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ZkLend Hacked! Hacker Offered 10% Bounty to Return Stolen Funds

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By on February 12, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post ZkLend Hacked! Hacker Offered 10% Bounty to Return Stolen Funds appeared first on Coinpedia Fintech News

ZkLend Next generation lending protocol has confirmed a security breach, with an attacker stealing 3,300 ETH. In response, the platform has offered the hacker a deal—keep 10% as a white hat bounty and return the remaining funds to a designated Ethereum address. If the hacker complies, ZkLend has pledged to waive any legal action. The platform has also suspended withdrawals and is collaborating with security experts and law enforcement. The hacker has been given until February 14, 2025, to respond before further legal steps are taken. This announcement was officially verified through ZkLend’s Ethereum ZEND token deployer account.

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