Tag: ZkSync
ZKsync Shares Its Elastic Chain Ecosystem Vision After the 3.0 Upgrade
After its 3.0 release last month, ZKsync is the most recent Ethereum scaling solution to implement a multi-chain design. ZKsync unveiled its plans for Elastic Chain, an ecosystem of linked…
Nearly 50% of the recipients of the ZKsync airdrop sold all of their tokens: Nansen
About 41% of the top 10,000 Ethereum addresses that receive ZK tokens sold all of their assets within 24 hours of the Monday dip, according to blockchain analytics firm Nansen. …
Community ZkSync responds to the disastrous airdrop
Zero-knowledge (ZK) layer-2 network zkSync verified an airdrop for active on-chain participants one year after users initially dreamed of a governance token. More than 695,000 individuals will acquire 17.5% of…
Suspected $3.5 million rug pull for ZkSync’s Gemholic project
The potential rug-pull incident involving the Gemholic project and the zkSync network has raised concerns within the cryptocurrency community. A number of people impacted by the purported Gemholic scam have…
Upgrade to zkSync v24 Mainnet Completed; Ready for Anticipated Token Airdrop
On June 7, the zkSync developers declared that the zkSync V24 mainnet update was finished. The completion of the zkSync V24 Mainnet Upgrade has improved platform performance The goal of…
ZkSync intends to generate tokens this week and launch an airdrop in mid-June
This week will mark ZkSync’s token generation event (TGE), an Ethereum Layer 2 network created by Matter Labs as per rumours. According to the sources, the token launch—which will include…
ZkSync fuels airdrop theories by hinting to the v24 upgrade
ZkSync announced in an X post on Friday that it will soon release an update to hasten the decentralization of its system. The statement is interpreted by some traders as…
zkSync Anticipates Lower Fees and Enhanced Performance With Ethereum’s Duncan Upgrade
The forthcoming Duncan upgrade on the Ethereum network, slated for mid-March, is poised to revolutionize Layer 2 solutions, bringing significant improvements to platforms like zkSync. This upgrade, featuring “proto-danksharding” (EIP-4844),…
Crypto users lose over $2 million after Kannagi Finance executes a rug pull
In yet another case of rug pull, leading yield aggregator Kannagi Finance reportedly rug-pulled, leading its users to suffer losses worth $2.13 million. Kannagi Finance is the revenue aggregator of…