1. Home
  2. ZK

ZK

DeFi Altcoin and Ethereum (ETH) Layer-2 Blockchain Both on the Rise After Coinbase Listing

DeFi Altcoin and Ethereum (ETH) Layer-2 Blockchain Both on the Rise After Coinbase Listing

A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase. In a new set of announcements, top US-based crypto exchange platform Coinbase says it’s adding DeFi platform Moonwell (WELL) and ZKsync (ZK), an Ethereum scaling solution, to its suite of products. According to Coinbase, customers […]

The post DeFi Altcoin and Ethereum (ETH) Layer-2 Blockchain Both on the Rise After Coinbase Listing appeared first on The Daily Hodl.

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

Polygon Labs to Invest $5 Million in Acquiring VPU-Based Server Systems

Polygon Labs to Invest  Million in Acquiring VPU-Based Server SystemsPolygon Labs has announced a $5 million investment in Fabric’s custom Verifiable Processing Unit (VPU) to enhance the performance of its ZK-powered protocols. This investment marks Polygon Labs as the first protocol to adopt these next-generation crypto-native hardware systems. The VPU, designed to support advanced cryptographic operations and optimized for ZK cryptography, aims to accelerate […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

Top US Crypto Exchange Coinbase Adds New Ethereum (ETH) Layer-2 Scaling Protocol to Listing Roadmap

Top US Crypto Exchange Coinbase Adds New Ethereum (ETH) Layer-2 Scaling Protocol to Listing Roadmap

Coinbase added the new native asset of an Ethereum (ETH) layer-2 scaling protocol to its listing roadmap on Friday, putting the token on the potential path to trading on the top US crypto exchange. Zksync (ZK), the newest addition to the listing roadmap, bills itself as “an ever-expanding verifiable blockchain network, secured by math.” The […]

The post Top US Crypto Exchange Coinbase Adds New Ethereum (ETH) Layer-2 Scaling Protocol to Listing Roadmap appeared first on The Daily Hodl.

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

Expanded margin pairs available for PEPE, NEAR, SEI and SHIB!

We’re thrilled to announce that Kraken now supports new margin pairs for Pepe (PEPE), Near Protocol (NEAR), Sei (SEI), and Shiba Inu (SHIB)! Margin trading is now available for the below pairs for PEPE, NEAR, SEI, and SHIB: Pair Base Pair Name Available Leverage Long Position Limit Short Position Limit PEPE PEPEEUR 3 3,500,000,000 3,500,000,000 […]

The post Expanded margin pairs available for PEPE, NEAR, SEI and SHIB! appeared first on Kraken Blog.

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

8 new tokens available for trading!

We’re thrilled to announce that AUCTION, CPOOL, KMNO, PRCL, PRIME, TURBO, ZEX, and ZK are all now available on Kraken! Funding and trading Trading for all 8 assets will be live as of 17:00 PM UTC today, August 13th, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re […]

The post 8 new tokens available for trading! appeared first on Kraken Blog.

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

Plonky3, the Polygon Zero-Knowledge Proving System, Is Production Ready

Plonky3, the Polygon Zero-Knowledge Proving System, Is Production ReadyPolygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike its predecessor, Plonky2, which was optimized for hardware and recursion, Plonky3 offers greater flexibility […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

‘Airdrop Hunter’ Receives $753,000 Worth of ZK Tokens Before Depositing Into Binance: Lookonchain

‘Airdrop Hunter’ Receives 3,000 Worth of ZK Tokens Before Depositing Into Binance: Lookonchain

An “airdrop hunter” secured $753,000 worth of the new ZKsync token (ZK) via 85 wallets, according to the crypto tracker Lookonchain. Lookonchain notes the trader proceeded to deposit 2.71 million ZK worth $678,000 into Binance and sold 300,000 ZK for 20 Ethereum (ETH) worth $69,000 via the decentralized exchange (DEX) SyncSwap. ZKsync is a layer-2 […]

The post ‘Airdrop Hunter’ Receives $753,000 Worth of ZK Tokens Before Depositing Into Binance: Lookonchain appeared first on The Daily Hodl.

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

41% of top ZK airdrop wallets have already sold everything — Nansen

The data covered the “top 10,000 addresses” that received zkSync’s new ZK token, though that only makes up 1.4% of the total wallets eligible for the ZK airdrop.

Nearly half of the top wallets that received the new zkSync (ZK) token on Monday, June 17, have already sold their entire allocation in the airdrop, contributing to a 34.5% fall in the price of ZK since its launch.

Data from blockchain analytics firm Nansen shows that nearly 41% of tracked addresses sold their entire airdrop, while 29.2% sold at least some of their tokens. The total amount sold across both cohorts was over 486 million ZK.

Just over 30% of the top receiving wallets have held onto their ZK tokens.

Read more

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest

Zksync’s ZK Token Debuts With 2M Valuation, South Korean Market Shows Strong InterestZksync’s token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency’s market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market capitalizations, ranking at 90th. Notable exchanges listing ZK […]

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI

Matter Labs drops ZK trademark applications after industry backlash

It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.”

Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for “zero knowledge” proofs.

Its decision came three days after several leading ZK researchers condemned the firm’s behavior “in the strongest possible terms,” iterating that ZK technologies should instead remain a “public good” that is “accessible to all.”

“As a result of these conversations, we decided to drop all trademark applications,” Matter Labs confirmed in a June 2 X post.

Read more

From Ethereum’s Debut to the Future of Web3: The Legacy of WAGMI