September 21, 2024

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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

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Decentralized Exchange Velocore Confirms Breach, Reports .8 Million in Financial Losses
Decentralized Exchange Velocore Confirms Breach, Reports .8 Million in Financial LossesThe decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is actively pursuing the hackers and is open to negotiating a settlement. Hackers Exploited Vulnerabilities Within the CPMM Pool Contract The decentralized exchange Velocore on Zksync […]