Nemo Protocol, a decentralized finance (DeFi) platform built on the Sui blockchain, was the target of a cyberattack that resulted in the loss of $2.4 million in stablecoins. Sui-Based Nemo Protocol Hit by $2.4 Million Hack Blockchain security firm PeckShield was the first to report the 0 company reported that the attacker transferred the stolen USDC from Arbitrum to the Ethereum 1 the attack, the Nemo team confirmed the incident and updated the community in a statement on Telegram today. “Dear Nemo community, a security incident occurred last night and our Market pool was 2 are investigating the matter and have suspended all smart contract activity for the time being,” the statement 3 platform also previously announced that the Nemo app would undergo maintenance on Mondays and 4 the company announced that assets in all vaults are safe, the exact cause of the attack has not yet been 5 Protocol is a yield-trading platform built on the Sui network, focused on yield infrastructure and 6 provides users with efficient trading, hedging, and leveraged trading through yield 7 incident once again highlighted that security vulnerabilities still pose serious risks in the DeFi industry. *This is not investment 8 Reading: Decentralized Finance (DeFi) Platform Developed on the Sui Blockchain Became a Target of Hackers!
Here's the Stolen Amount
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