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Alexander Zahnd Gives Up Zilliqa CEO Role With No Successor Named as X-Bridge Stays Suspended

Alexander Zahnd Gives Up Zilliqa CEO Role With No Successor Named as X-Bridge Stays Suspended

Photo: Unchained

Zilliqa has lost its second chief executive since April 2025. Alexander Zahnd has stepped down as CEO of the layer-1 blockchain, the project said on X on Oct. 27, as it investigates security incidents that hit X-Bridge, which remains suspended. According to the update, the incidents reached X-Bridge , Zilliqa’s cross-chain bridge, along with ZRC2 proxy contracts that some liquidity pools rely on, PlunderSwap’s among them. Zilliqa listed four affected tokens: zUSDT, SEED, kUSD and Zoge . “Native ZIL and the Zilliqa EVM network are not affected,” it said.

Source: Unchained

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