Just last week, hackers stole around $5 million worth of ZKsync’s native ZK crypto, raising alarm bells among crypto insiders. In this case, a compromised administrative account was the key that opened the door. This provided the attackers the opportunity to take control of unregistered tokens from a recent airdrop....
We know that the world of crypto moves fast, but so do the bad actors operating in this space. Just last week, ZKsync, considered one of the most secure and agile layer-2 scaling solutions for Ethereum, was exploited for $3 million. Due to this incident, approximately $5 million worth of...
Five million dollars. Gone. Poof. Taken from ZKsync, currently one of Ethereum’s supposedly greatest beacons of hope in the Layer-2 scaling arms – sorry, race. They say user funds are safe. They say the protocol is secure. But does it feel that way? Does it sound that way? This isn't...
Five million dollars gone. Poof. ZKsync, another darling of the Ethereum scaling world, just got hacked. And while they’re at it reassuring everyone that “everything is OK,” let’s face it – that’s not true, it’s not that simple. It’s a bright, blinking neon sign blaring that the airdrop model is...