Velocore DEX Falls Victim to Attack, Resulting in a Loss of $6.8 Million; Linea Network Swiftly Halts Transactions to Ensure User Protection
Velocore has released a post-attack analysis, revealing that all Constant Product Market Maker (CPMM) pools in Linea and zkSyncEra Velocore were affected, while the stable pools remained unaffected. The Velocore team is actively engaged in on-chain negotiations, freezing CEX funds, and compensating users. Velocore admits to losing $6.8 million worth of ETH.