cyrpto demands, hack, loses, return, Starknets, zkLend Mark February 12, 2025 0 Comments

Starknet’s zkLend loses over $8m in hack, demands return

Zklend has lost more than $ 9 million in Ethereum in a hack. The protocol requires that the pirate return to be 90% of stolen funds or faces legal consequences.

February 12, Net-Stad -based monetary marketprotocol pirate. The protocol said that its internal team is currently investigating the deep cause of the feat. Meanwhile, all the withdrawals of the protocol have been interrupted until further notice. The hack has led to a loss of more than $ 9 million from Ethereum (Ethn).

In a recent job Address to the pirate, whose identity remains unknown, Zklend said that it will allow the pirate to keep 10% of stolen funds as “Bounty Whitehat”. However, the protocol asked the pirate to return 90% of stolen funds, which is equal to 3,300 ETH or 8.6 million dollars according to current Market price.

“We are working with security companies and police at this stage. If we do not hear you at 00:00 UTC, February 14, 2025, we will proceed with the next steps to follow you and continue you. Said Zklend.

Pirate:

We understand that you are responsible for today’s attack on Zklend. You can keep 10% of funds as Bounty Whitehat and return the remaining 90%, or 3,300 ETH to be exact, at this Ethereum address: 0xcf31e1b97790afd681723FA1398C5EAD9F698C.

On… pic.twitter.com/pievpdhzd4

– Zklend (@zklend) February 12, 2025

Once 90% of the funds have been returned, the Starknet (StruckThe protocol based on) agreed to release the hacker from all the charges concerning the attack. If the pirate does not respond to the deadline, the protocol said he would take legal action to “follow and continue” the attacker.

In a separate jobThe protocol said he was actively following the funds and worked to identify the pirate by collaborating with other entities, including Starknet Foundation, Starkware, Zero Shadow, Binance Safety team and hypernative laboratories.

Earlier in the day, Certik Alert detected Several attack transactions occurring on the Zklend market. The account said that the attacker had stolen at least $ 5 million and had in easerum through an address specified.

According to data From Defi Llama, Zklend has a total value locked in the amount of $ 1.19 million, with around $ 14.6 million in funds borrowed from Starknet Layer2.