• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

zkLend Protocol Hacked: Team Requests 90% of Funds Back

user avatar

by A1

2 hours ago


Earlier today, the money-market protocol zkLend faced an exploit, pausing withdrawals. The team confirmed the hack in a recent post.

Incident Details

The zkLend protocol was hacked, resulting in a halt of withdrawals. The team announced the incident via social media and began work to resolve the issue.

Message to the Hacker

The team left a message for the hacker via the Eth ZEND token deployer account, urging the hacker to retain 10% of the stolen funds and return the remaining 3,300 ETH. If the hacker complies, the incident will be treated as a whitehat case, with no legal action pursued.

Upon receiving the transfer, we agree to release from any and all liability regarding the attack.

Next Steps

The team set a deadline of February 14, 2024, for the return of the funds. If not met, they will proceed with legal steps. In a recent post, the team stated that they are actively working with various entities to track the hacker and the funds.

The zkLend team is fully committed to resolving the situation, partnering with various organizations and tracking the movement of stolen funds to protect user interests.

0

Share

Other news

Pi Network Set to Launch Open Network Mainnet in 2025

Pi Network to open Mainnet on February 20, 2025, expanding connectivity with external blockchains.

user avatarA1

a few seconds ago

Franklin Templeton Announces Launch of Franklin Solana Trust

Franklin Templeton has registered Franklin Solana Trust in Delaware, joining firms filing for Solana spot ETF.

user avatarA1

a minute ago

Why Investors Are Shifting Focus from Dogecoin and Shiba Inu

Dogecoin and Shiba Inu prices are unstable, prompting investors to seek more reliable alternatives.

user avatarA1

29 minutes ago

World Liberty Financial: 24 Billion WLFI Tokens Sold

World Liberty Financial has sold over 24 billion WLFI tokens, with less than a billion remaining for purchase.

user avatarA1

29 minutes ago

HIVE Digital Technologies Shows Significant Revenue Growth from Bitcoin Mining and HPC Services

HIVE Digital Technologies reported $29.2 million in Q3 2025, driven by Bitcoin mining and HPC services.

user avatarA1

30 minutes ago

Why Zservers Faces International Sanctions

The US, Australia, and UK sanction Zservers for aiding the LockBit cybercrime group.

user avatarA1

30 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.