Crypto DeFi Project Cetus Protocol Suffers Security Breach

May 23, 2025 - 09:00
Crypto DeFi Project Cetus Protocol Suffers Security Breach
Cetus Protocol said it approximately $223 million (roughly Rs. 1,910 crore) in a security breach. The team is investigating the incident at the moment. The attacker exploited vulnerabilities in Cetus Protocol’s smart contracts, Deddy Lavid, CEO of blockchain security firm Cyvers.