Zksync Admin Hack Drains $5M—Native ZK Token Plummets 13% in Minutes
Submitted by Anonymous (not verified) on Tue, 04/15/2025 - 18:40
On Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness. From Airdrop to Heist: $5M Worth of ZK Vanished Matter Labs’ Zksync—an Ethereum layer two […]