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...
The ZKsync hack. It might be tempting to chalk it up as merely another crypto debacle, another technical crack in the matrix. That’s letting them off the hook. Looting over 111 million ZK tokens ($5 million) is a stark abdication of responsibility. As a reminder, this incidence is based on...
The ZKsync hack exposes more than just the traded away tokens. It’s a proud reminder that decentralized finance culture can ring a little hollow without addressing core equity and access concerns. We have to consider who is most harmed when these things leave unchecked.Whose Voices Are Being Silenced?Let's be brutally...