A pirate compromised a ZKSYNC administration account on April 15, striking $ 5 million in un requained air token, according to a statement from the Official account of Zksync X. The attack was described as isolated, without affected user funds.
Following an investigation, Zksync detailed the incident on April 15, revealing that the compromise account had an administrative control over three aerial departure distribution contracts. The attacker operated a function called Sweeplamemed () to strike 111 million un demanded ZK tokens, increasing the total offer of chips by 0.45%. Since the last update, the attacker has always had control of most of the stolen funds.
Source: Zksync
ZKSYNC coordinates recovery efforts with Alliance safety (SEAL). According to the protocol, its governance and its token contracts are not affected. The company said that no other feat is possible via the vector “Sweep-Claimed ()”.
ZKSYNC is an Ethereum Layer-2 protocol which treats main layer transactions in lots using a technology called zero knowledge rollups. The ZKSYNC era platform has $ 57.3 million of total value locked on April 15, according to Defilma. Zksync had been exceeding 17.5% of his token supply to the participants to the ecosystem.
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The ZK token drops 7% in 24 hours a day trading
The ZKSYNC, ZK (ZK) token, saw a volatile price action following hacking and public disclosure of the project on X. Around 1 p.m. UTC, the token fell by 16%, falling to $ 0.040 before bouncing $ 0.047 at the time of writing. Despite the rebound, ZK remains down 7% in the last 24 hours.
Overall, $ 2 billion was lost in cryptographic hacks in the first quarter of 2025 only, only $ 300 million less than the total lost in 2024.
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