Sui-Based Volo Protocol Hit by $3.5M Exploit, Freezes Vaults to Contain Damage

Sui-Based Volo Protocol Hit by $3.5M Exploit, Freezes Vaults to Contain Damage

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Volo Protocol, a liquid staking platform built on the Sui network, reported a security breach that led to the loss of approximately $3.5 million from its vaults, according to an official update shared by the team. The exploit impacted three vaults holding assets in WBTC, XAUm, and USDC. In an official update, the protocol said it detected the attack and responded immediately by notifying the Sui Foundation and other ecosystem partners, while also freezing the affected vaults to prevent further losses. As part of its control measures, all vaults have been temporarily frozen pending a full investigation and reme

Source: https://cryptopotato.com/sui-based-volo-protocol-hit-by-3-5m-exploit-freezes-vaults-to-contain-damage/