WBTC

Volo Recovers Most Funds after $3.5M Sui Exploit

Volo said that it has recovered the remaining roughly 64.9 ETH tied to the recent exploit, pushing total net loss down to about $60,000. In the same recovery update, the protocol said it will absorb that residual loss out of pocket to make all affected users whole. Recovery Update #5 – Volo Vaults Good news, more funds have been recovered. We have successfully recovered the remaining ~64.9 ETH the attacker acquired. With this recovery, our total net loss is now dow...

Volo Claws Back Stolen Funds, Leaves Attacker With Almost Nothing

Volo recovers nearly all stolen assets after its $3.5M Sui vault exploit, cutting net losses to $60K. XAUm coordination with MatrixDock still ongoing. Volo, the DeFi protocol on the Sui blockchain that suffered a $3.5 million vault exploit last week, said it has now recovered the remaining roughly 64.9 ETH the attacker obtained. The announcement came via @volo_sui on X, marking the protocol’s fifth recovery update. Total net loss from the incident now stands at appro...

Volo claims successful recovery of ‘90% of stolen funds’ within days of exploit

The post Volo claims successful recovery of ‘90% of stolen funds’ within days of exploit appeared on BitcoinEthereumNews.com. Volo, a liquid staking protocol on the Sui blockchain, has come up with the fourth update of its recovery plan. A few hours ago, the team shared that they have been able to identify the culprit of the attack and have also contained its impact. As per Volo’s calculation, the net loss in this attack was roughly $200K. Remarking on the same...

Volo claims successful recovery of ‘90% of stolen funds’ within days of exploit

Following Volo's 22 April exploit, how were WBTC, XAUm, and USDC reclaimed?