Volo Protocol lost about $3.5 million from three vaults holding WBTC, XAUm, and USDC. Volo Protocol was exploited, losing about $3.5 million from three vaults holding WBTC, XAUm, and USDC. The protocol froze all vaults, coordinated with the Sui Foundation, and says the remaining $28 million in funds are safe. The incident adds to a wider DeFi security problem, with over $10 billion in total crypto losses from hacks and bridge exploits to date. Another day, another exploit. The security crisis i…
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