As a result of a security violation, an important attack took place in the ZKSYNC protocol. The attack was stolen about $ 5 million worth of token, with the seizure of an account with management authority. This caused a significant decrease in the token price.
Details of the vulnerability
According to the details of the incident, on April 15 seized the account of the attacker, the Airdrop contract managing the system found an open in the system. The weakness emerged with the abuse of the function “Sweepunclaimed () .. Approximately 111 million AirDrop was created token, which was not requested and was transferred by the person who captured the account.
The token printing of the attacker added a amount of approximately 0.45 %of the total supply. It was reported that the attack only affects the AirDrop distribution contract and other system components were reported to be damaged. No deficit was detected in other smart contracts in the protocol.
The ZKSYNC team said that user funds are not at risk.
All user funds are confident and were not at any risk – ZKSYNC Security Team
The team announced that they have re -established the security of the protocol and token contract. Authorities, additional security measures were taken and the incident is an isolated situation, he added.
In addition, after the attack, the attacker was reported to be identified by the attacker. The team continues to work for the return of tokens lost by cooperating with the relevant organizations. It was reported that the attacker would also be contacted and negotiations will be held for the tokens to be taken back.
Market response and price decrease
After the attack, a sudden decrease in the value of the token observed. After the first explanations, the price decreased by 20 %, and then the in -day summit was drawn to approximately 12 %low levels. The launch of a high amount of token has led to concern among investors. Especially after the OM Coin collapse, investors are much more cautious.
The ZKSYNC team emphasizes that systems other than relevant contracts are intact and remain the temporary effect of market fluctuations. It is stated that the improvement studies of the protocol on general security are continuing.
While the studies on the investigation and rescue process continue, it is important that investors closely follow the developments. The reflection of market movements to the public is tried to be understood by impartial evaluations. In the light of these developments, the steps taken by the relevant stakeholders may be decisive for investors in the future.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
