ZKsync experienced a significant breach on April 15, 2025, when an admin wallet was compromised, resulting in the theft of 111 million tokens. This incident raised questions about the security of governance protocols within the project.
The hack led to a swift market reaction, with ZK token prices dropping between 11-17%. Although the incident affected the token's market value, no user funds or core contracts were compromised.
Experts recommend improving private key management and enhancing governance transparency as measures to prevent future breaches, ultimately restoring community trust.
Full story here: https://coincu.com/332346-zksync-admin-wallet-breach-tokens
