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EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
25.4.2024
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital
Data Ownership Protocol (DOP) Partners With Bitcoin.com to Pioneer Data Sovereignty in Crypto
19.4.2024
Integration Promises Enhanced Privacy for Bitcoin.com Wallet Users Bitcoin.com, a leading platform for cryptocurrency users, announces its strategic partnership with the Data Ownership Protocol (DOP) to empower users with unprecedented control over their data within the Bitcoin.com ecosystem...
Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet
16.4.2024
The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year
Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding
10.4.2024
Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network
Venture Firm A16z Releases Jolt, a 'Zero-Knowledge Virtual Machine'
9.4.2024
The release is the product of a16z's first foray into deep tech research
Succinct Labs Raises $55M to Propel Zero-Knowledge Proofs Into Mainstream Development
22.3.2024
On Thursday, Succinct Labs, a startup dedicated to democratizing zero-knowledge proofs, unveiled that it had secured $55 million in funding through both seed and Series A rounds. Paradigm took the lead in this financial boost, with additional support from entities like Robot Ventures, Bankless...
Ethereum Activates 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees
13.3.2024
A key element of the upgrade is to enable a new place for storing data on the blockchain – referred to as "proto-danksharding," which gives room for a dedicated space that is separate from regular transactions, and at a lower cost
Polygon Lands First User of New 'AggLayer,' Inking Deal With Astar Network
6.3.2024
By plugging into the AggLayer, Astar users will have access to the liquidity in the Polygon ecosystem, allowing cross-chain transactions between Astar and Polygon zkEVM, making the experience feel like a single chain
Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M
2.3.2024
The Taiko project, distinguished for its "based sequencing" architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks
LBank Labs Invests in QED: Unleashing Bitcoin’s Full Potential with Zero-Knowledge Proofs
1.3.2024
PRESS RELEASE. LBank Labs has achieved a new milestone by participating in the $3 million funding round for QED. This innovative venture is poised to revolutionize the Bitcoin ecosystem with its groundbreaking zk-Native blockchain protocol. The funding round, spearheaded by Arrington Capital,...
Polygon, StarkWare Tout New 'Circle STARKs' as Breakthrough for Zero-Knowledge Proofs
21.2.2024
Circle STARKs are supposed to accelerate the proving process for zero-knowledge rollups, according to a white paper published by Polygon Labs and StarkWare
Polygon Unveils ‘Type-1’ Prover Upgrade, Promising to Transform EVM Chains With Zero-Knowledge Proofs
10.2.2024
Polygon Labs has rolled out its latest innovation, the “Type-1 prover.” This upgrade could introduce a new era for Ethereum Virtual Machine compatible chains, enabling the generation of zero-knowledge proofs while ensuring transaction costs plummet. Polygon Unveils ‘Type-1’...
What Are Zero-Knowledge Proofs?
11.1.2024
Zero-knowledge proofs (ZKPs) allow crypto network users to verify the validity of a transaction without revealing details of the transaction
Making Sense of Web3’s Burgeoning AI Ecosystem
10.1.2024
Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help investors better understand the ecosystem and make...
‘Web3 Artists Offers Something Web2 Can’t – True Ownership’ — Palm Foundation Director
4.1.2024
According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on traditional platforms. For artists who have already...
Polygon Stops Work on 'Edge,' Used to Build Dogechain, as Focus Turns to ZK
15.12.2023
Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward "Polygon CDK," a blockchain-development kit powered by zero-knowledge cryptography. The older "Polygon Edge" was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network
Chainlink Data Feeds Available on Polygon zkEVM
14.12.2023
Developers building on Polygon’s zkEVM will be able to incorporate these data feeds into their on-chain applications
Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
14.12.2023
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum
Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain
13.12.2023
Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain
Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
14.11.2023
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects