Latest News

Matter Labs Co-Founder and CEO Alex Gluchowski explains why he sees ZK as the "end game" for blockchain tech.

Beyond PENGU, airdrops from Dymension, Omni Network, zkSync, and LayerZero boosted Pudgy Penguins holders' earnings significantly throughout 2024.

Matter Labs CEO Alex Gluchowski said interoperability across the Elastic Network could add a new dimension to this potential value accrual.

1inch, the decentralised exchange (DEX) aggregator, announced on Thursday its integration with zkSync, the Ethereum layer-2 scaling solution that uses zk-roll ups. In a bid to more faster and secure cross-chain transactions, 1inch will enable its users to make frequent or smaller trades with much lower gas fees using zkSync's Ethereum Layer-1 security.

1inch has woven ZKsync into its cross-chain swap architecture, empowering users to exchange assets across networks with accelerated processing and minimized fees. ZKsync Joins 1inch's Cross-Chain Ecosystem This upgrade aims to amplify 1inch's technical prowess, permitting asset transfers between blockchains via ZKsync's layer two (L2) framework.

1inch Network expands its cross-chain capabilities by integrating ZKsync's layer-2 scaling solution, promising reduced fees and enhanced transaction speeds for users.

1inch Network has added ZKsync support to its cross-chain swaps, providing traders with lower transaction fees and near-instant execution. With Fusion+ technology enabling gas-free transactions, the integration enhances DeFi accessibility while leveraging ZKsync's security and scalability. The post 1inch Network Updates Cross-Chain Swaps to Feature ZKsync appeared first on Cryptonews.

TL;DR 1inch Network integrates ZKsync, an Ethereum scaling solution, to offer faster and cheaper cross-chain swaps. 1inch's Fusion+ technology enables fee payments through “relayers” who stake 1INCH tokens, benefiting users with lower costs. ZKsync, based on zero-knowledge technology, speeds up transactions while maintaining Ethereum's security.

ZKsync pushes the DeFi sector towards a more efficient and secure future

The integration aims to provide faster and cheaper transactions for users.

Switzerland's largest bank UBS is testing a digital gold trading system called UBS Key4 Gold on Ethereum's ZKsync Layer-2 network, enabling fractional gold investments with real-time pricing and secure physical storage options.

The Swiss bank UBS, a global leader in the financial sector, is experimenting with an innovative blockchain solution.

Union Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution ZKsync (ZK).

UBS is testing blockchain to boost retail gold investments. ZKsync improves privacy and scalability for UBS' gold platform.

UBS, a Swiss-based banking and asset managing conglomerate, is experimenting with rolling out Key4 Gold program on zkSync Validium testnet. In a bold move, UBS is setting new standards in RWAs tokenization on Ethereum-like blockchains.

UBS is testing blockchain for digital gold trading using ZKsync, aiming to enhance security, scalability and accessibility for retail investors.

UBS, a popular bank in Switzerland, has successfully tested its UBS Key4 Gold product on Ethereum Layer 2 network ZKSync. The product allows customers to purchase physical gold using blockchain technology while maintaining scalability, privacy and interoperability. Let's explore how this breakthrough can shape the future of digital gold trading. .

The Swiss banking giant, which has been experimenting with blockchain, tapped the layer-2 firm to test whether it could scale its current Key4 Gold program.

Swiss banking giant UBS completes proof-of-concept for its Key4 Gold service on zkSync, exploring blockchain integration for fractional gold investments and physical delivery options.

Mountain Protocol has announced the native issuance of its yield-bearing stablecoin USDM on ZKsync Era. The launch enables ZKsync (ZK) users to leverage the USDM stablecoin in decentralized finance while earning yield from tokenized Treasury bills.

300 million ZK up for grabs.

Tokenization platform Tradable has made significant strides in the private credit market by tokenizing $1.7 billion worth of assets on the ZKSync network, marking a major milestone in integrating blockchain technology into private credit markets. According to CoinTelegraph on January 17, Tradable announced the tokenization of over 30 institution-grade credit positions, representing high-quality credit assets.

ZKsync is on track to incentivize users amid growing demand to boost user retention.

ZKsync launched its Ignite program, allocating 300 million ZK tokens over nine months to boost liquidity on its Layer 2 network.