Tag: exploit

ZKsync Plunges After $5M Exploit

ZKsync Plunges After $5M Exploit

ZKsync has started to feel the fallout from a recent hack. An attacker erroneously minted 111 million ZK tokens worth approximately $5 million. The exploit primarily targeted an admin account associated with airdrop distribution contracts. This attacker has made that feat far more difficult for the Layer-2 scaling solution. As...