ZKSync Admin Wallet Hacked, $5 Million Stolen

ZKSync Admin Wallet Hacked, $5 Million Stolen

ZK token has fallen by 13.7% over the past 24 hours.

By Oliver Knight | Featured by Sheldon Reback Q15 2025, 2:35 pm Published Apr 15 2025, 2:28 pm Translated by AI

What is known:

• Second-layer blockchain ZKSync reported that an administrator's wallet had been hacked on Tuesday.
• As a result of the attack, the hacker managed to steal ZK tokens worth $5 million.
• Over the past 24 hours, the ZK token has fallen by almost 14%.

On Tuesday, the wallet of the ZKsync blockchain administrator was hacked, resulting in the hacker stealing $5 million worth of ZK tokens.

The stolen funds consisted of “unused tokens left over from the ZKsync airdrop,” the ZKsync team said on Twitter, adding that “necessary security measures are being implemented.”

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The ZK protocol token has fallen nearly 14% in the last 24 hours. Trading volume has increased 96% to $71 million in the same period.

ZKsync stated that the attack was an isolated incident and only affected the token distribution contract.

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