Velocore, a decentralized exchange running on zkSync and Linea, is under suspicion of a potential hack. The security incident allegedly led to the unauthorized access to and theft of all users' Liquidity Provider tokens (LPs), amounting to a substantial sum of $10 million.

The Linea blockchain, which encountered a disruption in block production, has now resumed its normal functioning. The block production halt occurred during blocks 5081800 and 5081801, lasting for approximately an hour. The exact cause of this interruption remains undisclosed.

In an attempt to obscure their tracks, hackers reportedly moved a portion of the stolen Ethereum (ETH) to the Ethereum mainnet, adding a layer of complexity to the situation.

Despite the adversity, Velocore asserts that it has successfully cleared three rounds of thorough evaluations. These evaluations were conducted by reputable firms like Zokyo, Hacken, and Scalebit, as per official records.

In response to the breach, BladeSwap, a fellow Decentralized Exchange (DEX), issued a statement acknowledging Velocore's compromise on the zkSync/Linea network. BladeSwap attributed the incident to an error in Velocore's Fixed Product Market Maker (CPMM) pool contract calculations.

BladeSwap, derived from Velocore, reassured its user base regarding the safety of their assets. The DEX clarified that Velocore's pooling mechanism does not involve CPMM (Balancer style).

*Please note that this is not intended as investment guidance.