Refreshed 1h ago· updates every 6h

Hinkal (2026) — Crypto Hack

Exploited
Jul 1, 2026·
Ethereum
Amount Stolen
$820K
~$820K USDC; 410 ETH via Tornado Cash + 44.7 ETH bridged to BTC via THORChain
Recovered
$0

Attacker skipped Hinkal's zk verification with a 'Proofless Deposit' bug that bypassed ZK verification, draining ~$820K in USDC on Ethereum.

Summary

Attacker skipped Hinkal's zk verification with a 'Proofless Deposit' bug that bypassed ZK verification, draining ~$820K in USDC on Ethereum.

How It Was Compromised — ZK via Proofless Deposit Bug / ZK Verification Bypass

ZKProofless Deposit Bug / ZK Verification Bypass

On July 1, 2026, an attacker skipped Hinkal's zk verification with a 'Proofless Deposit' bug that bypassed ZK verification, draining approximately $820K in USDC on Ethereum. The attacker laundered 410 ETH via Tornado Cash plus 44.7 ETH bridged to Bitcoin over THORChain.

Fund Flow & Laundering Analysis

Laundered 410 ETH via Tornado Cash plus 44.7 ETH bridged to Bitcoin over THORChain. No recovery reported at time of writing.

Related Incidents

For educational and transparency purposes only. Not financial advice. Data compiled from public sources and may contain approximations.