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ZKSync Admin Wallet Compromised, $5M Stolen

The ZK token is down by 13.7% in the past 24 hours.

Updated Apr 15, 2025, 2:35 p.m. Published Apr 15, 2025, 2:28 p.m.
FastNews (CoinDesk)

What to know:

  • Layer-2 blockchain ZKSync said an admin wallet was compromised on Tuesday.
  • The hacker managed to steal $5 million worth of ZK tokens.
  • The ZK token has dropped almost 14% in the past 24 hours.

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."

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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 the attack was an isolated incident and that it is confined to the token airdrop contract.

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