Zano Says Over $200M in Illicit Tokens Led to 30-Day Blockchain Rewind

Crypto Insight Summary: Zano has disclosed the bug that forced its extraordinary 30-day blockchain rewind in a recent postmortem. An attacker exploited a missing verification in Gateway Addresses to mint roughly 18.4 million ZANO in a single transaction, then repeated the trick and did the same with fUSD. The first exploit sat unnoticed for nearly a month, while […] Crypto Insight Analysis: Direction: Bearish ZANO Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Blockchain rewind and exploit damage trust and liquidity.