Latest News and Articles about ZKsync
ZKsync Recovers $5M in Stolen Tokens Through Community-Driven Effort
ZKsync Recovers $5M in Stolen Tokens: A Testament to DeFi’s Community-Driven Solutions On April 15, ZKsync, a leading decentralized finance platform, became the target of a hacker who exploited an admin key to mint 111 million unclaimed ZK tokens, resulting in a $5 million heist. In a plot twist that feels straight out of a […]
Read MoreMatter Labs Sued by Bankex for Alleged IP Theft: Crypto Lawsuit Over Plasma Tech
Matter Labs Sued by Bankex for Alleged Blockchain IP Theft: A Crypto Lawsuit Unfolds Matter Labs, the developer behind the ZKSync project, finds itself in the legal spotlight as Bankex, a now-defunct digital asset platform, accuses them of intellectual property theft. The lawsuit, filed in the New York State Supreme Court on March 19, 2024, […]
Read MoreZKsync Cancels Ignite Program, Shifts Focus to Elastic Network Amid Bear Market
ZKsync Sunsets Ignite Liquidity Program Amid Bearish Market Amidst a challenging crypto market, ZKsync has decided to sunset its Ignite liquidity incentive program, marking a strategic shift towards sustainability and the development of the Elastic Network. Ignite program cancellation Last rewards distribution on March 17, 2025 Shift towards Elastic Network Slight token price increase ZKsync, […]
Read MoreUBS Tests Tokenized Gold on ZKsync: Revolutionizing Financial Access
UBS Explores Tokenized Gold on ZKsync: Pioneering Blockchain in Financial Innovation Union Bank of Switzerland (UBS) is pushing the boundaries of financial innovation by testing its tokenized gold product, UBS Key4 Gold, on ZKsync, an Ethereum layer-2 scaling solution. This initiative represents a significant move towards leveraging blockchain technology for enhancing financial services and global […]
Read MoreDeutsche Bank Partners with ZKsync for Ethereum Layer 2 Blockchain Advancement
Deutsche Bank Enters the Ethereum Blockchain Space with ZKsync Deutsche Bank, Germany’s leading financial institution, is embarking on a transformative journey in blockchain technology. By developing a Layer 2 solution on the Ethereum network with ZKsync technology, the bank aims to address complex regulatory challenges while enhancing transaction efficiency. This development forms a part of […]
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