Sui Network Hit Again: DeepBook Exploit Adds To Growing List As Token Defies Pressure With Bullish Breakout
A vulnerability in one of the core DeFi protocols on Sui Network exposes the ecosystem to renewed scrutiny. Around 3:18 AM UTC, a bug that led to undercollateralization of the DeepBook Protocol’s USDC margin pool resulted in $239,700 of bad debt. The problem led to the immediate suspension of margin trading as developers raced to … Read more