ZANO
−3.1%Zano exploiter minted 36.9M unauthorized ZANO before blockchain rollback
Image: CointelegraphZano said an attacker exploited its Gateway Address vulnerability to create 36.9 million unauthorized ZANO and FUSD tokens. The first unauthorized mint on Aug. 29 created about 18.4 million ZANO. A second mint on Sept. 25 created another 18.4 million ZANO. The team said the coins functioned like authentic ZANO and could not be separated from legitimate supply. Zano rolled back about one month of blockchain history to remove them. Recovery is running through exchanges and payment services.
Key points
- Zano said an attacker exploited its Gateway Address vulnerability to create 36.9 million unauthorized ZANO.
- The attacker created about 18.4 million ZANO on Aug. 29 and another 18.4 million on Sept. 25.
- Zano said the unauthorized coins functioned as authentic ZANO and could be spent normally.
- The team rolled back about one month of blockchain history to remove the unauthorized supply.
- Zano acknowledged the rollback would hurt community confidence but said it was necessary.
Why it matters
The rollback removed about one month of legitimate blockchain history and affected user balances. Zano is restoring affected balances through exchanges and payment services.
What's unclear
The number of legitimate users or transactions affected by the month-long rollback is not stated.
Price context · ZANO
At publication
$5.60
Now
$5.60
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
Blockonomi
Tier 3
Zano Executes Blockchain Rollback Following Massive Token Minting Exploit
Coverage timeline
- First reported by Cointelegraph
- Confirmed by Blockonomi
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
