ZkSync News

Matter Labs, the key developer behind the Ethereum layer-2 solution ZKsync, has announced it will reduce its workforce by 16% due to a major organizational restructuring.  The company will cut these positions to better align with the evolving technology and…

Aave V3 has launched on the ZKSync Era mainnet to unlock liquidity and yield generation for users of the zero-knowledge-powered blockchain ecosystem. Aave Labs said in a blog post that the deployment of Aave (AAVE) V3 on Era will see…

Decentralized exchange (DEX) protocol PancakeSwap is airdropping a massive 2.4 million ZKSync (ZK) tokens to its users, according to an announcement on Friday. Specifically, PancakeSwap will airdrop a total of 2,452,128 ZK tokens to the DEX platform’s community as reward…

LayerZero (ZRO) price rallied after the highly successful airdrop. It jumped by almost 10%, reaching a high of $4.40. Its valuation was larger than many well-known brands like Flow, Ethena, Quant, and Ethereum Name Service.  The token rallied even after…

What factors contributed to zkSync’s drastic 39% price drop post-airdrop, and what are analysts saying about zkSync’s price prediction for the coming months? On June 17, zkSync (ZK) tokens were distributed through an airdrop, creating a lot of initial interest.…

Nearly half of the top recipients of ZKsync’s airdrop liquidate the governance tokens on day one. 

ZKsync, the Ethereum-based layer-2 blockchain platform, has witnessed a significant 21% drop in its token value following the recent airdrop, as selling pressure mounts. The much-anticipated distribution of “ZK” tokens initially placed the market capitalization of the asset near an…

Crypto exchange Binance announced the listing of Zksync (ZK) trading pairs and a token distribution program aimed to alleviate community concerns about the token airdrop. Starting at 10:00 (UTC) on Jun. 17, the ZK token will be available for spot…

Ethereum scaling solution zkSync has come under fire over the lack of anti-Sybil measures for its ZK token airdrop. Industry pundits believe the airdrop could be compromised by Sybil attacks, leading to unfair token distribution and market instability. A Sybil…

Ethereum scaling solution zkSync will airdrop 3.6 billion ZK tokens to users next week, but the crypto community said the distribution list is unfair.

ZkSync-based Zyfi received financial backing to bootstrap paymaster services across the Ethereum ecosystem.

zkSync tweeted about plans to hand over governance to the community next month, suggesting that a token airdrop is imminent.

Arbitrum, Optimism, Polygon, StarkWare, and zkSync integrate the data availability layer from the Avail modular blockchain.

Nana Murugesan, the ex-Coinbase executive responsible for international expansion, has joined Matter Labs as president to drive the growth of the zkSync technology. A former executive at Coinbase Global, Nana Murugesan, who was responsible for spearheading the exchange’s global expansion…

Circle has announced the integration of its USDC stablecoin natively into the zkSync ecosystem.

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