zkLend loses $9.5M in crypto heist, asks hacker to return 90%

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zkLend loses $9.5M in crypto heist, asks hacker to return 90%

Decentralized money lender zkLend suffered a breach where threat actors exploited a smart contract flaw to steal 3,600 Ethereum, worth $9.5 million at the time.

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ZkLend hack sees $9.5M exploit, offers hacker 10% bounty for return

The iBulletin

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zkLend Suffers $9.5M Crypto Heist After Smart Contract Exploit - The iBulletin

A major security breach has shaken decentralized lending platform zkLend, with hackers siphoning off 3,600 Ethereum (ETH), worth approximately $9.5 million, after exploiting a flaw in its smart contract. The attack, which unfolded on Tuesday afternoon, is yet another reminder of the vulnerabilities lurking within the DeFi ecosystem. How the Hack Unfolded zkLend, a decentralized money-market protocol built on Starknet, a Layer 2 Ethereum scaling …

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zkLend loses $9.5 million in cryptocurrency theft, asks hackers to return 90%

This article mainly introduces the causes and solutions of network error code 521. This error is usually caused by Cloudflare and means that the server is temporarily unable to process the request. Common causes include server overload or configuration problems. Solutions include checking server status, optimizing configuration, or contacting technical support to restore normal service.

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zkLend TVL Tumbles 90% to $1M Following $9.5M Exploit

zkLend, a leading lending protocol on Starknet, suffered a 90% in total value locked (TVL) on February 12, as per DefiLlama. The TVL plummeted from nearly $12 million on Tuesday to the current level of $1.1 million. It is the worst performer among dapps with at least $10,000 in TVL. The sudden decline in TVL is the result of the recent exploit, as hackers drained about $9.5 million worth of crypto. Shortly after the incident, zkLend paused all w…

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DeFi Lending Platform zkLend Drained of $9.5 Million in Exploit

Blockchain security firm Cyvers confirmed the stolen funds were initially bridged to Ethereum and funneled through the privacy protocol Railgun.