ZKsync said $5 million worth of tokens stolen during an admin wallet hack last week have been returned and the case is …
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Tag:
ZKsync
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Web3
ZKsync Reveals Hack on Airdrop Tokens, Attacker Mints $5M Worth of Unclaimed ZK
by shayaanby shayaanA security incident has shaken the ZKsync layer-2 network: on April 15, a compromised admin account led to the minting of roughly …
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Markets
Ethereum Layer-2 ZKsync Suffers Exploit As $5,000,000 in ZK Tokens Drained
by shayaanby shayaanEthereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK …
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Markets
ZKsync Sunsets Liquidity Rewards Program, Citing Bearish Market Conditions
by shayaanby shayaanLayer-2 network ZKsync has announced that it will be sunsetting the Ignite Program, which rewarded users for providing liquidity, due to bearish …
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Decentralized exchange (DEX) aggregator 1inch Network has expanded its cross-chain swapping capabilities by integrating ZKsync, a layer-2 scaling solution for Ethereum to …
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Analysis
Switzerland’s Largest Bank Tests Tokenized Gold Product on Ethereum Layer-2 ZKsync
by shayaanby shayaanUnion Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution …
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Mountain Protocol has announced the native issuance of its yield-bearing stablecoin USDM on ZKsync Era. The launch enables ZKsync (ZK) users to …
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DeFi
ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains
by shayaanby shayaanThe ZKsync community has approved the ZKsync Ignite Program, which will distribute 325 million ZK tokens to establish a DeFi liquidity hub …