Zksync Admin Hack Drains $5M—Native ZK Token Plummets 13% in Minutes

On Tuesday, shortly earlier than 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% towards the U.S. greenback to $0.04151 within the wake of the announcement, erasing positive factors with algorithmic swiftness. From Airdrop to Heist: $5M Value of ZK Vanished Matter Labs’ Zksync—an Ethereum layer two […]



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