The Sui ecosystem DeFi protocol Volo was hacked, with approximately 3.5 million dollars in assets stolen
According to the official announcement from Volo, a security vulnerability incident occurred with the BTCFi and LST protocols on the Sui network, resulting in approximately $3.5 million in assets (including WBTC, XAUm, and USDC) being stolen from three specific Vaults.
After the incident, the team immediately notified the Sui Foundation and ecological partners, and froze all Vaults to prevent further losses. Volo stated that this vulnerability only involved three Vaults, and the remaining Vaults do not have the same attack vector, with approximately $28 million in TVL assets remaining safe. The official emphasized that they will bear the loss themselves and will not pass the loss onto users, and will release a complete post-incident report and remediation plan after the investigation is completed.
You may also like

a16z: 7 Images to Understand How Tokenization Changes the Nature of Assets

The secret to Hyperliquid's success dismantled from the five-layer financial stack

After Futu Securities was banned, will buying stocks on-chain be the new remedy?
Why Crypto Traders Are Watching Gold and Nasdaq Again in 2026

Why have foreign exchange stablecoins never taken off?

AIDC, computing power leasing, and cloud: The "three-part thesis" of AI transformation in cryptocurrency mining farms

Futu has had all its illegal gains confiscated, reminding cryptocurrency exchanges

Football, Web3 & Champions' Energy: A Recap of WEEX's LALIGA VIP Meetup in Barcelona
Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai

Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

Insiders: DeepSeek is forming a Harness team to compete with Claude Code

The financial changes under the new SEC regulations: Opportunities and regulatory red lines behind "tokenized stocks"

SpaceX officially submitted its prospectus, unveiling the largest IPO in history

Blockchain Capital Partner: The structure of on-chain dual-layer capital is still in the early stages of value discovery

I tested with $10,000: zero wear and tear, annualized 8%, and can earn points (with complete tutorial + screenshots)

Secured over $60 million in funding from Dragonfly, Sequoia, and others, learn about the on-chain derivatives protocol Variational | CryptoSeed


