Hackers stealing$ 5 million in currencies from ZKsync, the Ethereum scaling system, are targeting.

About$ 5 million in native ZK crypto was stolen by hackers using” a compromised” administrative account that allowed them to control unclaimed tokens from a recent airdrop, according to the project’s statement on Tuesday. &nbsp,

The native ZK gift for the project dropped on the news, falling to nearly$ 0, according to CoinGecko, a blockchain data provider. The token has since recovered slightly, and it is currently trading for close to$ 0.05, down 8 % over the past 24 hours. &nbsp,

ZKsync is one of many “layer-2s “—blockchains that uses the Ethereum blockchain system to increase rate. To reduce fees, these sites use the mainnet. &nbsp,

All users funds are healthy and have never been in danger, ZKsync stated on X on Tuesday. No more ZK is in danger because the ZKsync protocol and ZK key contract remained safe.

Additionally, it added that hackers could use the technology behind the airstrike project to create new ZK currencies. Would-be investors who show involvement in an upcoming job are given tokens in tokens in the crypto world. &nbsp,

This is an isolated occurrence that is restricted to the ZK Token resupply contract, according to ZKsync. A thorough update may be shared after today as the investigation is ongoing.

ZKsync did not respond to ‘s inquiries right away. &nbsp,

Hacks in the blockchain space are common, particularly in the fragmented applications space that are moving quickly. Use script to automate steps like borrowing and using digital tokens and coins to make money with online currency. These apps are frequently built on Ethereum. &nbsp,

After stealing$ 1.4 billion from the biggest unified crypto exchange Bybit in February, the biggest crypto exploit of all time, hackers have already made a profit this year. Decentralized markets offered a large portion of those resources.

Hackers stole nearly$ 1.6 billion in crypto in the first two months of 2025, according to blockchain security firm Immunefi, which isn’t too far off of the$ 2.2 billion total from last year. &nbsp,

Decentralized techniques were used in several incidents before, but hackers started pursuing centralized exchanges last year as well. &nbsp,