutions to improve resilience and security.