Vitalik Buterin publicly acknowledged Railgun for its role in blocking an attempt to launder funds from a $9.5 million zkLend exploit

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Vitalik Buterin publicly acknowledged Railgun for its role in blocking an attempt to launder funds from a $9.5 million zkLend exploit

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12:00am, Thursday, February 13, 2025

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Vitalik Buterin, Ethereum cofounder, has dropped a notable reaction to the recent $9.5 million exploit that zkLend suffered on the Starknet network. Buterin's update also shared insights into the workings of Railgun, a mechanism meant to address concerns about criminal activities in Web3.

Ethereum’s founder Vitalik Buterin supported Railgun as the solution that combines confidentiality and anti-fraud screening. Buterin suggested that the mixer can pre-screen transactions, after the protocol intercepted funds that originated from the recent ZKLend hack on Starknet.

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Week 08 of 2025

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Crypto news