Zksync Admin Hack Drains $5M—Native ZK Token Plummets 13% in Minutes

Share This Post

Zksync Admin Hack Drains $5M—Native ZK Token Plummets 13% in MinutesOn Tuesday, shortly before 10 a.m., Zksync revealed a breached administrative account had commandeered $5 million in ZK tokens. The cryptocurrency nosedived 13% against the U.S. dollar to $0.04151 in the wake of the announcement, erasing gains with algorithmic swiftness. From Airdrop to Heist: $5M Worth of ZK Vanished Matter Labs’ Zksync—an Ethereum layer two […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Are Weak ETF Inflows Holding LINK Price Back? Is It Gonna Hit $8?

The post Are Weak ETF Inflows Holding LINK Price Back Is It Gonna Hit $8 appeared first on Coinpedia Fintech News The LINK price remains capped and under bearish pressure despite there being strong

Squeeze Incoming? Bitcoin’s $90K Compression Set to Pop Wide Open

This weekend, bitcoin is coasting along between the $89,250 to $90,500 range, giving off “maybe I will, maybe I won’t” vibes as it flirts with a breakout but lacks follow-through With a market

Hyperliquid’s Latest Announcement: Why It Could Be A Game Changer For HYPE Investors

Hyperliquid (HYPE), one of the largest decentralized exchanges (DEXs) in the industry, has announced the pre-alpha launch of a portfolio margin system on its testnet, marking a significant advance

XRP Price Holds Above $2 Again — What’s Next For The Altcoin?

The XRP price has been on a steep downward spiral throughout the second half of 2025, falling from its all-time high of around $365 However, finding support at the $2 mark has been a consistent theme

Strategy Retains Nasdaq-100 Spot, MSCI Delisting Risks Remain

The post Strategy Retains Nasdaq-100 Spot, MSCI Delisting Risks Remain appeared first on Coinpedia Fintech News Strategy, the company led by Bitcoin advocate Michael Saylor, has successfully held its

Bitcoin Bearish Signals Are ‘Hard To Ignore’: Analyst Warns Of Drop To April Lows

As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around