DeFi Platform Volo Protocol Suffers $3.5 Million Exploit on Sui Blockchain
Volo Protocol, a DeFi platform on the Sui blockchain, confirmed a $3.5 million exploit targeting its digital vaults. The team froze systems and pledged to absorb the loss rather than passing it to users. The remaining $28 million in Total Value Locked (TVL) was unaffected.
Topics: blockchain_security crypto_security decentralized_finance exploit hacking