Velocore is not affected on Telos mainnet, the vulnerability attack mechanism has been identified and the attacker is being tracked

Odaily Planet Daily News Velocore posted on the X platform: "We have identified the vulnerability exploit mechanism and are establishing an on-chain negotiation process. A post-mortem analysis article is being prepared. We use the clues left by them to track down the exploiter. More updates are coming soon. Velocore on the Telos mainnet is not affected, and we are working with the foundation during the function freeze. We will provide guidance on how to safely withdraw all funds in the future." Earlier news, Officer's Notes disclosed that Velocore was attacked on the zkSync and Linea chains. Afterwards, Velocore posted on the X platform confirming that its protocol had been attacked, resulting in the loss of most liquidity. The CPMM pool of its protocol has been affected, but the stable pool has not been affected, so funds can be withdrawn in its stable pool. In addition, the Velocore team is working with the security team and the foundation, and has asked CEX to freeze the stolen assets. Velocore will continue to take all necessary measures to work hard to resolve this issue.