Search results for "ZK"

Polyhedra Co-Creation: In response to financial attacks, the development of auditable dark DEXs will be accelerated

Tiancheng Xie, co-founder of Polyhedra, announced on the X platform that they will accelerate the development of an auditable privacy DEX, utilizing zk-SNARKs to ensure the confidentiality and verifiability of transactions, enhancing user security and preventing financial attacks.
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ZK Nation: The proposal to use the ZK Gateway chain as the Elastic Network settlement layer has been executed on L1.

Gate News bot message, ZK Nation stated that ZIP-10 has been approved by the Security Council and executed on L1. The proposal aims to allowlist the ZK Gateway chain as a settlement layer for the Elastic Network, paving the way for rapid interoperability by providing a cheap batch settlement layer and fast communication between ZK chains.
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PeckShield: In April, the encryption industry suffered 18 hacker attacks, resulting in losses of $357 million.

PANews reported on May 7 that according to PeckShieldAlert, a total of 18 major encryption attack incidents occurred in April 2025, resulting in a total loss of 357.11 million USD. This includes an unauthorized transfer incident of Bitcoin (loss of 330.7 million USD) and approximately 14.4 million USD recovered collectively from the three projects KiloEx, zkSync, and Term Labs. Other significant incidents include an attack on Loopscale (loss of 5.8 million USD) and an attack incident on MorphoLabs' frontend (loss of 2.6 million USD).
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ZKM and GOAT Network launch zkMIPS 1.0 with 19 times performance improvement.

Gate.io News bot message, ZKM and GOAT Network jointly released the zkMIPS 1.0 version of the zero-knowledge Virtual Machine based on the MIPS architecture. This version has a performance improvement of 19 times compared to zkMIPS 0.3.0, achieving the first scalable deployment. Currently, zkMIPS 1.0 has been deployed on the GOAT Network as the core execution foundation for building a secure, decentralized, and sustainable BTC yield network. ZKM announced that it will focus on addressing technical bottlenecks such as "real-time proof" and promote the practical application of ZK technology in the fields of modular blockchain and cross-chain applications. Source: wublock123
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Ant Financial Technology has launched Jovay, a Layer 2 Blockchain designed specifically for RWA transactions, utilizing a dual proof system of TEE and zk.

PANews May 1 news, Ant Group's Ant Financial launched the Layer2 Blockchain Jovay aimed at overseas markets, specifically designed for RWA transactions, supporting 100,000 TPS and a 100 millisecond response time. Jovay uses a dual proof system of TEE and zk, enabling seamless integration with Layer1 blockchains such as Ethereum, assisting in the conversion of global new energy assets into tradable digital assets.
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Kakarot releases an alternative stack to Ethereum ZK, aiming to implement real-time STARK proofs on Ethereum L1 by the end of the year.

The Kakarot project announced the completion of a full implementation of the Ethereum Virtual Machine and plans to prove Ethereum Layer 1 blocks in real-time using the STARK proof system. Built using the Cairo language, it provides an independent zero-knowledge proof solution. The project can generate block proofs in 8 seconds, better than Ethereum's 12-second block time. By avoiding reliance on mainstream solutions, it has constructed an alternative for generating zero-knowledge proofs for Ethereum blocks. The team responded that they are not in a hurry to transition to RISC-V.
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Polkadot Testnet launches RISC-V smart contracts execution environment

Gate.io News bot message, Polkadot has launched a smart contracts execution environment supporting RISC-V on the AseetHub Westend Testnet. Developers can now use Solidity to develop on Polkadot, and the contracts will run on the new PolkaVM execution engine. The RISC-V architecture features a clear structure and predictable execution behavior, making it suitable for conversion into zero-knowledge proof circuits. This architecture supports contract development using languages such as Rust and C in conjunction with the LLVM compiler, while also providing foundational support for building the execution layer of a "ZK native chain". Source: Yuki
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ZKsync co-founder reaffirms that there has been no leak of code, contracts, or operator Secret Key.

