Zokyos Velocore Security Alert Constant Product Pools ETH Vanishes Valued at 68 Million

In response to the recent hacking incident, blockchain security company Zokyo has released a post-event analysis report on Velocore, revealing that Constant Product Pools suffered a loss of approximately $6.8 million worth of ETH, USDC. The net loss in the ETH-USDC-VLP treasury reached 155 ETH and over 500,000 USDC. Velocore stated that, based on the exploitation of vulnerabilities in contracts and the steps taken by the attackers to successfully recover, this exploit requires determined attackers with a high level of precision to obtain the final value passed to Velocore operations.