At the end of January, a hacker with the nickname voices38 cracked Denuvo in Sonic Frontiers and has been silent since.
Recently, he reminded about himself again and talked about his technical achievements:
My tools for Denuvo 2024 are ready, the next release is already in the testing phase. After that, I will move on to cracking Denuvo 2025. Traditional old-school "cracks" that really require skill.
voices38 is precisely cracking Denuvo, and not bypassing it with the help of a "hypervisor", as many tech enthusiasts have been doing lately.