On April 15, a hacker jeopardized a ZKKSYNC admin account that, in line with a press release by the official ZKSync X -Kontos, doesn’t use airdrop token price 5 million US dollars. The attack was described as isolated without user money being affected.
After an investigation, ZKSync explained the incident on April 15 and announced that the compromised account had the executive control over three Airdrop distribution contracts. The attacker used a function called Sweepuncaled () with 111 million non -claimed ZK tokens, which increased the overall -token offer by 0.45%. To the most recent update, the attacker still had control over most stolen funds.
Source: ZKSync
ZKSync coordinates the restoration efforts with Security Alliance (SEAL). After the protocol, his governance and token contracts should not affected. The company stated that no further heroic deeds are possible through the vector “Sweepuncaled ()”.
ZKSync is an Ethereum Layer-2 protocol that processes foremost shift transactions in stacks using a technology called Zero-Knowledge-Rollups. According to Defillama, the ZKSync ERA platform has a complete value of 57.3 million dollars. ZKSync was within the technique of ventilating 17.5% of the token supply to ecosystem participants.
ZK-token drops by 7% in 24-hour trade
ZKSYNCS TOKEN, ZK (ZK), saw volatile price campaign after the hack and the general public disclosure of the project to X. At around 1:00 p.m. UTC, the token fell by 16%and fell to USD 0.040 before it fell back to $ 0.047 on the time of writing. Despite the jump, ZK has dropped by 7% within the last 24 hours.
In total, 2 billion US dollars of crypto hacks were lost in the primary quarter of 2025, only 300 million US dollars lower than the overall loss in 2024.
