Security· ★★★· bearish·

Zilliqa hack probe continues as CEO Alexander Zahnd resigns

  • —X-Bridge remains paused; users told to avoid the bridge and affected pools
  • —Affected tokens include zUSDT, SEED, kUSD and Zoge in PlunderSwap pools
  • —Zilliqa is rotating all operational keys and working with exchanges and law enforcement
  • —The board assumed oversight with support from external security and governance advisers
Why it matters: The CEO exit and bridge shutdown heighten uncertainty for ZIL holders and users of Zilliqa DeFi pools.
Source: PANews