A significant security breach within the ZkSync protocol has resulted in a noticeable decline for the associated token’s value, leading to a notable price drop of around 12%. The incident saw an estimated $5 million worth of tokens stolen after unauthorized access to an administrative account exploited a vulnerability in the airdrop contract. Details about the exploit and its impact on other aspects of the protocol indicate that only the airdrop distribution contract was affected, with no damage reported to other parts. 5 million in lost tokens were extracted during the event. The team asserts that user funds remain secure. The ZkSync security team has successfully restored the protocol’s security, and investigations have been launched into the attacker’s identity. A collaboration between law enforcement authorities and the ZkSync team is underway to recover stolen tokens.