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Cryptocurrency News Video

Sui Network's $223M Hack_ What Happened

May 27, 2025 at 05:16 am DeFi Daily

### 🎥 **Sui Network's $223M Hack: What Happened?** 🔐 **Sui Network’s Largest Hack EXPLAINED!** On May 22, 2025, the Sui blockchain suffered one of the biggest DeFi exploits of the year — a staggering **$223 million hack** through its top DEX, **Cetus Protocol**. But how did it happen? Who’s behind it? And what does this mean for the future of SUI? In this video, we break down: ✅ How the hacker exploited a math library ✅ What the Sui Foundation is doing about it ✅ The $5M bounty to catch the attacker ✅ Impact on SUI coin price and investor trust ✅ Future predictions and recovery plans --- 🛡️ **Sui Foundation Responds:** The team froze $163M in assets and launched a $10M security initiative to protect the ecosystem from future exploits. 📉 **Market Impact:** SUI price dropped significantly following the news. Find out how investors are reacting and what analysts predict next. --- 🧠 Stay informed, stay safe. Like 👍 | Share 🔁 | Subscribe 🔔 for more crypto news every day! 📌 **#SuiHack #SUI #CryptoNews #DeFiDaily #BlockchainSecurity #SuiNetwork #CryptoUpdate** ---
Video source:Youtube

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