Otherwise, the protocol stating that legal proceedings will be initiated, cooperates with security companies and law enforcement officers in this process. While the incident arouses a great impact in the defi world, ZKLEnd takes various measures to protect its users.

On February 12, the Starknet -based layer2 money market protocol was announced and officially announced that it was officially hacked. The protocol temporarily stopped all withdrawal transactions after the attack and said that the internal teams investigated the source of the attack. According to the first investigations, the attackers seized Ethereum worth more than $ 9 million.

After the attack, he published a message addressed to the attacker whose identity is not yet identified. The protocol asked the attacker to return 90 %of the stolen funds and offered the attacker to quit 10 %of the funds stolen as “Whitehat Bounty ..

This proposal is a common practice for ethical hackers (Whitehat) and is used with the assumption that the attacker acts in good faith. The desired 90 %refund is worth 3,300 ETH or about $ 8.6 million according to current market prices.

ZKlend, the attacker warned the following: uz We are currently cooperating with security companies and law enforcement officers. February 14, 2025, 00:00 If we do not hear from you until UTC, we will take the necessary steps to follow and judge you. ”

The protocol agreed to withdraw all the charges against the attacker if 90 %of the funds were returned. However, if the attacker does not respond to the specified period, he announced that he would initiate legal proceedings and resort to internationally legal remedies.

After the attack, Zklend announced that he had cooperated with various organizations to trace the stolen funds and detect the attacker. These organizations include Starknet Foundation, Starkware, Zero Shadow, Binance Security team and Hypernative Labs.

Zklend said that they are actively working to identify the identity of the attacker and to get back the stolen funds. In particular, the inclusion of the Binance Security Team is considered as an important step in order to trace the stolen funds and to prevent it from being launched in the stock exchanges.

The first signs on the attack were detected by Certik Alert, specialized in Blockchain security. Certik reported that he had observed more than one attack in the ZKlend market and that the attacker had stealing at least $ 5 million and transferred these funds to the Ethereum network over a certain address.

According to Certik, the attacker distributed among different wallets to make it difficult to monitor the stolen funds.

After the attack, Zklend announced that his users have stopped all withdrawal transactions to protect their assets and that they started to work to increase security measures. The protocol plans to tighten security inspections and increase cooperation with external audit companies in order to prevent similar events in the future.

The community expressed their reactions on social media after the incident. While users question Zklend’s security, some claimed that the platform has not been sufficiently inspected before. On the other hand, the rapid response of the protocol and providing transparent information was welcomed by some users.

Zklend is known as the Starknet -based layer2 money market protocol and allows users to deposit their assets to gain interest. The protocol plays an important role in the defi ecosystem. However, this last attack created serious question marks about the safety of the platform.

According to Defi Llamam data, the total locked value in ZKlend is at the level of $ 1.19 million, while the Starknet Layer2 debt is about 14.6 million dollars. After the attack, the value of locked assets in the protocol has decreased.

This event once again revealed the importance of security in the defi world. It shows that more strict measures should be taken on the security of decentralized financial protocols, the supervision of smart contracts and the protection of user assets. In addition, the Whitehat offers after such attacks question whether the attackers are well -intentioned.

It is eagerly awaited whether Zklend will strengthen security measures and regain the user trust. The next steps of the protocol are not only of users but also the defi ecosystem.