Tuesday, July 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Ethereum Layer-2 ZKsync Suffers Exploit As $5,000,000 in ZK Tokens Drained – The Daily Hodl

16 April 2025
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on Twitter


Ethereum (ETH) Layer-2 scaling resolution ZKsync (ZK) has suffered a big exploit, ensuing within the lack of $5 million price of ZK tokens.

The breach, which focused the platform’s sensible contract infrastructure, has been acknowledged by the protocol by way of a put up to the social media platform X.

“ZKsync safety staff has recognized a compromised admin account that took management of ~$5M price of ZK tokens – the remaining unclaimed tokens from the ZKsync airdrop. Crucial safety measures are being taken.

All consumer funds are secure and have by no means been in danger. The ZKsync protocol and ZK token contract remained safe, and no additional ZK is in danger.

That is an remoted incident attributable to a compromised key and confined to the ZK Token airdrop contract.

The investigation is ongoing, and an in depth replace will likely be shared later at present.”

The assault, reportedly executed by way of a complicated vulnerability in ZKsync’s zero-knowledge proof mechanism, allowed the perpetrator to empty funds from a number of wallets. Blockchain safety companies are investigating the incident.

Final month, outstanding blockchain investigator ZachXBT mentioned that sweeping authorities laws could be wanted to forestall ever-evolving crypto hacks.

“This trade is unbelievably cooked in relation to exploits/hacks and sadly idk if the trade goes to repair this itself until the federal government forcibly passes laws that damage our complete trade.

A number of ‘decentralized’ protocols have just lately had almost 100% of their month-to-month quantity/charges derived from DPRK [Democratic People’s Republic of Korea] and refuse to take any accountability.”

ZK is buying and selling for $0.046 at time of writing, a 7.5% lower on the day.

Comply with us on X, Fb and Telegram

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Examine Worth Motion

Surf The Day by day Hodl Combine

&nbsp

Disclaimer: Opinions expressed at The Day by day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses chances are you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in affiliate internet marketing.

Generated Picture: Midjourney



Source link

Tags: DailyDrainedEthereumexploitHodlLayer2SufferstokensZkSync
Previous Post

Tuition.io Lands Debt Funding from ORIX Corporation – Finovate

Next Post

German Regulator Orders Stablecoin Issuer Ethena to Cease Operations, Cites MiCA Compliance Breaches

Related Posts

Circle Proposed to Launch Federally Regulated Trust Bank
Altcoin

Circle Proposed to Launch Federally Regulated Trust Bank

1 July 2025
‘We’re Back, Baby’ – Analyst Flips Bullish on Solana (SOL), Hints at Altcoins Outperforming Bitcoin (BTC) – The Daily Hodl
Altcoin

‘We’re Back, Baby’ – Analyst Flips Bullish on Solana (SOL), Hints at Altcoins Outperforming Bitcoin (BTC) – The Daily Hodl

1 July 2025
Solana Rival SUI Gearing Up for Major Outperformance Following Correction, According to Real Vision CEO Raoul Pal – The Daily Hodl
Altcoin

Solana Rival SUI Gearing Up for Major Outperformance Following Correction, According to Real Vision CEO Raoul Pal – The Daily Hodl

30 June 2025
Alex Gladstein: Bitcoin Helps Bypass Government Control
Altcoin

Alex Gladstein: Bitcoin Helps Bypass Government Control

30 June 2025
Crypto Strategist Unveils Bitcoin Path to New All-Time High Next Month, Says Plenty of Liquidity To Trigger Run for Altcoins – The Daily Hodl
Altcoin

Crypto Strategist Unveils Bitcoin Path to New All-Time High Next Month, Says Plenty of Liquidity To Trigger Run for Altcoins – The Daily Hodl

29 June 2025
‘Bitmama’ Jailed for $23M Bitcoin Scam That Lasted 60 Days
Altcoin

‘Bitmama’ Jailed for $23M Bitcoin Scam That Lasted 60 Days

28 June 2025
Next Post
German Regulator Orders Stablecoin Issuer Ethena to Cease Operations, Cites MiCA Compliance Breaches

German Regulator Orders Stablecoin Issuer Ethena to Cease Operations, Cites MiCA Compliance Breaches

Bitcoin Vs. Global M2 Money Remains Bullish To Push Price To New ATH Above $100,000 | Bitcoinist.com

Bitcoin Vs. Global M2 Money Remains Bullish To Push Price To New ATH Above $100,000 | Bitcoinist.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

28 June 2025
솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

24 June 2025
$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

16 June 2025
Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

7 June 2025
Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

23 June 2025
Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

28 June 2025
Bitcoin Holds Above $106,000, But Apparent Demand Cools To Negative Levels | Bitcoinist.com

Bitcoin Holds Above $106,000, But Apparent Demand Cools To Negative Levels | Bitcoinist.com

1 July 2025
SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading

SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading

1 July 2025
Is Earning $2,567 Daily Real? A Quick Guide to Mining Bitcoin with MiningToken

Is Earning $2,567 Daily Real? A Quick Guide to Mining Bitcoin with MiningToken

1 July 2025
The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

1 July 2025
Blackrock Powers Bitcoin ETFs to 15th Straight Inflow Day – Markets and Prices Bitcoin News

Blackrock Powers Bitcoin ETFs to 15th Straight Inflow Day – Markets and Prices Bitcoin News

1 July 2025
Kraken Elected as Super Representative on the TRON Network

Kraken Elected as Super Representative on the TRON Network

1 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$105,751.00-1.72%
  • ethereumEthereum(ETH)$2,415.21-3.81%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.17-5.42%
  • binancecoinBNB(BNB)$646.13-2.04%
  • solanaSolana(SOL)$146.58-6.74%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.278746-0.41%
  • dogecoinDogecoin(DOGE)$0.158468-5.18%
  • staked-etherLido Staked Ether(STETH)$2,414.68-3.70%