EigenLayer has enhanced two major integrations, with Mantle Network and ZKsync adopting EigenDA for data availability and ZKsync also incorporating EigenLayer's Autonomous Verifiable Services (AVSs) for decentralized zero-knowledge (zk) proving. These partnerships expand EigenLayer's role in Ethereum's modular security landscape, reinforcing its position as the leading restaking protocol.

The ZKsync Ignite program will be discontinued after its first season, with the DeFi Steering Committee (DSC) announcing that rewards will cease on March 17, 2025. The decision is driven by a strategic shift towards focusing resources on the Elastic Network, which is seen as essential for the long-term vision of ZKsync.

The company behind ZKsync DAO prematurely ended its Ignite rewards program effective March 17, citing bearish market conditions.

TL;DR ZKsync DAO ends the Ignite program ahead of schedule, avoiding the second season of rewards for DeFi projects due to market conditions and a more conservative strategic approach. The decision aligns with the priority of developing the Elastic Network, a multichain ecosystem within ZKsync that aims to enhance interoperability and efficiency in decentralized finance.

ZKsync has announced the cancellation of the second season of Ignite and remains committed to its Elastic Network vision.

The blockchain has lost around 50% of total value locked since Jan. 30.

ZKSync will not launch Season 2 of its Ignite program, which aimed to boost available liquidity for DeFi. ZKSync will now focus on the Elastic Network and improve the ZK tokenomics to offset the bearish market conditions.

The committee said that prioritizing technology development for native interoperability across ZKSync's Elastic Network is crucial.

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.

SyncSwap, the reference DEX for the L2 of ZKsync, Linea, and Scroll, is preparing to distribute the airdrop of its own governance token.

Crypto airdrops offered lucrative opportunities for investors in 2024, with projects like Hyperliquid making headlines for providing significant rewards to timely participants.

Bull markets are the time of exciting mainnet launches, airdrops and announcements.

One of the biggest players in the German financial market—Deutsche Bank—has decided to enter the blockchain industry. According to Bloomberg, the bank is building its layer-2 (L2) blockchain on Ethereum, which uses ZKsync technology.

Project Dama 2 is part of Singapore's Project Guardian on blockchain asset tokenization. Deutsche Bank aims to launch the blockchain MVP in 2025, pending approval.

A Bloomberg report spotlights Deutsche Bank's approach to tackling regulatory hurdles associated with public blockchains, introducing the layer two (L2) pilot program, Project Dama 2.

Deutsche Bank is testing Project Dama 2, a blockchain platform built on ZKsync technology.

Deutsche Bank's Ethereum L2 initiative could revolutionize blockchain use in finance by enhancing compliance and security for regulated entities. The post German banking giant develops Ethereum L2 using ZKsync appeared first on Crypto Briefing.

Holdstation has launched A(i)gentFi, an innovative platform designed to enable the creation, management, and monetization of autonomous AI agents.

The Web3 gaming studio Treasure launched its layer-2 mainnet on Wednesday.

Layer 2 scalability platform ZKsync has put great efforts in the direction of achieving greater decentralization.

TL;DR ZKsync has unveiled its 2025 roadmap to enhance blockchain performance, focusing on scalability, user experience, and privacy. Key goals include simplifying the developer experience with EVM equivalence, achieving 10,000 TPS at $0.0001 per transaction, and introducing Private Validium for on-chain privacy.

Web3 wallet Holdstation introduces AI agent platform A(i)gentFi. The platform is dedicated to creating, managing and monetizing AI agents on the ZKsync network.

ZKsync aims to accelerate personal freedom and mass crypto adoption through its developer-friendly blockchain stack.

ZKsync Roadmap 2025 focuses on enhancing scalability, user experience, and privacy.