Volo Protocol loses $3.5 million in exploit days after KelpDAO’s breach
Another day, another exploit. The security crisis in blockchain-based decentralized finance (DeFi), once touted as a challenger to legacy infrastructure, is only getting worse. The latest victim is Volo Protocol, a platform built on the Sui blockchain, where users deposit assets into yield-generating “vaults,” which function as pooled investments. Deposited tokens such as bitcoin, stablecoins…