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Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift


Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive...

Zksync Introduces Community Governance With ZK Nation


Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active community participation. ZK Nation: New Governance...

Community Backlash Forces Matter Labs to Drop ‘ZK’ Trademark Bid


The developer of the Zksync Ethereum Layer 2 network, Matter Labs, abandoned its bid to trademark the term ‘ZK’ just days after asserting its right to do so. Matter Labs’ trademark bid withdrawal follows a furious community backlash that ultimately saw co-inventors...

Setback for Matter Labs over ‘zero-knowledge’ trademark aim


Alex Gluchowski, the chief executive officer of Matter Labs, is totally against the basic idea of intellectual property. Notable Ethereum-related projects like StarkWare, Polygon, and Polyhedra came out openly against the initiatives of Matter Labs to stamp ‘zero knowledge’ as...

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