Velocore: Willing to offer 10% white hat bounty to hackers

Velocore has tried to communicate with the hacker on the chain and said that if the hacker returns the remaining funds before 16:00 on June 3rd, Beijing time, it is willing to provide a 10% white hat bounty. The hacker has not yet responded. (The Block) Previously, Velocore released a vulnerability incident analysis report. Velocore suffered a security vulnerability on June 2, resulting in a loss of approximately $6.8 million worth of ETH. The root cause of the vulnerability was a vulnerability in the Balancer-style CPMM pool contract. The main cause of the incident was a logical error in the velocore__execute() function of ConstantProductPool, and the official has taken measures to ensure that the vulnerability can no longer be exploited. The report pointed out that the incident is unlikely to spread to other protocols, so other users of Linea and zkSync can rest assured. Velocore is investigating and tracking down the hacker, while trying to conduct on-chain negotiations and requesting various protocols and CEXs to cooperate in investigating the attacker's activities. For affected users, Velocore has completed a snapshot before the incident. Once operations are resumed, Velocore will implement an appropriate compensation plan.