TechFlow news: Velocore has released an analysis report on the vulnerability incident, which resulted in a loss of approximately $6.8 million worth of ETH due to a hacker attack. The root cause of this vulnerability lies in a flaw within the Balancer-style CPMM pool contract. The primary issue was a logic error in the "velocore__execute()" function of the ConstantProductPool, and measures have already been taken to ensure the vulnerability can no longer be exploited. The team is actively investigating, tracking the hacker through on-chain negotiations, and has requested cooperation from various protocols and centralized exchanges to probe the attacker's activities. They are also maintaining close communication with security partners and foundations. Based on these investigation results and collaboration with partners, future plans will be continuously adjusted. For affected users, the team took a snapshot of the blockchain state prior to the incident. Once operations resume, an appropriate compensation plan will be implemented to address user losses.
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