Zipcoin Plans Shutdown After Team Reports Codebase Breach
Photo: TokenPost
Zipcoin plans to wind down after its team said an intrusion exposed credentials and private keys for project wallets and infrastructure, as the Zipcoin (ZC) token fell 89.42% over 24 hours. The team said Railway notified it on Oct. 21 that the entire codebase had been compromised. The codebase contained credentials and private keys that could give an attacker access to controls for project wallets and infrastructure. Attempts to migrate the project or rotate credentials did not produce a secure way to continue operating, the team said. Wallets that remain accessible to the team hold 2.2% of ZC's total supply.
Source: TokenPost
