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 source: https://cryptonews.com/news/zklend-shuts-down-200k-recovery-fund-users/