7 articles tagged with #zksync. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
Cari Network is developing a bank-governed tokenized deposit platform using ZKsync's Prividium infrastructure. This initiative enables US regional banks to offer stablecoin-like onchain payment solutions, marking their entry into the digital asset space.
ZKsync Lite is scheduled for full deprecation on May 4, requiring users to withdraw all funds before the deadline. The ecosystem is consolidating around ZKsync Era as the primary platform going forward.
The Ethereum Foundation and five major Layer 2 protocols (Aztec, Polygon, Scroll, Taiko, zkSync) announced 25 winners of a collaborative ZK grants round with a $900,000 prize pool. Each sponsor contributed $150,000, and winners were selected through rank-choice voting after thorough reviews.
The Ethereum Foundation announces a collaborative $900K grant round with Aztec, Polygon, Scroll, Taiko, and zkSync to fund Zero Knowledge public goods projects. Each participating organization contributed $150K to support ZK ecosystem development and innovation.
BitGo has partnered with ZKsync to develop tokenized deposit infrastructure aimed at bringing traditional banks onto blockchain networks. The platform is currently in testing phase and designed to enable programmable payments while simplifying blockchain adoption for financial institutions.
ZKsync announced it will deprecate ZKsync Lite on May 4, freezing the network as the project consolidates its development efforts around ZKsync Era and ZK Stack. This represents a strategic shift to focus resources on their newer Layer 2 scaling solutions.
Senior cryptocurrency executives, including Solana ecosystem builder Akshay BD and zkSync executive Anthony Rose, are leaving their positions to pursue opportunities in AI as the artificial intelligence sector has created 1.3 million new jobs. This talent migration poses a potential risk to the crypto industry's development and expertise retention.