ZKsync co-founder responds to the incident of the administrator account being hacked, emphasizing that the protocol has not leaked key information. ZK Token experienced abnormal issuance and dumping, with about 5 million dollars worth of tokens stolen, but user funds are safe. The incident was triggered by a stolen Secret Key, limited to the Token Airdrop contract, and an investigation is underway.
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ZKsync founder responds to security incident: no code or Secret Key leakage, will release complete investigation results.

ZKsync founder Alex Gluchowski released a statement on social media, emphasizing that no security vulnerabilities have occurred with ZKsync. The team is investigating the security incident and will provide a detailed explanation. He stated that the team still respects its legal commitments to investors, partners, and members, highlighting that ZKsync possesses ultimate security architecture.
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ZKsync founder reiterates: No code has been leaked, and there is an unbreakable commitment to investors.

ZKsync founder Alex Gluchowski emphasized the operator Secret Key leak incident on the X platform, denying any leak of code or contracts. He pointed out that ZK is Endgame, is actively investigating, and will release updates. The market L2 Tokens generally fell, but Gluchowski stressed the legally binding commitments to investors, partners, and the team.
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GOAT Network releases the Bitcoin ZK Rollup economic brown paper, systematically addressing the challenges of Layer 2 incentives and verification mechanisms.

ChainCatcher News, Bitcoin-native ZK Rollup project GOAT Network released an economic beige book on Bitcoin ZK Rollup, proposing a plan for the implementation of the economic model of Bitcoin-native zkRollup. This plan systematically addresses issues such as incentive imbalance, concentration of role costs, and low verification efficiency in the current BTC L2 system through the "Universal Operator Role Rotation Mechanism" and "Multi-Round Challenge Mechanism".
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GOAT Network released the Bitcoin ZK Rollup economic brown paper, systematically addressing the challenges of layer two incentives and verification mechanisms.

ChainCatcher message, the Bitcoin native ZK Rollup project GOAT Network has released an economic brown paper on Bitcoin ZK Rollup, proposing an economic model landing plan for Bitcoin native zkRollup. This scheme systematically addresses the issues of incentive imbalance, concentrated role costs, and low verification efficiency currently present in the BTC L2 system through the "Universal Operator Role Rotation Mechanism" and "Multi-Round Challenge Mechanism".
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PancakeSwap: Will airdrop over 1.9 million ZK Tokens for active traders and Liquidity Providers.

PANews June 17 news, PancakeSwap announced that the "Future Contributors" category ZK Token airdrop event on ZKsync PancakeSwap has been launched, with a total of 1,936,936 ZK tokens to be distributed to active traders and Liquidity Providers. The snapshot date has been moved up from June 27 to June 3, and the snapshot period has been extended to August 16. Distribution details: 1. A total of 432,585 ZK Tokens have been allocated to 1,230 eligible addresses based on historical trading activity on ZKsync PancakeSwap. 2. A total of 1,504,351 ZK Tokens will be distributed to Liquidity Providers through Merkl within two months, with the distribution time being
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ZK Nation: Approximately 760 million ZK will be unlocked in June, and from July onwards, approximately 167 million ZK will be unlocked each month until June 2028.

PANews June 10 news, ZK Nation released an announcement regarding the unlocking of ZK Token. When ZK Token is issued in 2024, team members and investors of Matter Labs will collectively receive approximately 33.3% of the total supply of tokens. On June 18, up to 25% of the vested team member token allocation and 10% of the vested investor token allocation will be unlocked. The token allocation received by Matter Labs team members and investors at TGE will unlock over 4 years, with a 1-year vesting period. According to current calculations, in June, 3.6% (approximately 760 million) of the total token supply (21 billion tokens) will be unlocked from the allocated shares. Starting from July 2025, it is expected that 0.8% (approximately 167 million tokens) of the total token supply will be unlocked each month until June 2028. (Note: approximately 33.3%
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ZKsync launches the institutional private Blockchain infrastructure Prividium

BlockBeats News, on May 27, ZKsync announced the launch of the institutional private Blockchain infrastructure Prividium, providing enterprise-level privacy protection, built-in Compliance, and seamless connection with the Ethereum network.
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ZKsync: The latest upgrade proposal focuses on optimizing the elliptic curve pre-compilation, and the cost of ZK proof verification will drop by over 90%.

