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zkLend Shuts Down After $9.5M Hack—$200K Recovery Fund Launched

zkLend, a decentralized lending protocol built on Starknet, has officially shut down operations following a $9.5 million exploit. The team announced it will use its remaining $200,000 treasury to support affected users through a recovery fund. The decision comes after the delisting of the platform’s native token, ZEND, from major exchanges.How $9.5M Exploit and Delistings […]

The post zkLend Shuts Down After $9.5M Hack—$200K Recovery Fund Launched appeared first on Cryptonews.



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