← Velocore V21 decision on this page
Audit log
Every state-changing event for Velocore V2: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.
- #1publishby system:backfill2026-05-28 04:23:31ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 422,646,758
- sig
4htrZvrThCtF…dYKjRv6Eexplorer ↗- hash
FteDGdRyt5bE…cSwpHQpPsha256 → base58
verifying row…full verify ↗canonical bytes (6839 B) ▸
{"actor":"system:backfill","investigation_id":"3cedcd5a-a1b1-4b38-923a-ef30a8884da3","kind":"publish","page_slug":"velocore-v2","published_at":"2026-05-28T04:23:31.464Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Velocore V2","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.velocore.xyz/","type":"other","url":""},{"credibility":3,"name":"https://docs.velocore.xyz/security-and-contract-address/three-rounds-of-audits","type":"other","url":""},{"credibility":3,"name":"https://defillama.com/protocol/velocore-v2","type":"other","url":""},{"credibility":3,"name":"https://rekt.news/velocore-rekt/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/velocore-rekt/","type":"other","url":""},{"credibility":3,"name":"https://www.merklescience.com/blog/investigating-the-velocore-hack-and-flow-of-funds","type":"other","url":""},{"credibility":3,"name":"https://www.vibraniumaudits.com/post/velocores-6-8-million-exploit-fast-and-furious-losses-in-crypto","type":"other","url":""},{"credibility":3,"name":"https://smartcontractshacking.com/hacks/velocore-v2-hack-2024","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/?id=velocore-hack","type":"other","url":""},{"credibility":3,"name":"https://coinedition.com/velocore-faces-exploitation-loses-about-10-million-report/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cryptoslate.com/linea-under-scrutiny-for-unilateral-block-production-halt-amid-velocore-hack/","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/298062/linea-decentralization-velocore-hack","type":"other","url":""},{"credibility":3,"name":"https://unchainedcrypto.com/consensys-linea-briefly-halts-block-production-after-6-8-million-velocore-dex-exploit/","type":"other","url":""},{"credibility":3,"name":"https://cryptonews.com/news/linea-plans-decentralization-after-halting-block-production-due-to-7m-velocore-breach/","type":"other","url":""},{"credibility":3,"name":"https://thedefiant.io/news/defi/linea-halts-network-after-velocore-exploit","type":"other","url":""},{"credibility":3,"name":"https://defi-planet.com/2024/09/lineas-growth-lead-marco-monaco-resigns-says-visions-are-not-aligned-anymore/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://velocorexyz.medium.com/velocore-incident-post-mortem-6197020ec3e9","type":"other","url":""},{"credibility":3,"name":"https://www.coinspeaker.com/velocore-dex-white-hat-bounty-hack/","type":"other","url":""},{"credibility":3,"name":"https://support.bitrue.com/hc/en-001/articles/33321479613849-Velocore-Offers-10-White-Hat-Bounty-in-Response-to-7M-Hack","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/298032/decentralized-exchange-velocore-addresses-7-million-hack-in-postmortem-offers-bounty-to-hacker","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://velocorexyz.medium.com/treasury-liquidation-of-velocore-on-exploited-chains-8b434096a8f7","type":"other","url":""},{"credibility":3,"name":"https://smartcontractshacking.com/hacks/velocore-v2-hack-2024","type":"other","url":""},{"credibility":3,"name":"https://www.coinlive.com/coin/velocore","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.velocore.xyz/security-and-contract-address/three-rounds-of-audits","type":"other","url":""},{"credibility":3,"name":"https://hacken.io/audits/velocore/","type":"other","url":""},{"credibility":3,"name":"https://rekt.news/velocore-rekt/","type":"other","url":""},{"credibility":3,"name":"https://www.vibraniumaudits.com/post/velocores-6-8-million-exploit-fast-and-furious-losses-in-crypto","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.merklescience.com/blog/investigating-the-velocore-hack-and-flow-of-funds","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/?id=velocore-hack","type":"other","url":""},{"credibility":3,"name":"https://neptunemutual.com/blog/taking-a-closer-look-at-velocore-exploit/","type":"other","url":""}]}],"sources_used":[],"summary":"Velocore V2 was a ve(3,3) decentralized exchange (DEX) deployed on the Linea and zkSync Era layer-2 blockchains. On June 2, 2024, the protocol suffered a critical smart contract exploit that drained approximately $6.8 million in ETH from its volatile liquidity pools. The attacker laundered stolen funds through Tornado Cash, no recovery was achieved, and the team subsequently announced a treasury liquidation rather than a protocol relaunch.","timeline":[{"date":"2023-08-14","event":"Zokyo completes security audit of Velocore V2 smart contracts.","source":""},{"date":"2023-08-16","event":"Scalebit completes security audit of Velocore V2 smart contracts.","source":""},{"date":"2023-08-29","event":"Hacken completes security audit of Velocore V2 smart contracts.","source":""},{"date":"2024-06-02","event":"Velocore V2 exploited for approximately $6.8 million in ETH across volatile CPMM pools on Linea and zkSync Era. Attacker uses flash loans and manipulates fee calculation logic to drain pool liquidity. Stolen funds bridged to Ethereum mainnet via Across Protocol and laundered through Tornado Cash.","source":""},{"date":"2024-06-02","event":"Linea (ConsenSys' L2) unilaterally halts block production for approximately one hour, censoring attacker addresses. Action fails to prevent the loss of $6.8 million but draws major industry backlash over centralization concerns.","source":""},{"date":"2024-06-03","event":"Velocore team publishes on-chain message to attacker offering 10% white hat bounty (~$680,000) with a deadline of 08:00 UTC. No response received.","source":""},{"date":"2024-06-03","event":"Velocore team publishes post-mortem on Medium detailing the technical vulnerability and pledging a compensation plan for affected LPs.","source":""},{"date":"2024-07-01","event":"Velocore team announces decision to liquidate the protocol treasury to partially compensate LP victims rather than attempt a protocol relaunch. States that compensation will only cover a fraction of user losses.","source":""},{"date":"2024-09-01","event":"Marco Monaco, Linea's Growth Lead, resigns citing misaligned visions with Consensys leadership, in the aftermath of the Velocore exploit controversy.","source":""},{"date":"2024-10-03","event":"Velocore's VC governance token reaches an all-time low price of approximately $0.000069.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision 13245af2-492a-4a1c-9a32-dee69c795967
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine —
python -m src.verify_decision <event_id>.