ZKsync announced that the latest upgrade will significantly optimize Gas fees, particularly by optimizing the elliptic curve precompilation and adding the ModExp precompilation feature, which will drop the cost of verifying typical zkSNARK proofs by 94%. Elliptic curve operations will be implemented in the circuit, with costs reduced by over 90%, while the addition of the ModExp feature is crucial for cryptographic applications such as RSA and ZK proof verification. Developers do not need to take any additional action, as the upgrade has been completed on the Testnet.
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Succinct will launch the PROVE Token as the native asset of the ZK proof network.

Succinct has launched an Ethereum-based ZKP validator network and introduced the PROVE token as its native asset, aiming to build a decentralized marketplace connecting proof requesters and providers. The PROVE token is used for payments, incentives, governance, and punishing wrongdoers. Succinct has completed a $55 million Series A funding round, led by Paradigm. The second phase of the Testnet is underway, with Phase 2.5 expected to be launched soon in preparation for the Mainnet launch.
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Succinct will launch the PROVE Token as the native asset of the ZK proof network.

Succinct, supported by Paradigm, launched the PROVE Token as the native asset of its ZKP validators network. PROVE will be used for payments, incentives, staking, and governance, strengthening the decentralized market. Succinct is currently in the testing phase and will launch Phase 2.5, preparing for the mainnet. In 2024, the Succinct Labs team secured $55 million in Series A funding, led by Paradigm.
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The ZK project Succinct announces the launch of its native Token PROVE.

According to the Gate News bot, TheBlock reported that the zk-SNARKs project Succinct announced the issuance of its native Token PROVE, which will serve as the core asset of its Ethereum-based Decentralization zk-SNARKs network. The Succinct network is currently running the second phase of its testnet and plans to enter phase 2.5 in preparation for the mainnet launch. Previously, Succinct Labs secured $55 million in Series A funding led by Paradigm in 2024.
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Sophon achieves EVM equivalence, fully compatible with the zkSync core development toolchain.

According to ChainCatcher news and official reports, Sophon has inherited the core technology developed by The Matter Labs for zkSync, officially achieving EVM equivalence. This means that developers can deploy contracts using regular EVM tools without needing to adapt to additional tools. The official stated that if the enhanced features provided by Sophon EraVM are not used, standard EVM contracts can be directly deployed. This update will improve development efficiency, help more high-quality applications land, and truly create value for end users.
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Sophon achieves EVM equivalence, fully compatible with zkSync core development toolchain.

According to news from ChainCatcher, Sophon has officially inherited the core technology developed by The Matter Labs for zkSync, achieving EVM equivalence. This means that developers can deploy contracts using regular EVM tools without the need for additional tool adaptation. The official statement indicates that if the enhanced features provided by Sophon EraVM are not used, standard EVM contracts can be directly deployed. This update will improve development efficiency, help more quality applications to be implemented, and truly create value for end users.
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ZKsync Developers: The ZKsync and Matter Labs X account is still in a compromised state, please do not interact.

ChainCatcher message, ZKsync Developers have once again stated on the X platform that the ZKsync and Matter Labs X accounts are compromised, reminding users not to interact.
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ZKsync Developers: The ZKsync and Matter Labs X account is still in a compromised state, please do not interact.

ChainCatcher message, ZKsync Developers once again posted on platform X stating that the ZKsync and Matter Labs account are in a stolen state, reminding users not to interact.
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Warning: The ZKsync and Matter Labs X account are still in a stolen state, please do not interact.

PANews May 13 news, ZKsync Developers announced an update on platform X stating that ZKsync and Matter Labs account are still in a stolen status, please do not interact. Previously, ZKsync Developers stated that the team briefly gained control over the two X accounts after they were stolen.
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The official X account of ZKsync and Matter Labs was hacked.

