Breaking News: ZKSYNC – Market Insights, Analysis & Latest Updates

The Daily: SEC appeals Ripple case ruling, Swift plans live bank trials of digital asset transactions and more

The SEC appeals its ruling against Ripple; Swift to trial digital asset transactions; Binance Labs invests in ZKsync; Grayscale launches Aave fund; Aerodrome hits $1B in deposits.

theblock.co • 03/10/2024 - 17:28 PM

Binance Labs invests in ZKsync 'elastic chain' Sophon in token round

Binance Labs invests in Sophon, a zkSync elastic chain, raising its total funding to over $70 million, aiming for a retail-focused web3 ecosystem with a mainnet launch next month.

theblock.co • 03/10/2024 - 13:55 PM

Binance Labs invests in ZKsync 'elastic chain' Sophon in token round

Binance Labs has invested in Sophon, a ZKsync Layer 2 network, facilitating over $70 million in funding while focusing on creating a retail-integrated web3 ecosystem.

theblock.co • 03/10/2024 - 13:55 PM

The Daily: Matter Labs cuts staff as ZKsync demand falls, SEC charges Galois Capital and more

Matter Labs trimmed its workforce by 16% as demand for ZKsync Era continues to fall. The SEC charged and settled with the crypto-focused investment advisory firm Galois Capital over custody issues. The entity behind the WazirX hack moved $6.5 million in ether to the sanctioned crypto mixer Tornado Cash. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 03/09/2024 - 17:21 PM

The Daily: Matter Labs cuts staff as ZKsync demand falls, SEC charges Galois Capital and more

Matter Labs lays off 16% of staff amid ZKsync demand drop; SEC charges Galois Capital; WazirX hacker transfers $6.5 million; Hypernative secures funding; Scottish court seizes bitcoin.

theblock.co • 03/09/2024 - 17:21 PM

ZKSYNC

ZKsync Era's daily revenue plummets post-airdrop, highlighting Layer 2 market struggles

ZKsync Era’s daily revenue plummeted to a mere $6,800 last week. The following is an excerpt from The Block’s Data and Insights newsletter.

theblock.co • 21/08/2024 - 14:31 PM

NEBRA’s zero-knowledge proof aggregator goes live on Ethereum mainnet

NEBRA introduces Universal Proof Aggregation to combine zero-knowledge proofs, reducing blockchain verification costs significantly and enhancing efficiency for Ethereum-based applications.

theblock.co • 15/08/2024 - 13:00 PM

Peter Thiel's Founders Fund leads $15 million Series A for Ethereum rollup deployment platform Caldera

Caldera raises $15 million in Series A funding to support Ethereum rollups, facilitating easy launches for developers. Plans include developing Metalayer for enhanced scalability.

theblock.co • 24/07/2024 - 12:59 PM

Peter Thiel's Founders Fund leads $11 million round for Pudgy Penguins' parent as it builds new Layer 2 blockchain

Igloo raises over $11 million to develop Abstract, a consumer-focused Layer 2 blockchain, aiming to simplify decentralized app development and attract mainstream crypto users.

theblock.co • 23/07/2024 - 15:30 PM

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