Zilliqa Hard Fork Imminent: 10 Exchanges Set for Balance Transfer
The Zilliqa blockchain is set to undergo a hard fork on September 2, 2026, which will transfer ZIL balances from ten centralised exchanges to new wallet addresses. The affected exchanges are KuCoin, Binance.US, MEXC, OKCoin, Bitvavo, Korbit, WhiteBit, Bitrue, CoinSpot, and CoinSwitch.
The hard fork is an administrative measure aimed at correcting exchange balances, not a network upgrade or recovery of stolen funds. The issue arose from a signing flaw in the Zilliqa Ledger app, which was used by exchanges to sign transactions.
A total of 683,130,969.66 ZIL were drained out of 6,772 accounts as a result of the flaw, with 51 accounts being emptied completely. However, it's worth noting that 73.9% of attributable old addresses are safe by construction, as they never signed through the affected app.