Crypto News
Zano Says Over $200M in Illicit Tokens Led to 30-Day Blockchain Rewind
The Zano team has disclosed the bug that yielded over $200 million in illicit tokens—and forced its extraordinary 30-day blockchain rewind.
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Zano (ZANO) is a privacy-focused cryptocurrency designed for secure, private, and decentralized digital commerce and communication. Built on its proprietary blockchain, Zano leverages a hybrid proof-of-work and proof-of-stake consensus mechanism to offer scalable, energy-efficient, and private transactions. Zano's advanced technology ensures user confidentiality while enabling seamless online transactions. As privacy becomes increasingly vital in the digital age, Zano serves as a reliable solution for secure digital commerce and communication.
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The Zano team has disclosed the bug that yielded over $200 million in illicit tokens—and forced its extraordinary 30-day blockchain rewind.
Zano stabilizes its network after a 30-day blockchain rollback, while ZANO sheds 32% and user recovery plans remain pending.
Zano has rolled back to block height 3,833,000 to combat unauthorized token issuance and erase a month of history.
Zano plans to erase roughly 24 hours of blockchain history after discovering an inflation bug tied to Gateway Addresses.
Zano’s Zenith upgrade targets 15-second blocks, private staking and lower ZANO issuance in a planned 2027 shift.
Zano confirms block 3,833,000 for Hard Fork 6 activation, expected Aug. 25-27, unlocking DeFi access and exchange listings.