zkLend shuts down amid exploit fallout and delistings, remaining $200k redirected to users

Lending protocol zkLend stated in a June 25 post on X that it will wind down its operations and direct its remaining $200,000 treasury to a fund for users affected by a February security breach.  The team said the exploit “deeply eroded user confidence” and ZEND’s delisting from Bybit and KuCoin amplified the negative sentiment […]

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