The zkLend lending protocol on Starknet confirmed it was hacked, losing 3,300 ETH. The team proposed that the hacker return 90% of the funds and keep 10% as a reward, while also committing to waive legal liability if the funds are returned before 7 AM on February 14, 2025. If not, they will take legal action. zkLend is committed to transparency and will publish a detailed report after the investigation.
To address the incident, zkLend temporarily suspended withdrawals and coordinated with security companies like StarkWare and the Binance Security Team to trace the funds. They advise users not to deposit money into the protocol until further notice to prevent widespread losses.
The zkLend hack once again highlights the security risks in DeFi and the importance of preventive measures. The move to offer a reward to the hacker demonstrates an effort to recover assets without legal action, but still leaves the option of prosecution open if an agreement is not reached. In the coming time, the community will closely monitor the hacker's response and how zkLend handles the incident to regain user trust.
330 ETH is not a small amount if received without legal consequences; will the hacker accept this offer?
#zklend $ETH
Thank you for reading this article!
Please like, comment, and follow Cafebit Research to stay updated with the latest news in the cryptocurrency market and not miss any important information!
