🚨 #Zksync Breach: $5M Stolen, $ZK Token Dives 20%
ZKsync confirmed a security breach tied to its airdrop contract, leading to the minting & theft of 111M ZK tokens (~$5M). No user funds were affected.
⚠️ $ZK dropped 20% on the news, now recovering but still down 12%.
🔐 Exploit was isolated; the core protocol remains secure.
🔍 Recovery efforts underway with exchanges & security teams.
ZKsync vows full transparency as the investigation continues.
