ZK token leaps 50% after Vitalik Buterin backs ZKsync post
ZK token surged 50% after Vitalik Buterin publicly endorsed a ZKSync post, boosting market confidence despite reports of an anomalous 110M ZK issuance, about 66M of which changed hands.
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ZKsync Sunsets Liquidity Rewards Program, Citing Bearish Market Conditions
ZKsync has announced the termination of its Liquidity Rewards Program, attributing the decision to prevailing bearish market conditions. The move reflects a strategic pivot as the platform adapts to the current landscape of digital asset trading.
ZkSync’s Largest Lender Struck by $3.4M Exploit
A vulnerability in ZkSync’s smart contract infrastructure allowed an attacker to exploit the platform, leading to the theft of $3.4 million in funds from the project’s largest lender. No funds belonging to other users were affected.
ZkSync unveils revolutionary STARK-based system: Mass usability in focus.
ZkSync has launched their new STARK-based proof system, aimed to foster the usability of its network in the mass market. With STARK, users can verify transactions without storing large data.