Zil EVM

[swogerino]

Long time no posting here for me but yesterday was all time low for ZIL the EVM as the only option available. I tried to swap directly on Atomic Wallet but could not so I decided to deposit to binance exhange to Zil EVM and cash out. As soon as I reached cash out now the ZIL EVM is in suspended state and support told me it will pass when time comes. I saw Binance address and way to many pending in the explorer. What is going on here ?

[OmegaStarScream]

So it looks like the project was exploited and the team switched to become an Ethereum L2[1]. This is what the Binance withdrawal status page is showing:



And based on what I'm seeing on the explorer[2] (the blocks and recent transactions), this is does not look like a binance issue (just like the above status suggests).

And a bit off topic: but a project rebranding after a security incident is usually a good sign to move away from.

[1] https://x.com/zilliqa/status/2118288870060032070
[2] https://viewblock.io/zilliqa

[swogerino]

So it looks like the project was exploited and the team switched to become an Ethereum L2[1]. This is what the Binance withdrawal status page is showing:



And based on what I'm seeing on the explorer[2] (the blocks and recent transactions), this is does not look like a binance issue (just like the above status suggests).

And a bit off topic: but a project rebranding after a security incident is usually a good sign to move away from.

[1] https://x.com/zilliqa/status/2118288870060032070
[2] https://viewblock.io/zilliqa

I read it in Telegram about it now. I have switched to Terra Luna 2.0 with 25% staking although not instant as Zil Evm which is very appealing to me. The hack though was not Zil or Zil Evm itself but some other project that were running in Layer 1 at least this was their announcment in Telegram. I hope Terra Luna 2.0 is not hacked or something as it is a long time I don't follow this part of the forum here.

[RGBTC]

According to Binance's schedule, the ZIL EVM migration process should have been completed.
I think ZIL withdrawals are following the schedule for the reconstruction of Binance's hot wallets in the wake of the hack. Incidentally, ZIL EVM deposits are functioning normally.

https://www.binance.com/en/network >> search for "ZIL"

[swogerino]

I just checked again their address on Zil Evm explorer and they definitely show some transactions pending, mine is there from yesterday together with some others while some new transactions work. I can only wait as the support of Binance told me nothing you and we can do as the transaction is broadcasted on the network. I am in no rush anyway just started again dealing with altcoins so no problem as long as they come after some time.