Summary: A critical security flaw in zkLend’s smart contracts was exploited, leading to the theft of 3,600 Bitcoin worth .5 million. The vulnerability is attributed solely to zkLend, and the platform has offered a bounty for the return of the stolen funds while warning of potential legal actions. As of now, the hackers have not responded to these demands.
Affected: zkLend, a decentralized cryptocurrency lending platform
Keypoints :
- Hackers exploited a vulnerability in zkLend’s smart contracts, resulting in a significant crypto theft.
- zkLend is attempting to recover the funds by offering a 10% reward to the hackers for the return of the stolen assets.
- The deadline for the return of funds has been set for February 14, 2025, with threats of legal action if the hackers do not comply.
Source: https://securityonline.info/zklend-hacked-9-5-million-in-bitcoin-stolen/