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ZKSync Admin Wallet Compromised, $5M Stolen
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Oliver Knight
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An admin wallet for layer-2 blockchain ZKsync was compromised on Tuesday with the hacker taking off with $5 million worth of ZK tokens.
The stolen funds were the “remaining unclaimed tokens from the ZKsync airdrop,” ZKsync wrote on Twitter, before saying that “necessary security measures are being taken.”
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The protocol’s ZK token has dropped almost 14% over the past 24 hours. Volume has increased by 96% to $71 million in the same period.
ZKsync said the attack was an isolated incident and that it is confined to the token airdrop contract.
