Nemo Protocol on Sui Network Exploited for $2.4 Million

08/09/2025 14:20

Nemo Protocol on the Sui Network has suffered a security breach resulting in a $2.4 million loss. The attacker successfully exploited the protocol and transferred the stolen funds by bridging USDC via Circle from Arbitrum to Ethereum. This incident highlights ongoing vulnerabilities in blockchain protocols and the need for enhanced security measures.

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