Treasure DAO is set to vote on a proposal that could move its Web3 gaming ecosystem from Arbitrum to ZKsync. The vote, scheduled to begin on September 17, will determine if the DAO should approve this migration. The proposal suggests that ZKsync’s technology is better suited for Treasure’s long-term goals
LayerZero, a leading cross-chain protocol, recently made headlines with its successful airdrop of the native ZRO token. Unlike Starknet and ZKsync, LayerZero’s airdrop stood out for its strong anti-bot measures and focus on rewarding real users. Recently at the Korea Blockchain Week, LayerZero’s CEO, Bryan Pellegrino, explained that their airdrop
The German firm Matter Labs, which created the ZKsync protocol for Ethereum’s Layer 2 layer, has laid off almost 16% of its employees. In a post on X, Matter Labs’ co-founder and CEO, Alex Gluchowski, said that the company has always adhered to the principle of being a small, dedicated
With a market valuation of over $1 billion, zkSync’s much-anticipated token debuted on June 17. Despite a brief surge in the first launch hours, ZK’s market value progressively declined in the days that followed, most likely as a result of persistent sell pressure from airdrop participants and generally unfavourable market
The price of zkSync (ZK) has dropped 16.15% in the last 24 hours. And over half of the top wallets that got the token on Monday, June 17, have already sold their entire allotment in the airdrop. While the early load caused some network troubles. The non-profit zkSync Association—which was
In response to community concerns and following in the footsteps of several other leading exchanges, Binance, the world’s largest crypto exchange, has officially announced the listing of ZKsync (ZK) trading pairs. This move comes amidst ongoing scrutiny over the airdrop of ZK tokens and marks a pivotal moment for ZKsync,
As 2024 continues to see positive developments in the crypto space, zkSync, a prominent Ethereum Layer 2 scaler by Matter Labs, has made a significant announcement—plans to airdrop nearly 3.68 billion ZK tokens next week. According to the distribution plan, 89% of the airdrop will be allocated to zkSync users
The zkSync Era’s most recent software upgrade, v24, has been released on the mainnet without a hitch. The Ethereum Layer 2 scaling solution’s security and functionality are both aimed at being enhanced by the addition of new capabilities brought about by this upgrade. One of the greatest accomplishments of the
The decentralization process of the Ethereum Layer-2 network zkSync is now complete, and the release of the final protocol upgrade, v24, is imminent. This upgrade not only foreshadows the forthcoming token launch, but it also moves closer to delegating network management to the people. After endorsing EIP-4844 in March, zkSync
A leading name in stablecoin issuer, Circle, has announced that USD Coin (USDC) will now be compatible with zkSync, a zero-knowledge layer-2 solution built on Ethereum. Developers will be able to use USDC on a scalable and efficient platform thanks to this announcement, which took place on April 9, 2024.
