[Rendar]

Bloody Fang's Ichor Veil absorbs 76 Sound damage!
Resist! Bloody Fang takes 0 Sound magical damage. (Detonation Rift / Bloodthorn Executioner Blade)
Bloody Fang's Ichor Veil absorbs 69 Fire damage!
Bloody Fang takes 0 Fire magical damage. (Detonation Rift / Bloodthorn Executioner Blade)

Ichor Veil is currently taking full damage from a Kickback style attack. Deto Rift should've done 7 damage and 10 damage here.

Instead it destroyed the entire Ichor Veil.

[Neus]

As far as I can tell this is only a display error, where it shows the shield's current LV instead of the actual damage absorbed. This has been corrected in 3.01.

If you look at the total displayed in both distances, 76-69 = 7, so it's apparently decreasing based on the proper amount of damage.