According to Gate.io News bot, as reported by Wu, ZKsync Developers announced on the X platform that the official X accounts of ZKsync and Matter Labs have been hacked. Wu issued a security reminder to community users, suggesting to suspend any interactions with these accounts and to avoid clicking on related links.
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ZKsync has completed the EVM equivalence upgrade, simplifying the deployment process for developers.

Gate news bot message, ZKsync has launched the 27th version of its Era network protocol upgrade, achieving full EVM equivalence. This upgrade was approved through governance proposal ZIP-9. After the upgrade, developers no longer need to use specialized tools such as zkSolc, Foundry ZKsync, or hardhat-foundry, but can directly use standard tools like solc, foundry, and hardhat for deployment. This equivalence feature will extend to all ZK chains in the Elastic Network. Source: Wu Shuo
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Vitalik and StarkWare-supported Kakarot launch a new Ethereum ZK solution based on STARK.

PANews April 29 news, according to The Block, Vitalik and Kakarot, supported by StarkWare, announced the development of an independent Ethereum zk-SNARKs stack, planning to achieve real-time Layer 1 Block proof by the end of 2025. Kakarot is built on the Cairo language and uses the STARK system, avoiding reliance on existing mainstream zk-SNARKs technology stacks, aiming to enhance the diversity and system resilience of Ethereum zk-SNARKs validation, and to assist in achieving Ethereum's goal of full zk-SNARKs implementation by 2028.
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Scroll has become the first zk-Rollup to reach Stage 1 status.

Gate.io News bot message, Scroll co-founder Ye Zhang announced that Scroll has become the first zk-Rollup to reach Stage 1 status through the Euclid update. This update implements three key improvements: users have sufficient exit time before system changes, arbitrary upgrades are prohibited; users have the authority to submit transactions directly on Layer 1, eliminating censorship risk; when the sequencer or prover goes down, the network automatically opens to everyone to maintain system operation. The L2 Rollup maturity framework divides Rollup into three stages: Stage 0 includes characteristics such as operator control and L1 on L2 state root; Stage 1 features smart contract management, complete proof systems, and a 7-day exit window; Stage 2 achieves full smart contract management, decentralized proof systems, and a 30-day exit window. Source: Wu Says
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The dissolved blockchain company BANKEX has sued ZKsync developer Matter Labs over an intellectual property dispute.

According to Gate.io News bot, CoinDesk reported that the defunct blockchain company BANKEX has filed a lawsuit against ZKsync developer Matter Labs in the New York State Supreme Court, accusing them of intellectual property theft. BANKEX pointed out in the lawsuit that two former employees secretly founded Matter Labs using company resources while participating in the Plasma project and claimed the company's technology as their own. Matter Labs responded to this, denying all allegations, emphasizing that ZKsync is a self-developed technology, and stating that these lawsuits are "groundless".
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ZKsync developer Matter Labs has been sued for allegedly stealing intellectual property.

Matter Labs, the company behind the Layer 2 Blockchain ZKSync, has been sued by BANKEX for intellectual property infringement. BANKEX accuses former employees of stealing technology to establish Matter Labs, which has raised $450 million in venture capital to become a major blockchain player.
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ZKsync: Attackers illegally minted about 111 million ZK Tokens from three airdrop contracts, accounting for about 0.45% of the total supply.

The ZKsync Airdrop contract was attacked, resulting in approximately 111 million ZK Tokens being illegally minted. The attacker exploited a vulnerability to obtain funds, but other parts of the ZKsync protocol remained unaffected. The team is working hard to recover the funds.
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ZKSync attackers have transferred approximately 1.7 million ZKS cross-chain, suspected to have started trap cashing out operations.

PANews, April 15 - According to Cyvers Alerts, the ZKSync attackers accessed approximately $5 million worth of unclaimed ZK Tokens. Currently, about 1.7 million ZK have been cross-chained to Ethereum and transferred along with 10 ETH to a HitBTC related Address, suspected to have started a trap operation.
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Cyvers: The ZKsync hacker has exchanged 1.7 million tokens cross-chain into ETH and deposited 10 ETH into the HitBTC address.

