Zilliqa
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 46 → 65. Problems weighed by who is responsible: incidents the subject suffered −15.2, problems around the subject, caused by others −0.3; legitimacy credit long-running +10; a recent unresolved incident −4.9; fact-check adjustments (−15) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Incidents it suffered (e.g. hacks) | -15.2 |
| Problems around it, caused by others | -0.3 |
| Long-running | +10 |
| Recent unresolved incident | -4.9 |
| Sum | 55 |
Score: 65/100 (kept between 0 and 100)
How scoring works →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
3 entities · 60 linked investigations- Zilliqa→mentioned with→Ethereum(60%)
- Zilliqa→mentioned with→Bitget(65%)
1 submission awaiting moderator review.
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 Report2019
Zilliqa mainnet becomes one of the first public blockchains to launch in production with a sharded architecture.
Messari project profile6 February 2025
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 blog8 April 2025
Zilliqa CEO Matt Dyer resigns; no explicit reason given, timing following the X-Bridge exploit by roughly two months.
Cryptopolitan20 July 2026
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 / HokaNews21 July 2026
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 / CryptonomistDecision Log
- slot 457760368 · hash 9EYDVsVtweicpktinULjF2pdQF1Vc4R1aDcwNGWJqk2X
- slot 457750313 · hash GhViCZbPyhEnKbD9j3iNhW7M3QEXqqQBivbjd5ETJnZF
- slot 455367442 · hash 4oyBS74PaNWEDCRpmbs6kxVG84k8H6YLS1ymEWEjZRKd
- slot 443520627 · hash dy1A4xBsayszpp9DSsc2NXGQfsuJrPP5n4EoWidLWaA
- slot 443520624 · hash FAHMmWPWqukb4SH3FiJYMXufgrrvEb9MPUaXCyEJGDG5
- slot 443501120 · hash HqQ4jyRSH12PjyT4nNvuoHHzt6bDktzoan1ohLuiWchS
This investigation is cryptographically anchored to the Solana blockchain (6 decisions). 14 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 7/22/2026, 2:21:29 AM
last updated: 10/10/2026, 6:47:27 PM
5 viewsavoid.net — verified advice for a post-truth world