Crypto NewsAltcoinAttack Alert for This Altcoin Project: Block Production and Withdrawals Have Been...

Attack Alert for This Altcoin Project: Block Production and Withdrawals Have Been Suspended

A cryptocurrency project reported being hacked today. Here's everything you need to know.

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zkLink announced today that it has taken immediate action on its zkLink Nova network following an attack it detected. The team announced that it has halted block production and temporarily closed withdrawal channels.

According to the initial statement, the attack targeted zkLink Nova Arbitrator contracts on Ethereum and Optimism. It was stated that the technical team intervened to limit the scope of the attack and prevent further losses.

A subsequent update stated that immediate fixes were applied to the affected contracts. It was also explained that the withdrawal channels were shut down to cut off other avenues that attackers could use.

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The team reported that not only the compromised contracts but all related components underwent a comprehensive security review.

zkLink Nova services will not be reactivated until it is confirmed that the risks have been eliminated. The statement did not provide a specific timeline for when services will resume.

This decision directly impacts users in terms of how transactions progress on the network and how assets are moved externally. The team stated that they will share the results of the review with the community.

Today’s official update did not disclose the final total amount of damages.

*This is not investment advice.

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