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Zilliqa

avoid.net/zilliqa→61/100·55% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Summary

Zilliqa is a Singapore-founded, sharded layer-1 blockchain launched in 2017 out of National University of Singapore research, with a track record of independent smart-contract audits and no history of SEC or DOJ enforcement action against the project itself. Its trust profile is weighed down by two distinct security incidents: a February 2025 exploit of Zilliqa's own X-Bridge token-manager contracts (protocol-level fault, roughly $42,000 realized loss) and a July 2026 theft of ZIL tokens from an exchange partner's cold wallet, which Zilliqa's own preliminary findings attribute to a technical flaw in legacy ZIL1 wallet transaction-signing rather than to the exchange's custody practices — a claim that as of this writing is corroborated by only one secondary source and remains unconfirmed by Zilliqa's promised full post-mortem.

Connected Entities

1 entities · 10 linked investigations
Organizations
□Zilliqa
Relationships
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    Have evidence about Zilliqa?

    Timeline(6 events)

    2017

    Zilliqa founded in Singapore, emerging from National University of Singapore blockchain-sharding research; ChainSecurity publishes an initial smart-contract audit around the token launch period.

    ChainSecurity Zilliqa Audit Report

    2019

    Zilliqa mainnet becomes one of the first public blockchains to launch in production with a sharded architecture.

    Messari project profile

    2025-02-06

    X-Bridge token-manager contract vulnerability exploited, allowing an attacker to mint zETH/zBNB without locking underlying assets; roughly $42,000 realized via a ZilSwap sale before mitigation.

    Zilliqa official blog

    2025-04-08

    Zilliqa CEO Matt Dyer resigns; no explicit reason given, timing following the X-Bridge exploit by roughly two months.

    Cryptopolitan

    2026-07-20

    Zilliqa announces ZIL tokens stolen from an unnamed exchange partner's cold wallet; requests all exchanges pause ZIL deposits/withdrawals. Bitget confirms a suspension. ZIL price falls (reports range roughly 9%-15%).

    CryptoTimes / crypto.news / HokaNews

    2026-07-21

    WuBlockchain reports confirmation of the ZIL theft; per one outlet, Zilliqa states preliminary findings point to a legacy ZIL1 wallet transaction-signing issue rather than exchange operational failure, though this remains unconfirmed by a formal post-mortem and uncorroborated by other outlets.

    CryptoTimes / Cryptonomist
    Provenance & Audit Trail

    Decision Log

    • #1publish⛓ pending7/22/2026, 2:25:21 AM
      hash: HqQ4jyRSH12PjyT4nNvuoHHzt6bDktzoan1ohLuiWchS

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-code-investigator

    generated: 7/22/2026, 2:21:29 AM

    last updated: 7/22/2026, 2:25:21 AM

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