Security Incident at Consensys Linea Leads to Temporary Shutdown

Consensys Linea recently faced a significant security challenge as an exploit on its Velocore decentralized exchange (DEX) resulted in a loss of $6.8 million. This incident forced the network to temporarily halt block production to address the vulnerability and prevent further losses. The exploit underscores the ongoing security risks associated with DeFi platforms and the need for continuous improvements in smart contract audits and security measures. The event has prompted a reassessment of security protocols across the network to bolster defenses against future attacks. Read more at Unchained Crypto