Big news is circulating in the ZKsync ecosystem following a crucial community vote. The zero-knowledge rollup project, ZKsync, has received community approval for a significant proposal. This decision authorizes the ZKsync Security Council to take ETH that was successfully retrieved after the April exploit involving unclaimed airdrop tokens and convert it into ZK tokens. This […]
The world of cryptocurrency trading is often subject to dynamic changes, and recent news from South Korea highlights this reality for holders of the ZKsync ZK token. A significant development has emerged from one of the country’s major trading platforms, Bithumb, regarding the status of the ZK token. What Does Bithumb’s ZKsync ZK Monitoring Mean? […]
The world of cryptocurrency often moves fast, and sometimes that speed includes unexpected security challenges. Recently, the ZKsync community experienced a brief moment of alarm when the official ZKsync X account showed signs of compromise. However, the team acted swiftly, and control has now been fully restored. What Happened with the ZKsync X Account? According […]
A recent event involving the ZKsync protocol has captured significant attention within the crypto community. The team behind the Ethereum scaling solution briefly posted, then quickly removed, a statement suggesting it was under a US regulatory investigation. This action has sparked discussions and concerns regarding the project’s status and the broader landscape of crypto regulation. […]
The world of Ethereum scaling just got hit with some serious news. ZKsync, a prominent player in the Layer 2 space utilizing zkEVM technology, has confirmed it’s under the microscope of U.S. authorities. This isn’t just a minor check-up; we’re talking about investigations by heavy hitters like the Department of the Treasury and the Securities […]
Big news from the world of Ethereum Layer 2 scaling! ZKsync (ZK), a prominent zero-knowledge rollup solution, recently announced a significant milestone: achieving full EVM equivalence. This development marks a crucial step forward for ZKsync and the broader Ethereum ecosystem, promising a much smoother experience for developers looking to build and deploy applications. What is […]
ZKsync is making headlines again, this time with a proactive plan regarding **recovered ETH**. Following a confirmed incident, the team is outlining steps to handle assets retrieved, signaling a move towards resolution and community involvement. What’s Happening with the **Recovered ETH**? According to ZKsync’s official incident report, the ZKsync Association, in collaboration with the **Security […]
Great news for the crypto community, especially those following ZKsync! The team behind the ZKsync project has successfully recovered a significant amount of funds previously lost to a security incident. This positive development highlights the ongoing efforts within the blockchain space to combat threats and protect digital assets. The recovery was confirmed by blockchain security […]
The blockchain world is buzzing with news of a significant legal challenge. A new Matter Labs lawsuit has been filed, bringing allegations of intellectual property infringement against the developer behind the prominent ZKSync scaling solution. Understanding the BANKEX Lawsuit Against Matter Labs At the heart of this legal challenge is a claim brought by BANKEX, […]
Breaking news for ZKsync (ZK) holders! Major South Korean crypto exchanges, Bithumb and Coinone, have just announced a significant update that could impact your investments. In a move that has sent ripples through the crypto community, both exchanges have designated ZKsync (ZK) as a ‘closely monitored asset.’ This decision, stemming from the Digital Asset eXchange […]
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