Zano faces 24-hour rollback after asset issuance flaw
Zano restarted its blockchain from block 3,833,000 after a Gateway Address flaw let unauthorized ZANO and Freedom Dollar enter circulation. The recovery sits just before Hard Fork 6 and removes about one month of chain history, with service providers required to upgrade before transfers resume.
What this rests on
What it means
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Users and service providers on Zano notice the change through the restored chain and the required software upgrade before transfers resume. That means the network is not simply continuing on the same history; the recovered chain starts from block 3,833,000 and leaves out about one month of transactions.
Before this recovery, unauthorized coins could enter circulation through Gateway Addresses, and the response now disables that feature on the recovered chain. What stays in place is the recovery point at block 3,833,000, which sits just before Hard Fork 6 and marks the boundary of the rewritten history.
Market reaction
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
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Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 1.7 years ago | LIBRA incident | $250M |
| 8.5 years ago | Gate · Private key compromised incident | $235M |
| 2.2 years ago | WazirX: India · Signer Phishing incident | $234.9M |
| 1.4 years ago | Cetus incident | $230M |
| 2.2 years ago | WazirX incident | $230M |
4200 incidents stored · 30 were as large as this one or larger ($250M)