DeFi Security Crisis Deepens: Volo Protocol Loses $3.5 Million in Latest Hack
The DeFi sector is facing a growing security crisis, with Volo Protocol being the latest victim of a major hack. The platform, which allows users to deposit assets into yield-generating vaults, confirmed that roughly $3.5 million in digital assets were drained from three of its vaults. The breach, which occurred on Wednesday, affected vaults holding wrapped bitcoin, tokenized gold, and the dollar…
April 22, 2026, 7:45 a.m.