Frax Finance CEO Sam Kazemian holds firm that the account passwords were not tampered with and suggested that an insider at X might have been the cause of the breach.
Ethereum layer-2 blockchain Linea is under fire after it revealed that it unilaterally stopped block production because Velocore, a decentralized exchange operating on its network, was hacked. Over the weekend, 700 ETH—equivalent to over $2.6...
Velocore DEX was hacked, losing $10 million. Hackers transferred 700 ETH to the Ethereum mainnet.
The post Decentralized Exchange Velocore Suffers $10 Million Hack: Reports appeared first on BeInCrypto.
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