ZKSync Assures Users Funds Safe After $5M Token Hack

ZKSync co-founder Alex Gluchowski addressed the recent hacking incident involving an administrator account, emphasizing that the protocol has not experienced any leaks in its code, contracts, or operator keys. This statement comes in response to an unusual minting event of ZK tokens on the ZKSync blockchain, which occurred the previous night. The minted tokens were subsequently being sold off, raising concerns within the community.

The incident involved a stolen administrator account that controlled approximately $5 million worth of ZK tokens. These tokens were part of the remaining unclaimed tokens from the ZKSync airdrop. In an official statement, ZKSync assured users that all necessary security measures were being implemented and that user funds were secure and had never been at risk. The protocol and the ZK token contract remained secure, with no additional ZK tokens at risk. The incident was described as an isolated event triggered by the stolen key, specifically affecting the ZK token airdrop contract.

ZKSync's security team is actively investigating the incident, and detailed updates are expected to be shared later in the day. The co-founders' reassurance aims to alleviate concerns and maintain trust within the community, highlighting the robustness of the protocol's security measures despite the breach.