Ethereum layer-2 ZKsync faces scrutiny from Solana co-founder

Solana co-founder Anatoly Yakovenko has criticized the Ethereum layer-2 network ZKsync because it still operates like a multisig system despite claims of community-led governance. In a post on X (formerly Twitter), Yakovenko argued that the same “honest majority” assumptions apply to ZKsync because its system’s legal or technical control could easily fall under the jurisdiction […]

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PancakeSwap rewards users with 2.4M ZK token airdrop

PancakeSwap will airdrop 2.4 million ZK tokens to reward its community and boost zkSync PancakeSwap engagement.

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ZkSync denies NFT insider minting, claims some minters attended events

Matter Labs stated that its employees were not eligible for the ZK airdrop and did not hand out NFTs to friends or other insiders.

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3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter

A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer.

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ZkSyncs Gemholic project suspected $3.5M rug pull

Community members are currently trying to trace the Gemholic contract creators address, which is supposedly funded by Binance.

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zkSync Era Successfully Deploys v24 Upgrade to Mainnet

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Full decentralization will happen in a few years Layer-2 rollup teams

Several layer-2 rollup teams, including those for Linea, zkSync, Arbitrum and Optimism, claimed that full decentralization is coming soon.

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LayerZeros ZRO Token Airdrop Receives Backlash For Proof-Of-Donation Mechanism

This week, another airdrop controversy has sent the crypto community into havoc. Omnichain interoperability protocol LayerZero recently announced its ZRO Token launch alongside an Airdrop for its community. Related Reading However, investors were shocked when the protocol announced the new Proof-of-Donation mechanism. The tokens price has dropped over 20% after launching.  LayerZero Faces Backlash For [...]

The post LayerZeros ZRO Token Airdrop Receives Backlash For Proof-Of-Donation Mechanism appeared first on Crypto Breaking News.

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Binance Introduces ZKsync (ZK) on Convert and 'Buy Crypto'

Binance has added ZKsync (ZK) to its Convert and 'Buy Crypto' features, allowing users to trade ZK with zero fees and purchase with various payment options. (Read More)

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

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

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DICT ICT Summit Ongoing, Zksync Airdrop | Key Points | June 18, 2024

Daily news recap: Zksync airdrop, DICT blockchain initiative, and more news in the crypto industry.

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OKX Expands Offerings with ZKSync (ZK) Perpetual Futures and Margin Trading

OKX announces the listing of USDT-margined perpetual futures for ZKSync (ZK), alongside margin trading and Simple Earn options, effective June 18, 2024. (Read More)

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ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program

ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the projects announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Related Reading Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program [...]

The post ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program appeared first on Crypto Breaking News.

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OKX to List ZKsync (ZK) for Spot Trading

OKX announces the listing of ZKsync (ZK) for spot trading. Deposits, trading, and withdrawals will be available starting June 18, 2024. (Read More)

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ZKsync Airdrop of ZK Token Puts Initial Market Cap Near $800M

The ZK token opened at $0.31 and is down about 31% since then, trading at $0.22 at the time of writing, according to CoinGecko. The market capitalization stands at about $800 million, based on the circulating supply, with about 3.7 billion tokens eligible to be distributed. On a fully diluted basis, the market cap would [...]

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Binance Postpones ZKsync (ZK) Listing by One Hour

Binance has announced a one-hour postponement for the ZKsync (ZK) listing, now set to start at 09:00 UTC on June 17, 2024. (Read More)

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Understanding zkSync (ZK): A Comprehensive Overview

Explore zkSync, a Layer-2 protocol designed to scale Ethereum using zero-knowledge cryptographic proof-based technology, enhancing throughput while maintaining security and decentralization. (Read More)

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ZkSync defends Sybil measures as Binance offers own ZK token airdrop

ZK Nation said its Sybil filtering approach was to ensure as many users as possible would get an allocation, but that would inevitably let through some Sybils.

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ZKsync (ZK) Listing on Binance Postponed by Two Hours

Binance has announced a two-hour postponement for the ZKsync (ZK) listing, now rescheduled to 10:00 UTC on June 17, 2024. (Read More)

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Binance to List ZKsync (ZK) and Launch Token Distribution Program

Binance announces the listing of ZKsync (ZK) and introduces a token distribution program starting June 17, 2024. Trading pairs include ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY. (Read More)

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