
Zano Reveals 30-Day Blockchain Rewind After $200M in Illicit Tokens Minted
- —A Gateway Addresses flaw introduced in Hard Fork 6 allowed 18.4 million ZANO to be minted in one transaction
- —A second 18.4 million ZANO mint and a matching fUSD exploit pushed illicit tokens above $200 million
- —The trail touched 117,941 outputs across 65,301 transactions, about 71% of network activity in the period
- —The chain was rewound to block 3,833,000, with balances restored from the development fund and team money
Why it matters: The incident shows privacy features can prevent separating counterfeit coins from legitimate ones, while a 30-day rewind damages trust in the network and exchanges.
Source: Bitcoin.com