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Image Credit: Cryptopotato

zkLend Exploited for $4.9M in ETH, Team Appeals to Hacker with 10% Offer

  • zkLend, a decentralized finance lending protocol on Starknet, lost approximately 3,700 ETH ($4.9 million) in a security breach.
  • Withdrawals on zkLend have been paused, and the team is investigating the incident.
  • zkLend has sought help from several organizations to track the hacker and recover the stolen funds.
  • In an attempt to recover the funds, zkLend offered a 10% whitehat bounty to the hacker, which ends on Valentine's Day.

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