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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’...
Axiom Secures $20 Million in Series A Funding Round
27.1.2024
Axiom announced a $20 million Series A funding round led by Paradigm and Standard Crypto. The company’s approach uses zero-knowledge cryptography to provide a more efficient and cost-effective method for smart contract developers to access and use on-chain data. Axiom Secures $20 Million...
Polygon Introduces ‘AggLayer,’ Aims to Simplify Blockchain Integration Across Platforms
25.1.2024
Polygon Labs plans to release “AggLayer,” a new blockchain aggregation layer, in February. This development aims to enhance interoperability across blockchain platforms. According to Polygon’s recent blog, AggLayer is designed as a centralized protocol that aggregates zero-knowledge (ZK) proofs...
Manta Network Faces Money Laundering Allegations After Recovering From DDoS Attack
19.1.2024
Zero-knowledge L2 blockchain Manta Network has been accused of money laundering in South Korea shortly after the blockchain was hit by a DDoS attack. In an X post published on January 18th, user @Definalist noted that 2 million MANTA tokens were transferred to the personal wallet of Manta’s...
Synapse Network Embarks On A Historic Journey By Migrating To zkSync
12.1.2024
Synapse Network , a leading cross-chain launchpad, is embarking on a groundbreaking journey by migrating its native token, $SNP (soon to be $zkSNP), to zkSync, heralding the dawn of the era of Zero Knowledge and Layer Zero integration. Notably, $SNP is set to become the first-ever omnichain...
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...
Is Mina Protocol Going to Zero? MINA Price Falls 5% as New Mining Project Hits $7.5 Million
5.1.2024
Leading zero-knowledge blockchain Mina Protocol has seen MINA price drop into retracement following tough local high resistance, leading some panicked bag-holders asking is Mina Protocol going to zero? This comes as the fourth day of decline, following a sensational week-long pump, which saw MINA...
‘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...
ZKSpace Officially Upgrades to ZKBase, Launches ZKSwap for BRC20, and Implements 1:1 Exchange between ZKS and ZKB
29.12.2023
PRESS RELEASE. To empower the BTC and ETH ecosystems, the ZKSpace team has rebranded and upgraded to ZKBase. As an infrastructure protocol based on ZK (Zero Knowledge) proof technology, ZKBase is dedicated to providing scalability solutions for mainstream blockchains such as Ethereum and Bitcoin...
Is Mina Protocol Going to Zero? MINA Price Drops as New Mining Protocol Secures $6.4 Million
28.12.2023
Leading zero-knowledge blockchain Mina Protocol has seen MINA price drop into retracement following tough resistance, leading some panicked bag-holders asking is Mina Protocol going to zero? This comes following a sensational week-long pump, which saw MINA price climb +120% amid a broader uptick...
Making Privacy Solutions EVM-Compatible Is Key to Integrating Them With Blockchains and Dapps — Guy Itzhaki
20.12.2023
While proponents of fully homomorphic encryption (FHE) have sometimes touted it as a better privacy solution than zero-knowledge (ZK) proofs, Guy Itzhaki, the founder and CEO of Fhenix, said both are cryptographic-based technologies which, when combined, can form a robust and efficient encryption...
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
Vitalik Buterin Proposes Enshrined ZK-EVM for Enhanced Ethereum Main Chain Efficiency
14.12.2023
Source: ShutterStock Vitalik Buterin, Ethereum’s co-founder, has introduced a conceptual architecture called the enshrined Zero-Knowledge Ethereum Virtual Machine (ZK-EVM) to enhance the main chain’s efficiency. According to Buterin’s latest blog, this proposal of the enshrined...
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
Stablecoin Supply Turning Positive and Rising Protocol Fees Among Key Narratives in 2023 — Study
11.12.2023
During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK) technology became one of the most consistent talking points in...
Zero Knowledge Rollups as a Service Hasten the ‘Implementation of Secure and Scalable Networks’ — Alvaro Fernandez
7.12.2023
Alvaro Fernandez, the Chief Operations Officer (COO) at Lumoz, has stated that while zero-knowledge rollups have demonstrated exceptional security and scalability, the technology is still not user-friendly. To address this issue, networks should opt for ZK Rollups-as-a-Service (ZK-RaaS) because...
Jordi Baylina: Finding Solutions in Zero-Knowledge
4.12.2023
One of Ethereum's biggest scalability layers, Polygon, is at the forefront of a new tech trend with the launch of its zkEVM