According to ChainCatcher news and Cyvers monitoring, ZKsync Hacker has cross-chained 1.7 million Tokens into ETH and has deposited 10 ETH into HitBTC Address.
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Web3 investment company JDI announced that it has fully acquired the Blockchain project Moonchain.

Odaily News Web3 investment company JDI announced the full acquisition of the blockchain project Moonchain. Moonchain was founded by former engineers from Parity Technologies and ZKsync, focusing on blockchain protocols, L2 scaling, and DePIN technology. JDI stated that this acquisition will combine its hardware manufacturing capabilities with Moonchain's technical foundation to advance its layout in the field of decentralized infrastructure. Moonchain plans to launch its first round of hardware giveaways (iHO) at the end of June, allowing users to obtain smart devices for accessing the Web3 network by staking tokens.
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Paradigm-supported Succinct completes the World Chain verification pilot, paving the way to become a ZK rollup.

Gate News bot announcement, Succinct, which has received investment from Paradigm, has completed a seven-day validation pilot for the World Chain Mainnet. This pilot project used encryption proofs to validate each transaction and Block without the need to rerun the entire Blockchain. This indicates that even large networks like World Chain, based on the OP Stack, can eventually become ZK rollups. "World Chain challenged us to prove that ZK can operate at their scale," said Uma Roy, co-founder of Succinct, in a statement. "By completing this pilot project, we have demonstrated that this technology is ready for production, paving the way for World Chain to become a ZK rollup when the time is right."
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Aztec has launched on the public Testnet.

BlockBeats news, on May 2nd, the privacy and scaling solution Aztec based on ZK Rollup announced on social media that it has launched its public Testnet.
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ZKsync: Further investigation confirms that only the Airdrop allocation contract is affected, and a comprehensive incident report will be released.

ZKsync on platform X updated that the investigation into the minting event of 111 million ZK tokens confirmed that it only involved the Airdrop allocation contract, with no new ZK tokens minted. User funds are safe, and both the protocol and governance contracts have not been affected. The investigation and recovery work are ongoing, and progress will be announced in a timely manner along with a complete event report.
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The ZK universal proof layer protocol ZkCloud will launch on the Mainnet.

According to BlockBeats news on April 18, the official announcement states that the ZK universal proof layer protocol ZkCloud will launch on Mainnet. ZkCloud can aggregate proof demands, making new applications that utilize provable computing economically viable by reducing costs to a small fraction of the standard proof outsourcing costs like AWS and GCP. It also ensures that prover nodes can achieve maximum resource efficiency by aggregating workloads across the entire industry, in order to meet scaling and privacy use cases as well as future demands.
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Succinct completed the verification pilot of World Chain, paving the way for it to become a ZK Rollup.

The zk-SNARKs technology company Succinct successfully completed a 7-day validation pilot on the World Chain Mainnet, marking progress in its transition to ZK Rollup. This pilot validated the legitimacy of transactions, reducing cross-chain confirmation time from 7 days to 1 hour, laying the foundation for future Decentralization.
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The ZKsync community voted on the proposal "to exchange the recycled ETH for ZK tokens"

The ZKsync community voted to approve proposal GAP-3, which recovers stolen ETH to be exchanged for ZK tokens. The Security Council will execute the exchange without prior disclosure to prevent potential Arbitrage and market manipulation. Previously, ZKsync suffered from an attack resulting in stolen tokens, but the Hacker has returned $5 million of the stolen funds.
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The privacy-focused Layer-2 Rollup protocol Aztec announces the launch on Testnet.

PANews May 1st news, according to CoinDesk, the privacy-focused Layer-2 Rollup protocol Aztec announced the launch of its Testnet, which utilizes protocol-level encryption technology, allowing users to store private data on the Blockchain in an encrypted form. The project team stated that they have been dedicated to developing this product for over 8 years, pushing this cutting-edge technology further towards the Mainnet. Co-founder Zac Williamson stated that unlike conventional ZK Rollups, Aztec prioritizes privacy over scalability, requiring more on-chain resources for each transaction. In a previous news from 2022, Aztec Network completed a $100 million Series B funding round, led by a16z.
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ZK Nation Hacker Incident Concluded: Stolen Funds Have Been Fully Returned

According to the Gate.io News bot, ZK Nation officially announced that the previous hacker attack incident has been resolved, with the hacker returning all stolen funds within the stipulated timeframe. Currently, these assets have been handed over to the security committee for safekeeping. According to the official announcement, the specific disposal plan for these returned assets will be determined through the community governance mechanism.
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GRVT: Has used zk-SNARKs to break the dilemma of "privacy and transparency" in on-chain transactions.

