The Zkssync Association has confirmed the recovery of $ 5 million worth of stolen tokens from an April 15 April security incident involving the AirDrop distribution contract.
The hacker agreed to accept a 10% wisdom and restore 90% of the remaining stolen tokens, which moved the Zksync Security Council nearly $ 5.7 million throughout the three transfers on April 23.
“We are pleased to share that the hacker cooperated and returned the funds within the safe port deadline,” Zkssync Association Na -Post to X on April 23, which eventually Repost by Zkync’s X account.
Matter Labs, the company behind the Zkssync Protocol, also Repost The news was shared with X.
Earlier confirmed by ZKSYNC X Account No user funds are compromised.
The hacker sent Two shifts to the Zkync Era Blockchain, consisting of $ 2.47 million worth of Zkssync (Zk) tokens and $ 1.83 million worth of ether (Eth) At the Zkync Security Council’s Zkync Era Address.
Another 776 ETH worth nearly $ 1.4 million was also sent to the Ethereum address of their Security Council, Etherscan Data Shut up.
The first move was made on April 23 at 2:39:57 PM UTC at and the last move was made nearly 13 minutes later-all within the 72-hour window first set by ZK Sync.
The Zksync Association said the company will publish a final report that reveals more details from the security incident.
How did the hack happen
The hacker was violated Zkync’s admin account, Allow them to take advantage of the Sweepunclaimed () operation of the AirDrop Distribution Contract with MINT 111 million unacceptable ZK tokens, worth approximately $ 5 million at the time of April 15’s attack.
Hack took place while Zkync was on Airdropping process 17.5% of the ZK token supply to the participants of the ecosystem.
The recovered value – nearly $ 5.7 million – exceeds $ 5 million originally stolen due to increased market value of stolen tokens, including ZK and ETH rising 16.6% and 8.8% respectively since April 15 attacks, According to in coingecko data.
Despite the recovery of the asset, the ZK token has failed to rise significantly in the news and currently dropped 0.2% in the last 24 hours.
ZKSYNC ERA is a Ethereum Layer 2 Solution using a zero-knowled rollup to batch and process offchain transactions. It has about $ 59 million in total amount locked in its chain and has over $ 2 billion in real-world assets onchain, According to In Defillama and Rwa.xyz.
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