zksync

The dust has settled. The $5 million worth of stolen ZK tokens are (largely) back in ZKSync’s possession. The more fundamental question is not the what – it’s the how, and even more importantly, it’s the why. More specifically, it’s the tale of Aditya Menon, the hacker, and the 10%...

The environment of blockchain technology is quickly evolving. Yet new security vulnerabilities can emerge at a moment’s notice, posing significant threats to projects and their end users. Just last month, ZKSync, one of the leading Layer-2 scaling solutions for Ethereum, suffered a hack that revealed fundamental flaws in its protocol....

ZKSync has done a commendable job in revoking over $5 million in tokens. A smart hacker took a 10% bounty to return the assets they stole. After reporting the hack on March 30, on April 23, the company announced that the hacker had acted in good faith. They did manage...

We're told DeFi is the future. Our picture-perfect utopia A courageous new universe, liberated from the grip of Wall Street and political interference. The latter, a free-for-all digital utopia where you get to own your own assets. But let's be brutally honest with ourselves: the ZKsync hack just ripped the...

Cryptocurrency is under constant cyber attack. Just last week, an exploit against ZKsync sent the whole community into an uproar. In this piece, we’ll explore the ZKsync hack and get to the bottom of what went wrong. We’ll address what it means for the crypto space at large and offer...

On April 15, 2025, ZKsync had an enormous security exploit. This event led to the unauthorized minting of 111 million ZK tokens (at the time, valued at approximately $5 million). The event raised emergency flags all across the incident, users of the entire cryptocurrency community, but particularly interested ZKsync users...

We're sold a dream, aren't we? Decentralized Finance. DeFi. The promise of a new financial world liberated from the caprices of central banks and shadowy corporate paypals. Let's be honest with ourselves: are we truly decentralized, or are we just swapping one set of centralized gatekeepers for another, slicker, more...

Ethereum’s price today is facing the stiffest resistance in recent weeks, just above the $1,700 level, and continuing to climb is no sure thing. The cryptocurrency’s price is currently sitting just over $1,590 on Wednesday after bouncing off some support at $1,449 last week and recovering marginally. This powerful economic...

$5 million gone. 17% price crash. A community in uproar. And another "compromised admin account"? Seriously? As a UK-based, deep editorial expert in the blockchain space, I’ve seen this story play out repeatedly. Truth is, I’m tired of being surprised by the same old left turn.Officially, the ZKSync attack narrative...

The ZKSync airdrop. A promised land of free tokens. In practice, what we received in return was a masterclass in how not to operate a cryptocurrency project. Then the $5 million hack on unclaimed tokens? This isn’t just bad luck, it’s a symptom of a much deeper rot.As a Singaporean,...