ZKsync Admin Breach Sparks $5M Token Heist, ZK Token Plummets Over 8%

$5M ZKsync admin breach sends ZK tokens plummeting 8% as hackers exploit unclaimed airdrop reserves. Centralized key management fails spectacularly while user funds remain safe. The DeFi security illusion shatters again.

Bybit’s Bold Exit: NFT and IDO Services Vanish Amidst Billion-Dollar Hack

Bybit abandons NFT and IDO services after a devastating $1.46 billion hack by North Korea’s Lazarus Group. The crypto giant’s strategic retreat leaves users scrambling before the April 2025 deadline.