ZKSync Admin Wallet Compromised, $5M Stolen

ZKSync Admin Wallet Compromised, $5M Stolen

An admin wallet for layer-2 blockchain ZKsync was compromised on Tuesday with the hacker taking off with $5 million worth of ZK tokens.The stolen funds were the "remaining unclaimed tokens from the ZKsync airdrop," ZKsync wrote on Twitter, before saying that "necessary security measures are being taken."The protocol's ZK token has dropped almost 14% over the past 24 hours. Volume has increased by 96% to $71 million in the same period.ZKsync said…

ZKsync tokens worth $5M swiped in admin account breach

The team says an attacker minted unclaimed tokens from ZKsync’s 2024 airdrop, and that no user funds or code were compromised.

ZKsync tokens worth $5M reportedly swiped in admin account breach

This is a segment from The Drop newsletter. To read full editions, subscribe. The Ethereum scaling-focused ZKsync team said one of their admin accounts was accessed and compromised, leading to the theft of over 100 million tokens. The attacker swiped roughly 111 million ZK, or $5 million worth of the token, the ZKsync team said. This was the amount left unclaimed from the controversial ZK airdrop that took place in June last year. The team said …

Ethereum Layer-2 ZKsync Confirms $5 Million Theft via Compromised Airdrop Admin Account

ZKsync, an Ethereum Layer-2 scaling solution, has disclosed a security compromise in which $5 million in unclaimed airdrop tokens were stolen. The problem occurred after an administrative wallet that manages the airdrop contracts was compromised. The breach, described as an “isolated attack,” has raised worries about the security of token distribution in the zk-rollup market. During last year’s 21 billion token airdrop, the project received crit…

ZKsync Hit by Admin Hack, Attacker Mints 111M Extra Tokens

A ZKsync admin account was compromised on April 15, which allowed an attacker to mint about $5 million worth of unclaimed ZK tokens.