ZKsync has successfully recovered $5 million in hacked tokens, following a cooperation with the hacker after offering a 10% bounty, as announced April 23, 2025, by the ZKsync Association.
The recovery highlights the effectiveness of bounty negotiations in the crypto industry, ensuring asset security and prompt resolution without disrupting the market or user trust.
ZKsync Secures $5M Via Hacked Tokens Bounty
The ZKsync Association announced they regained $5 million from an exploit by negotiating with the hacker. The offer of a 10% bounty facilitated the return of the stolen tokens without user disruption.
“We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline.” — ZKsync Association, Official Statement
Key players Matter Labs and ZKsync Security Council led the efforts to ensure security and asset recovery. This reflects continued dedication to protocol safety and user protection within the ZKsync ecosystem.
Market Unshaken As ZKsync Recovers Assets
The successful recovery negated potential financial losses, with the market experiencing no disruption. Market data from Crypto Dot News indicate a slight increase in ZKsync and Ethereum values post-incident, supporting the regained asset value to approximately $5.7 million, as protocol integrity remained uncompromised during this period.
DeFi Bounties Proving Vital for Security
ZKsync’s exploit parallels past events in DeFi, including bZx and Euler, where vulnerability bounties facilitated asset retrievals. Such incidents highlight the evolving approach to resolving security breaches in digital finance.
Real Coin Central’s updates demonstrate how bounty-driven recoveries preserve user trust and market stability. These events stress the need for robust security strategies, demonstrating how proactive measures can mitigate potential negative outcomes efficiently.
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