Zksync era


Finance

ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June

ZkSync wrote on X that "handing over governance" is expected by the end of June.

Pyth issues token airdrop (ian dooley/Unsplash)

Tech

Avail Data Availability Integrated by Arbitrum, Optimism, Polygon, StarkWare, ZkSync

The chains' users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

Finance

ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido

Depositors were originally told that bridged ether would be returned once the bridging phase was over.

ZKasino sents $33M to Lido (Carl Raw/Unsplash)

Tech

Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money

A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like "The Bachelorette," with teams behind the Arbitrum, Optimism, Polygon and zkSync networks all vying to win the technology mandate.

Like the suitors courting Penelope in the Odyssey, Ethereum's biggest layer-2 teams are vying to win over the Celo blockchain. (John William Waterhouse, via Wikipedia.)

Tech

Venture Capital Lightspeed Faction Starts $285M Fund for Blockchain Startups

The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.

two fingers adding a coin to one pile of coins among many

Finance

ZkSync's Largest Lender Struck by $3.4M Exploit

EraLend said the threat has been contained, but advises against deposits.

Hacker (Towfiqu Barbhuiya/Unsplash)

Tech

Ethereum’s Layer 2 Teams Want You to Clone Their Code

By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.

Projects competing to become the dominant "layer 2" network atop Ethereum are now competing to become networks of networks. (Unsplash)

Markets

Ethereum Layer 2 Network zkSync Era's Locked Value Surpasses $500M

The total value locked has increased by 12% in one week, according to data source L2Beat.

zkSync Era's TVL hits new record high above $500 million (L2Beat)

Tech

How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape

Token airdrops – and the prospect of them – have become the default customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy sustainable?

Layer 2s with native tokens and blockchain bridges might introduce more problems than they fix as blockchain scaling solutions, Trust Machine's Rena Shah argues. (Creative Commons, modified by CoinDesk)

Tech

1inch, Aggregator of Decentralized Crypto Exchanges, to Launch on Ethereum Rollup zkSync Era

The company, which nabbed $175 million in a 2021 series B funding round, is one of the biggest protocols yet to launch on a zero-knowledge EVM.

(Creative Commons, modified by CoinDesk)

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