Odaily Planet Daily News Velocore stated on the X platform: We have identified the root cause and taken measures to prevent imitators from using the same method (to launch attacks). We are coordinating with other security partners to determine the appropriate time to release a post-analysis article. At the same time, all buttons except for withdrawal are disabled. The Telos end is unaffected and will resume after the analysis article is published.

On June 2, Velocore announced that the vulnerability attack mechanism has been identified and an on-chain negotiation process is being established. In addition, Velocore stated that Velocore on the Telos Mainnet is not affected, and the team is working with the foundation while the functionality is frozen.

Odaily Telos announced a $1 million strategic investment from Presto Labs, an Asian venture capital firm and liquidity provider. The investment marks the beginning of a long-term partnership between Telos and Presto Labs, with funds to be used for Telos to develop an SNARKtor-based Ethereum Layer2 zkEVM network. The funding will also help incubate the growth of SNARKtor Labs, Telos' business unit in Hong Kong, focused on accelerating Telos' ZK-proof technology infrastructure. （Chainwire）

On January 5, the Telos Foundation behind the Layer1 Blockchain Telos appointed John Lilic as executive director. John Lilic previously worked at Consensys and also worked as a consultant at Polygon.

21:00-7:00Keywords: Telos, G20, Uzbekistan, CFTC 1. Lawyer: BTC-e Lianchuang Alexander Vinnik may plead guilty; 2. Analyst: FTX may start selling its virtual assets starting next week; 3. The Telos Foundation has reached cooperation with the multi-chain liquidity protocol Symbiosis; 4.G20 leaders will discuss advancing the proposed cryptocurrency regulatory roadmap in October; 5. The President of Uzbekistan signs legislative amendments including crypto mining licenses; 6. Head of the CFTC Enforcement Department: The DeFi field may be evolving, but law enforcement will continue to evolve with it.

Odaily Planet Daily According to official news, the Telos Foundation has reached cooperation with the multi-chain liquidity protocol Symbiosis. The Telos chain will use Symbiosis’ newly launched “Bridge as a Service”. Additionally, Telos integrates with Octopool to enable cross-chain token swaps between all Symbiosis-supported networks and Telos.

According to PANews news on June 2, according to Blockworks, the American game retailer GameStop has cooperated with the Telos Foundation to try a new Web3 game launcher called GameStop Playr. Currently, GameStop Playr has not yet launched, and no compatible games have been announced, but interested users can join the waiting list, and games compatible with the Telos blockchain will be able to be distributed through GameStop Playr.