zkLend Winds Down Operations After $9.5 Million Exploit

TL;DR zkLend officially shut down after losing $9. 5 million in a hack and seeing its ZEND token delisted from exchanges like Bybit and KuCoin. The protocol will allocate its remaining $200,000 treasury to a recovery fund for affected users and open-source its audited code for the DeFi community. The hacker lost $5. 4 million after sending. . . source: https://crypto-economy.com/zklend-winds-down-operations-after-9-5-million-exploit/