Vitalik Buterin publicly acknowledged Railgun for its role in blocking an attempt to launder funds from a $9.5 million zkLend exploit

News event
Claim

Event date

Feb 13, 2025 - 12:00am

Quotes that support claims

Vitalik Buterin, Ethereum cofounder, has dropped a notable reaction to the recent $9.5 million exploit that zkLend suffered on the Starknet network. Buterin's update also shared insights into the workings of Railgun, a mechanism meant to address concerns about criminal activities in Web3.
Ethereum’s founder Vitalik Buterin supported Railgun as the solution that combines confidentiality and anti-fraud screening. Buterin suggested that the mixer can pre-screen transactions, after the protocol intercepted funds that originated from the recent ZKLend hack on Starknet.

Tags

02/13/2025
Week 08 of 2025
Top

Referenced by

Summary

Crypto news

Data block