zkLend shuts down amid exploit fallout and delistings, remaining $200k redirected to users
Lending protocol zkLend stated in a June 25 post on X that it will wind down its operations and direct its remaining $200,000 treasury to a fund for users affected by a February security breach. Th...
Source: CryptoSlate
Lending protocol zkLend stated in a June 25 post on X that it will wind down its operations and direct its remaining $200,000 treasury to a fund for users affected by a February security breach. The team said the exploit “deeply eroded user confidence” and ZEND’s delisting from Bybit and KuCoin amplified the negative sentiment […]