ZKsync Admin Wallet Hack: $5M in ZK Tokens Stolen

TheCryptoTimesPubblicato 2025-04-15Pubblicato ultima volta 2025-04-15

An estimated $5 million in ZK tokens were stolen on Tuesday when a hacker accessed an admin wallet that was linked to the ZKsync airdrop.

The tokens were all of the unclaimed assets from the airdrop, and the attacker had time to transfer them before the anomaly was noticed.

Zksync Admin Wallet Hack
ZKsync Admin Wallet Hack, Source: X

In a tweet (X), ZKsync, an Ethereum layer-2 blockchain to scale Ethereum with zero-knowledge proofs, reiterated that security is being implemented to mitigate the breach.

ZKsync also said the hack was a contained incident, impacting only the ZK token airdrop contract. It explained that the breach stemmed from a hacked admin key.

Importantly, they assured consumers that the basic ZKsync protocol and the main ZK token smart contract were unaffected, and that all user funds were totally secure.

Zk Token Price Chart
ZK token Price Chart, Source: CoinMarketCap

Following the incident, the price of the ZK token dropped by about 11% in 24 hours.  Meanwhile, trading volume jumped by 143%, reaching $87 million, as traders reacted to the sudden news.

ZKsync indicated that their security team has moved quickly to contain the issue and avoid any further problems. An investigation continues, and the team vowed to post a full update in due course.

Also Read: KiloEx Hacked: Exchange Shuts Down After $7.5 Million Stolen



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Founder of Baixing.com: The Notion That Large Language Models Will Devour Everything, I Believe Half of It

Founder of Baixing.com: I Only Half-Believe the Saying “Large Language Models Will Devour Everything” Author: Wang Jianshuo, Founder of Baixing.com Many proclaim that large models are everything, but the author is skeptical. He argues that such sweeping claims often stem from a limited understanding of the future. Drawing parallels to past technologies like electricity and the internet—which were predicted to “devour everything” but didn’t—he suggests that large language models (LLMs) are better seen as a foundational base. Like electricity, this base is essential for modern development, but its real value emerges only when applied to specific scenarios through various “machines” or “tools” (e.g., Claude Code for programming, Claude Design for design). The author acknowledges that LLMs may indeed replace many existing software systems built on rigid rules, workflows, and forms (e.g., CRMs, SaaS tools), as these are precisely what LLMs excel at processing. However, he emphasizes that beyond software, elements like customer data, execution capabilities (e.g., booking a flight), trust, and physical-world interactions will not be “devoured.” Instead, he foresees that after streamlining existing software, LLMs will open up a larger space for innovative, next-generation applications. These new tools will likely feature fluid interfaces and rely less on fixed rules, unleashing greater creativity. The author cautions against short-sightedness, recalling how in 2004 many believed internet giants like Sina, Sohu, and NetEase would monopolize the market—only to be proven wrong by subsequent disruptions. In conclusion, while LLMs are a crucial foundation and a current focal point, the true mainstream of this wave lies in the diverse applications built atop them to solve concrete problems. The phrase “devour everything” is imprecise; the real opportunity lies in identifying and leveraging the areas where LLMs do bring transformative change.

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Founder of Baixing.com: The Notion That Large Language Models Will Devour Everything, I Believe Half of It

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Founder of Baixing.com: I Only Half Believe in the Notion that Large Language Models Devour Everything

The founder of Baixing Wang states that while large language models (LLMs) are an extremely important foundational technology—akin to electricity or the internet—he only "half believes" the notion that they will "consume everything." He argues that LLMs provide a base layer of intelligence, but real-world value and transformation come from integrating this intelligence into specific applications and devices designed for particular scenarios—like how electricity powers various appliances from washing machines to TVs. He agrees LLMs will likely consume or replace a significant portion of existing rule-based, workflow-driven software (e.g., many SaaS systems, CRMs), as these are precisely what LLMs excel at handling. However, numerous other elements—such as customer data, execution capabilities (e.g., booking a flight), trust, and physical-world interactions—will not be consumed. Wang emphasizes that after LLMs absorb certain software layers, they will open up a much larger space for innovation: new types of "streaming" software with less rigid interfaces, where fixed rules are managed by AI. This next wave of applications built on top of the stable LLM foundation is where the true mainstream opportunity lies. He cautions against the short-sightedness of declaring any technology as all-consuming, drawing parallels to past premature predictions about internet giants monopolizing the web. The key is to find opportunities within the areas LLMs do transform.

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Founder of Baixing.com: I Only Half Believe in the Notion that Large Language Models Devour Everything

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Benvenuto in HTX.com! Abbiamo reso l'acquisto di ZKsync (ZK) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente ZKsyncZK.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva ZKsync (ZK)Dopo aver acquistato ZKsync (ZK), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia ZKsync (ZK)Scambia facilmente ZKsync (ZK) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

201 Totale visualizzazioniPubblicato il 2024.12.13Aggiornato il 2026.06.02

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Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di ZK ZK sono presentate come di seguito.

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