The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
zkLend, a lending protocol on Starknet, is winding down operations after a $9.5 million exploit and subsequent delistings eroded user confidence. The remaining $200,000 treasury will be redirected to a fund for affected users.
- zkLend’s shutdown stems from a $9.5M exploit and exchange delistings, crippling liquidity.
- The attacker lost 2,930 ETH to a phishing site, leaving users without recovered funds.
- The protocol will open-source its codebase and maintain recovery portals for affected users.
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