On May 13, the official X (Twitter) account of the ZKsync layer 2 Ethereum network and its developer Matter Labs was hacked. The intruder posted false information that the platform was under investigation by the US Securities and Exchange Commission (SEC), and attached fake airdrop links to scam users.
The fake information appeared to be intended to cause panic in the community and reduce the value of the ZKsync (ZK) token, causing the token price to drop by about 6.4% in 24 hours, currently trading at around $0.070, according to data from CoinGecko.
ZKsync quickly confirmed the incident and warned users not to interact with malicious content. Lynnette Nolan, head of communications at Matter Labs, said the post has been deleted and the account has been restored to the team. The initial cause is believed to be compromised third-party accounts.
This is the second attack on ZKsync in just over a month. Previously, on April 15, a hacker exploited ZKsync's airdrop smart contract to mint 111 million tokens worth about $5 million. The hacker then returned 90% of the stolen tokens and kept 10% as a bounty.
This incident continues to raise concerns about security in the Web3 ecosystem and raises higher requirements for social media account control, especially for influential platforms like ZKsync.