According to Lookonchain, Cork Protocol suffered a significant security breach resulting in the theft of 3,762 wstETH, valued at approximately $12 million. The attacker promptly exchanged the stolen wstETH for 4,530 ETH of equal value, as verified by on-chain data from Etherscan. This exploit highlights the persistent risks in DeFi protocols and may trigger increased volatility and caution among traders interacting with wstETH, ETH, and DeFi-related tokens. Such incidents often lead to sharp price reactions and can affect liquidity in related markets (source: Lookonchain, Etherscan).

According to Cas Abbé on Twitter, the CETUS Protocol hack has been officially confirmed with nearly $220 million in funds compromised. So far, $160 million has been successfully frozen, while the CETUS team is collaborating with SUI Foundation, Binance, and other partners to recover the remaining $60 million from the hackers (source: Cas Abbé, Twitter, May 22, 2025). In response, the $CETUS token has dropped over 15% in value. This significant breach highlights the ongoing risks in DeFi protocols and underscores the importance of robust security measures for crypto traders and investors. The incident has triggered heightened volatility and may impact sentiment across decentralized finance and SUI ecosystem-related tokens.

According to Milk Road (@MilkRoadDaily), Cetus, a major decentralized exchange (DEX) on the Sui blockchain, suffered a significant exploit resulting in over $11 million drained from the SUI/USDC liquidity pool. This breach has triggered a rapid sell-off, with most SUI-based tokens plummeting 75% to 80% in value within hours of the incident. The security breach has led to heightened volatility and eroded trader confidence in the Sui ecosystem, causing SUI trading volumes to spike and liquidity to thin across multiple exchanges. Traders are advised to monitor SUI and related tokens closely, as further downside and contagion risks may impact broader DeFi and altcoin markets. Source: https://twitter.com/MilkRoadDaily/status/1925520489159827816

According to PeckShieldAlert, Zunami Protocol suffered a security breach resulting in the theft of collateral for zunUSD and zunETH, with losses totaling approximately $500,000. The attacker swiftly moved the stolen assets to Tornado Cash, making recovery more difficult. This incident highlights ongoing vulnerabilities in DeFi protocols and could impact market confidence and token prices associated with Zunami Protocol and related DeFi projects. Traders should closely monitor security developments and liquidity changes for zunUSD and zunETH, as well as broader implications for DeFi risk premiums. Source: PeckShieldAlert on Twitter, May 15, 2025.