Velodrome Finance's decentralized trading protocol in the Optimism ecosystem has suspended customer service while the consequences of the exploit are being addressed.
The protocol team issued a warning to its clients about a potential threat and compromise of the program interface. The company asks users to exclude all forms of interaction with Velodrome until a separate notification is issued.
The Velodrome team does not disclose the nature of the threat. However, according to an independent crypto expert who is present on the social network X under the nickname ZachXBT, we are talking about an attempt to steal protocol assets that are supposedly transmitted to addresses starting with 0x02BA1 and 0xf64fC.
The protocol team issued a warning to its clients about a potential threat and compromise of the program interface. The company asks users to exclude all forms of interaction with Velodrome until a separate notification is issued.
Our frontend is currently compromised. Please do not interact with Velodrome for the time being. The team are investigating and will communicate more here when we have it. — Velodrome (@VelodromeFi) November 29, 2023
The Velodrome team does not disclose the nature of the threat. However, according to an independent crypto expert who is present on the social network X under the nickname ZachXBT, we are talking about an attempt to steal protocol assets that are supposedly transmitted to addresses starting with 0x02BA1 and 0xf64fC.