The Zksync Association confirmed the recovery of stolen tokens worth $ 5 million from the Zsksync security incident of 15 April covering the AIRDROP distribution agreement.
The hacker agreed to accept 10% of the prize and return 90% of the remaining stolen tokens, transferring the Zskync security council by almost $ 5.7 million in three transfers on April 23.
“We will be happy to share that the hacker cooperated and returned funds within the term Safe Harbor”, Zskync Association Published until October 23, which was later Again through the ZSNYNC X account.
Matter Labs, a company behind the Zksync protocol, Again Messages made available to X.
ZSNYNC X account has previously confirmed that no user funds were violated.
Hacker sent Two transfers in the Zksync Blockchain era, consisting of $ 2.47 million and Ether (ETH) with $ 1.83 million to the $ 1.83 million tokens to tokens, worth $ 1.83 million to the address.
Another 776 ETH with a value of almost $ 1.4 million was also sent to the address of Ethereum of the Security Council, Etherscan data can be seen.
The first transfer was made on April 23 at 14:39:57 UTC, and the last transfer was made about 13 minutes later-all in a 72-hour window, which ZK Sync initially set up.
The ZSNYNC association said that the company would publish a final report revealing more details from the security incident.
How Hack happened
The hacker violated the Zksync Administrator’s account, enabling them to utilize the Airdrop Distribution Contracted () function of Mint 111 million Unecular ZK tokens, worth around $ 5 million at the time of the attack of April 15.
Hack took place, while Zksync was in the process of dripping 17.5% supply with token ZK to ecosystem participants.
The recovered amount – almost USD 5.7 million – exceeded USD 5 million originally stolen due to the raise in the market value of stolen tokens, with ZK and ETH increased by 16.6% and 8.8% from April 15, respectively, According to For Coingecko data.
Despite the recovery of assets, the ZK token has not increased significantly in the news and has now dropped by 0.2% in the last 24 hours.
The Era Zksync is the Ethereum Layer 2 solution, which uses Zero-Turns for the Party and transaction processing in offchain. It has almost $ 59 million in a total value blocked on its chain and has over $ 2 billion in real assets According to To the reassium and Rwa.xyz.
Warehouse: Ethereum Maxis should become a “asshole” to win the TRADFI tokening race