The hacker violated the Administrator’s account of the ZSNYNC on April 15, knocking out unpaid AIRDROP tokens worth $ 5 million, According to For a statement from the official Zksync X account. The attack was described as isolated, without any user funds.
After the investigation of Zskync detailed The incident on April 15, revealing that the endangered account had administrative control over three Airdrop distribution agreements. The attacker used a function called Sweepunclalid () to 111 million missed ZK tokens, increasing the total supply of tokens by 0.45%. From the latest update, the attacker continued to control most of the stolen funds.
Source: Sync
ZSNYNC coordinates recovery efforts with Safety alliance (SEAL). According to the protocol, its management and token contracts have no influence. The company stated that further exploits are not possible through the “confusion ()” vector.
Zskync is the Ethereum Layer-2 protocol, which processes transactions of the main layer in parts using technology called zero knowledge. The Era Zksync platform has $ 57.3 million of total value blocked on April 15, According to To Donnela. Zksync was in the process of convenience of 17.5% of the token supply to the participants of the ecosystem.
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ZK token drops by 7% in 24-hour trade
Zksync token, ZK (ZK), saw an unstable price in the hack and public disclosure of the project on X. Around 13:00 UTC, the token fell by 16%, falling to 0.040 USD, before it affected to 0.047 USD at the time of writing. Despite the reflection of the ZK, it has dropped by 7% in the last 24 hours.
In general, $ 2 billion was lost with cryptographic hacks in the first quarter of 2025, only $ 300 million less than the total lost in 2024.
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