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Hacker mints $5M in ZK tokens after compromising ZKsync admin account

Coin Telegraph LogoCoin Telegraph14h ago

Hacker mints $5M in ZK tokens after compromising ZKsync admin account - Coin Telegraph

Quick Summary:

A hacker compromised a ZKsync admin account on April 15, minting $5 million worth of unclaimed airdrop tokens, according to a statement from the official ZKsync X account.

The attacker exploited a function called sweepUnclaimed() to mint 111 million unclaimed ZK tokens, increasing the total token supply by 0.45%.

Related: DeFi platform KiloEx offers $750K bounty to hackerZK token drops 7% in 24-hour trading ZKsync’s token, ZK (ZK), saw volatile price action in the wake of the hack and the project’s public disclosure on X.

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Article Details

Author / Journalist: Cointelegraph by Christopher Tepedino

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 22:39:41 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 307 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27931261

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 28 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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