Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit

Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit

1.05%BTC$78,252 2.26%XLM$0.1796 0.74%TRX$0.3345 1.63%XMR$375.19 0.09%DOGE$0.09803 2.61%BCH$466.65 4.59%ADA$0.2557 2.09%BNB$642.50 1.18%ETH$2,397 3.14%SOL$88.22 2.61%HYPE$41.03 0.46%XRP$1.45 0.85%USD Written by Amin Haqshanas,Staff WriterReviewed by Bryan O'Shea,Staff EditorAnother DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit2 hours agoVolo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation. Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the latest incident in a series of exploits targeting DeFi platforms. In a Wednesday post on X, the team said the attack affected select vaults and involved assets including Wrapped Bitcoin (WBTC), Matrixdock Gold XAUm

Source: https://cointelegraph.com/news/volo-defi-3-5m-exploit-vault-attack-recovery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound