The post Nemo Protocol on Sui Network Hit by $2.4M USDC Hack appeared first on Coinpedia Fintech News
Nemo Protocol, a yield trading platform on the Sui blockchain, suffered a $2.4 million hack. The attacker exploited vulnerabilities to steal USDC stablecoins, moving the funds across networks by bridging them from Arbitrum to Ethereum through Circle. This cross-chain move makes tracking and recovery more difficult. The attack highlights ongoing security risks in DeFi despite …
