Zano Network Suffers $250M Exploit, Rolls Back Transactions

• •Zano network faced a $250 million exploit due to a code error in transaction verification.
• •The attacker minted 36.89 million fake $ZANO tokens and $18.45 million fUSD.
• •The network rolled back transactions by one month to mitigate the impact of the exploit.

The Zano network experienced a significant exploit resulting in the minting of over $250 million in fake assets, including 36.89 million $ZANO tokens and $18.45 million fUSD. The attack occurred during late August and September 2026, exploiting a code error that allowed the attacker to bypass transaction verification. The inflation of the asset supply was substantial, with $ZANO tokens increasing by 240% and fUSD by 153%. In response, the Zano team decided to roll back the network by one month to erase the exploit's impact. The rollback has been executed, and the network is reportedly stable. However, the price of $ZANO has dropped to around $5, indicating investor uncertainty following the incident. The exploit highlights challenges in tracing transactions on privacy-focused networks, as the fake assets were indistinguishable from legitimate ones.