Key Points:
Last night, the crypto community was shocked by the news that zkSync was hacked and lost its Twitter account. The project immediately confirmed the incident and said it was investigating the incident. The project recommends that users should not access links related to its Twitter to avoid phishing attacks, one of the common tactics used by hackers.
Earlier this month, this project also experienced network issues. At that time, this blockchain activity tracker – zkSync Era Block Explorer did not generate new blocks for three consecutive hours. The network is back up after a 4-hour hiatus.
zkSync is a name that has been constantly mentioned in recent times. This is a type of layer-2 that uses zero-knowledge proof (ZKP) technology to authenticate data and has a built-in Ethereum Virtual Machine (EVM) to be able to connect directly to the second largest cryptocurrency network.
Developed by the Matter Labs team, this network is trusted and supported by many significant investment funds, with total funding of up to $250 million in two rounds.
At the same time, it is also the first layer-2 to introduce zkEVM under the name zkSync Era and is attracting a large number of users. When Arbitrum announced the airdrop and rekindled the retroactive trend, the community immediately rushed to find and bridge assets to zkSync.
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Miami, Florida, 13th November 2024, Chainwire
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