Ethereum (Ethics) Layer-2 Scaling Solution Zksync (Non) has suffered significant exploitation, resulting in the loss of $ 5 million in the ZK tokens.
The violation, which directed the platform’s smart contract infrastructure, has been recognized of the protocol through a post to the social media platform X.
“The Zksync Security Team has identified a compromised administrator account that took control of ~ $ 5 million of ZK -Tokens – the remaining unproven tokens from Zksync Airdrop. Necessary security measures are taken.
All user funds are safe and have never been at risk. The Zksync -Protocol and the ZK -Token -contract remained safe and no additional ZK is at risk.
This is an isolated incident caused by a compromised key and limited to the ZK Token AirDrop contract.
The survey is ongoing and a detailed update will be shared later today. “
The attack, reportedly carried out by a sophisticated vulnerability in ZKSYNC’s zero -knowledge activities, enabled the perpetrator to empty funds from several wallets. Blockchain security companies are investigating the event.
Last month the prominent blockchain investigator ZachxBT said that sweeping government regulations may be needed to prevent Constantly evolving crypto hacks.
“This industry is incredibly cooked in terms of exploits/hacks and unfortunately IDK about the industry will fix this unless the government does not compulsor regulations that damage the entire industry.
Several “decentralized” protocols have recently had almost 100% of their monthly volume/fees derived from DPRK (Democratic People Republic of Korea) and refuse to take any responsibility. “
ZK deals for $ 0.046 at the time of writing, a decrease of 7.5% on the day.
Generated Picture: Midjourney
