Ethereum News

ZKsync Makes Strategic Move: Converts Exploit ETH to ZK Tokens

Big news is circulating in the ZKsync ecosystem following a crucial community vote. The zero-knowledge rollup project, ZKsync, has received community approval for a significant proposal. This decision authorizes the ZKsync Security Council to take ETH that was successfully retrieved after the April exploit involving unclaimed airdrop tokens and convert it into ZK tokens. This […]

Blockchain News

ZKsync: Bold Move to Swap Recovered ETH for ZK Tokens After Airdrop Exploit

ZKsync is making headlines again, this time with a proactive plan regarding **recovered ETH**. Following a confirmed incident, the team is outlining steps to handle assets retrieved, signaling a move towards resolution and community involvement. What’s Happening with the **Recovered ETH**? According to ZKsync’s official incident report, the ZKsync Association, in collaboration with the **Security […]