Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, has publicly addressed a recent security incident that raised concerns within the crypto community.
In a statement shared on social media, Gluchowski reassured users that the breach did not involve any leakage of source code, smart contracts, or private operator keys.
He emphasized the strength of ZKsync’s security framework, particularly its “Endgame” architecture, which he credits for maintaining the system’s integrity.
The founder also confirmed that an internal investigation was launched immediately after community members raised the alarm, with a commitment to complete transparency once the analysis and remediation efforts conclude.
Airdrop Admin Account Identified as Source of Compromise
Further investigation revealed that the compromised element in the incident was an external admin account associated with three airdrop distribution contracts.
ZKsync’s official update disclosed the affected address as 0x842…5587D, clarifying that it was not part of the core protocol infrastructure.
The breach highlights the importance of securing third-party administrative access, even when the primary protocol remains unaffected.
The team is continuing to analyze how the account was compromised and what mitigation strategies can be implemented to prevent similar incidents in the future.
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Gluchowski Reaffirms Legal and Ethical Commitments to Stakeholders
In his statement, Gluchowski underlined ZKsync’s unwavering commitment to its stakeholders, including investors, partners, and community members.
Despite broader market pressure on Layer 2 projects, he noted that ZKsync has remained relatively stable throughout the turbulence.
However, he stressed that legal and ethical responsibilities remain in full force regardless of market conditions.
His tone conveyed a blend of accountability and resilience, promising that no aspect of the incident will be hidden, and every relevant detail will be disclosed following the ongoing internal investigation.
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Community Engagement and Transparency Set the Tone for Recovery
As part of the platform’s transparent approach, Gluchowski has invited users to ask questions directly via social media, promising honest and informed responses.
The open-door policy has been well-received, especially in an environment where user trust is paramount.
The ZKsync team’s swift response and willingness to disclose the identity of the compromised account demonstrate a proactive stance toward accountability.
Once the full investigation is completed, the release of a detailed incident report is expected to strengthen community confidence and reinforce ZKsync’s reputation as a security-first Layer 2 scaling solution.
Other Developments Signal ZKsync’s Growing Adoption and Risks
While the platform addresses the recent incident, ZKsync continues to expand its footprint.
Swiss banking giant UBS has revealed successful testing of its UBS Key4 Gold product on Ethereum’s ZKsync Layer 2 network.
The new development marks a significant institutional interest in the protocol, especially in terms of leveraging blockchain’s scalability and privacy features.
However, not all developments have been positive, Wombat Exchange recently flagged security risks related to an unauthorized fork of the Velocore Protocol on ZKsync.
These divergent updates reflect both the opportunities and challenges facing ZKsync: rapid adoption on one side, and the constant need for vigilant security oversight on the other.
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