⚠️SUI-BASED DEFI PROTOCOL LOSES MILLIONS Volo Protocol, a liquid staking platform built on Sui, lost ~$3.5M in a targeted vault exploit involving WBTC, XAUm, and USDC. The team immediately froze all 3 vaults affected, secured ~$500K, and blocked a 19.6 WBTC bridge attempt. Volo says ~$28M in remaining TVL is safe and claims it will absorb the losses itself, not users. This comes just days after the $292M KelpDAO exploit linked to North Korea’s Lazarus Group. Volo has not yet attributed the attack to any known actor.(Coin Bureau)