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Velocore releases security event update: plans to liquidate the treasury on zkSyncEra and Linea, and will soon open for claims
Odaily Planet Daily News According to official news, Velocore has released a security incident update, stating that it will liquidate the treasury on zkSyncEra and Linea before further reducing the available funds to quickly compensate user losses. Compensation will be enabled directly on the homepage soon, please be aware of such fraudulent links. If stolen funds are recovered through further investigation in the future, the current Snapshot will be used for additional distribution. Earlier news, Velocore encountered a security vulnerability on June 2, resulting in a loss of approximately $6.8 million worth of ETH.