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Sui-based Volo Protocol exploited; team pledges to absorb losses

What happened

Get The Block’s latest crypto news and price alerts for the coins you follow, right in Chrome. Add our free extension here. Volo said the attack hit WBTC, XAUm and USDC vaults, froze funds and will absorb the roughly $3.5 million loss without passing it to users Volo Protocol,.

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