GRVT indicates that in its architecture, the "transparency vs privacy" debate is not a Zero-sum Game. It verifies transaction data, including key trading strategy information, on a private network using zk-SNARKs technology, ensuring both the transparency and privacy of transactions while guaranteeing data integrity.
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ZKsync issues a bounty notice to hackers: Return 90% of the stolen funds to avoid criminal liability.

According to ChainCatcher news, ZKsync has issued an announcement on the X platform and the Ethereum network, calling for the return of 90% of the stolen funds (44,687,278.5988 ZK Tokens, 1,021.3 ETH, and 766 ETH), and offering a 10% bounty as a reward for cooperation. Funds must be sent to the designated ZKsync Era and Ethereum address within 72 hours. Full refunds confirmed publicly and closed before the return deadline will be honored; otherwise, it will be handed over to law enforcement for criminal investigation.
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ZKsync offers a 10% bounty to hackers.

ZKsync announced that it is offering a 10% bounty to the hacker, requiring the return of the stolen ZK and ETH within 72 hours. If the funds are not returned, they will report to the police and initiate a criminal investigation. ZKsync confirmed that the theft was due to the leak of the admin account's Private Key.
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Former zkSync DeFi head Sebastien founded Sophon, focusing on the Web3 entertainment ecosystem.

Gate News bot message, according to WuBlock reports, Sebastien, the founder of the Sophon project and former zkSync Decentralized Finance head, is building a new generation Web3 entertainment ecosystem. The project integrates key components such as the Home console, Account system, and loyalty system through the Sophon OS platform, and combines zkTLS technology to achieve data verification and privacy protection functions. Sophon has also innovatively introduced "social oracles" to achieve cross-application identity and data interoperability. The current phase of the project focuses on advancing the application of zkTLS technology and the launch of Sophon Home. In terms of long-term planning, Sophon is committed to seamlessly integrating blockchain technology into practical application scenarios, driving user growth with real use cases while avoiding token speculation issues.
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ZKsync Founder: Ethereum's Shift to RISC-V Will Enhance the Status of the World Computer

The founder of ZKsync stated that Ethereum serves as the moat of the world computer due to the network itself and should become the secure foundational layer for decentralized blockchain networks in the future. The team will make a major announcement in the next two weeks.
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ZKsync founder: If Ethereum maintains its position as the "world computer", value will flow directly or indirectly to ETH.

Ethereum, as the world computer, has a product-market fit, with downstream applications like "Decentralized Nasdaq, SWIFT", but its network is the true moat. Ethereum is the foundational value internet, with trustworthiness and neutrality as core features, and in the future, it will serve as the secure underlying layer for a large, decentralized blockchain network. When its core advantages are realized, value will flow towards ETH.
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Solana fixed a zero-day vulnerability that could have led to the unlimited issuance or theft of some tokens.

The Solana Foundation has successfully fixed a serious "zero-day" vulnerability affecting the confidential transmission functionality on its network, which involves the ZK proof system for Token-2022 standard tokens. The repair work was completed within two days, and the vulnerability was not disclosed until the fix was completed. No evidence of actual exploitation has been found so far, and user funds are safe, but the adoption rate of the confidential transmission feature is relatively low.
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Vitalik Buterin proposed replacing EVM with RISC-V to enhance Ethereum scalability.

The co-founder of Ethereum proposed replacing the Ethereum Virtual Machine with the RISC-V architecture to improve efficiency, especially achieving a 100-fold increase in zk-SNARKs efficiency while maintaining compatibility with the existing EVM. This initiative aims to address the bottleneck issues in Ethereum's long-term scalability.
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