AltcoinBuzzAltcoinBuzz
Subscribe
  • Crypto News
  • Crypto Research
  • Technical Analysis
AltcoinBuzzAltcoinBuzz

An independent digital media outlet delivering crypto research, news, and technical analysis to a community of 600,000+ users.

Follow us on:

Discover

  • Crypto Research
  • Crypto News
  • Technical Analysis
  • Key Opinions
  • Upcoming Launches

Categories

  • Bitcoin BTC
  • RWA
  • Technology
  • Altcoins
  • Regulation

Company

  • Affiliates
  • Partners & Sponsors
  • Careers
  • Contact
  • Terms of Use
  • Subscription Terms
  • About the ALTCOIN BUZZ
  • Privacy Policy
  • Contact ALTCOIN BUZZ
  • Advertise with us

Copyright 2026 ALTCOIN BUZZ. All rights reserved.Something is buzzzzzzzing.
HomeCrypto NewsHacker Steals $5.4M from zkLend—Then Gets Scammed
Crypto News

Hacker Steals $5.4M from zkLend—Then Gets Scammed

A hacker who swiped 2,930 ETH (worth around $5.4 million) from zkLend thought they had made a clean getaway

VVictor•Apr 2, 2025
Hacker Steals $5.4M from zkLend—Then Gets Scammed

But in a twist straight out of a Hollywood heist movie, they lost everything to another scammer just moments later.

zkLend, a lending protocol on Ethereum’s Layer 2 network, recently fell victim to an exploit.

Hacker Falls for a Scam, Loses Stolen $5.4M

A hacker managed to drain 2,930 ETH from the platform, sending shockwaves through the crypto community. The attacker, likely expecting to launder their loot through Tornado Cash, an infamous crypto mixer, was about to learn a hard lesson.

While trying to wash their stolen funds through Tornado Cash, the hacker made a rookie mistake. Instead of visiting the real Tornado Cash site, they landed on a phishing site cleverly disguised as the real deal. Before they could blink, the entire $5.4 million vanished—snatched up by another thief lying in wait. In short, the hunter became the hunted.

Phishing scams are nothing new in crypto. Fraudsters set up fake websites that look identical to real platforms, tricking users into revealing private keys or approving malicious transactions. Once the hacker connected their wallet to the fake Tornado Cash, the phishing site’s operator drained every last ETH. This blunder highlights a bitter reality: Even criminals aren’t safe from cybercrime.

A Heist, a Scam, and a Harsh Lesson in DeFi Security

The original zkLend hackers probably thought they had hit the jackpot, only to get outplayed by someone even more cunning. As the saying goes, “You live by the sword, you die by the sword.”

While most people aren’t out there stealing crypto, there’s a lesson here for everyone: Always double-check URLs, use security tools, and avoid connecting wallets to unknown sites. Scammers don’t discriminate—they’ll take anyone’s money, even from other crooks.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

Related

Coldcard exploiter moves Bitcoin stolen in Wave 3 attacks
Technology
Sep 7, 2026

Coldcard Exploiter Moves 45% of Funds Stolen in Latest Attack Wave

The Coldcard exploiter has moved 45% of the Bitcoin stolen in the third wave of attacks, with Galaxy Research tracking 97.09 BTC already moved through swaps and CoinJoin transactions.

BTC
Anmol Billa
Bitcoin ETF inflows rise as institutional demand returns
Bitcoin BTC
Sep 7, 2026

Spot Bitcoin ETFs Pull In $987 Million as Institutional Demand Recovers

U.S. spot Bitcoin ETFs attracted $986.9 million last week, extending their positive streak to three weeks as institutional demand recovered and BTC held near $80,000.

BTC
Bikash Deka
Bitcoin ETFs attract strong inflows as altcoin ETF demand slows
Bitcoin BTCAltcoins
Sep 7, 2026

Bitcoin ETFs Hold Strong as Ethereum, Solana, and XRP Fund Inflows Cool

Bitcoin ETFs attracted $986.9 million in the week ending September 4, while Ethereum, Solana, XRP and Hyperliquid ETF inflows plunged after a strong late August run.

BTCETH+2 more
Bikash Deka
Lookonchain
Lookonchain
@lookonchain
·Follow

Karma hit fast. Hacker steals 2,930 $ETH($5.4M) from zkLend... then gets phished while using Tornado Cash. All 2,930 $ETH($5.4M) gone — to another thief. etherscan.io/idm?addresses=…

Image
2:58 AM · Apr 1, 2025
1.8K
Reply
Read 203 replies
Edge
Edge
@EdgeWallet
·Follow

A hacker stole $9.5 Million from ZKLend — but what happened next was bizarre. Instead of immediately hunting them down, ZKLend dropped a message: “You may keep 10%, return the rest…or else.” Here’s what happened after: 🧵

Image
1:44 PM · Mar 19, 2025
302
Reply
Read 9 replies