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Zokyo released an analysis report on the Velocore security incident, revealing a loss of 6.80 million USD worth of ETH.

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Odaily
411Words
Jul 3, 2024

Blockchain security company Zokyo has released a post-incident analysis report on the Velocore security incident. The report indicates that the Constant Product Pools suffered a loss of approximately 6.80 million USD worth of $ETH in this hack. Additionally, the USDC-ETH-VLP treasury also incurred losses, with a net loss of 155 $ETH and over 500,000 USDC. The report provides a detailed description of how the attackers exploited the vulnerability, highlighting the need for high precision, algorithm execution, and extensive security research and testing.

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