The damaged management account connected to ZKSYNC’s AirDrop contract remitted about $ 5 million in ZK tokens, stealing the remaining claims in the first token distribution of the network.
The attacker exploited the function of claiming tokens on April 15, issued about 110 million ZK tokens, which is about 0.45%of the total token supply.
According to declaration The use of Zksync in X is limited to AirDrop Distribution Contracts. The ZKSYNC protocol, ZK token contract, governance infrastructure or token program did not affect.
The protocol explained that the user fund was not in danger and was isolated due to the damaged personal key that controlled the affected administrator account.
The attacker has replaced $ 3.5 million of the already stolen ZK tokens with Etherrium. The warm chain data points out.
ZKSYNC’s team said that recovery efforts are in progress in cooperation with SEAL 911, an exchange and blockchain security company. The team also announced a public request for an attacker to negotiate the return of funds and to contact the legal outcome.
According to the team’s forensic survey, Exploy can no longer use peppermint tokens using the same method. This incident did not affect the security of protocol levels or ongoing governance activities.
After the internal review and recovery measures, the project will announce the entire post.
Zk token tank
According to Cryptoslate data, ZK tokens have decreased 8.6% over the last 24 hours and trading at $ 0.04513 based on Prest Time.
Since launch, tokens have lost almost 90%of their value.
Accordingly, Matter Labs CEO Alex GLUCHOWSKI address Concerns and disadvantages of social media are Wider market correction.
Gluchowski said:
“ETH and all other L2s have fallen significantly from ATHS. Nevertheless, myself and the material laboratory are devoted to Zksync’s mission and success. Also, we are also seeing very optimistic signs in the new leadership of Ethereum Foundation.”
GLUCHOWSKI added that he added Keep answering the public inquiry About the case while the investigation continues to be activated. ZKSYNC repeatedly shared the technology update after the ongoing security analysis.
Although the scope is limited, unauthorized mining temporarily expanded its circulation supply, and the investigation into major management practices has increased within ZKSYNC’s smart contract distribution.