Oracle Exploit Forces Full Sail Shutdown; Virtue Protocol Loses Funds; Solcat Surges

Full Sail is shutting down after a Switchboard oracle exploit siphoned roughly $91,000 from three vaults on the Sui network. Virtue Protocol suffered about $455,000 in losses due to manipulated-price liquidations, and Full Sail has pledged to use its own and protocol liquidity to repay affected depositors. Meanwhile, the Solcat token experienced a 555.82% surge within 24 hours.