🚀🚀Odaily Planet Daily Hot News Express: Velocore issued a statement on the X platform that due to the recent vulnerability exploitation incident, they have disabled most of the functions and only retained the withdrawal function to prevent further losses. 😱😱

🔍🔍The front-end exchange cannot correct the imbalance of the stable pool and the de-anchored pool through arbitrage, resulting in additional losses for LP. On the Linea chain, they found another vulnerability that could lead to asset theft, so they conducted a white hat operation to safely deposit the assets into an independent Safe vault. Affected LPs can claim funds based on block snapshots. 👏👏

🎉🎉It is worth mentioning that the Telos chain has not been attacked and has been patched without waiting for the time lock. The assets will be returned to the owner 1:1, which has nothing to do with the overall LP compensation. The team is taking snapshots and updating the claim function. Regarding the compensation of LP victims, the community will vote to decide whether to restart or liquidate, and all remaining assets will be integrated into a single vault for collective decision-making. 🙌🙌

🔔🔔Please continue to pay attention to global blockchain regulatory trends, industry trends, and cryptocurrency news. Let us witness the glory of Bitcoin together! 🚀🚀