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Velocore: We are working with the security team and the foundation, and have asked CEX to freeze the stolen assets

CointimeCointime2024/06/02 04:04
By:Cointime

On June 2nd, it was announced that the DEX protocol Velocore had confirmed that the protocol had been attacked, causing significant loss of liquidity. The CPMM pool of the protocol has been affected, but the stable pool has not been affected, so funds can be withdrawn from our stable pool. Additionally, the team is working with security teams and foundations, and has requested that CEX freeze stolen assets.

Previously, it was reported that Velocore had suffered an attack on the zkSync and Linea chains, resulting in a loss of approximately $10 million.

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