Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥
Key Takeaways
Free Airdrop Season 7 is LIVE! Answer fun questions or do simple tasks to earn rewards from the $30K BitDegree prize pool. Participate Now ! 🔥
ZKsync, a Layer-2 scaling protocol on Ethereum, has successfully recovered approximately $5 million worth of crypto after the person behind the attack agreed to keep 10% as a reward and return the rest.
The security incident happened on April 15, which targeted a contract used for distributing tokens.
To resolve the situation, ZKsync offered a "safe harbor" option—no legal consequences if the stolen funds were returned within 72 hours. The hacker responded by sending back around $5.7 million in three separate transactions on April 23.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
How to Invest in Crypto: 6 Rewarding Strategies (Animated)
Two of those transactions were made on the ZKsync Era network. One included $2.47 million in ZKsync tokens, while the other carried $1.83 million in ETH
According to blockchain records, the first return took place at 2:39 PM UTC, and the final transfer was made just 13 minutes later—all within the agreed timeframe.
The ZKsync Association shared the update on X, saying, "We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline".
Additionally, ZKsync plans to release a full report explaining how the attack happened, what went wrong, and what steps will be taken to improve security.
On April 21, Bybit CEO Ben Zhou shared new details on X about the February digital asset theft linked to North Korea’s Lazarus Group. What did he say? Read the full story.
To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.