The investment news bring a plethora of updates regarding
ZK Coin and its associated technologies. Prominent game commerce company,
Xsolla, announced the launch of
Xsolla ZK, furthering web3 adoption in video gaming. Meanwhile, Buenos Aires is implementing ZK proofs into its city app, improving residents' privacy and even launching the world's first ZK digital identity system.
Zero Knowledge Rollups (Zk-rollups) have been defined as foundational technology, not a fleeting trend, reflecting the growing relevance in blockchain infrastructure.
Despite a sharp decline in network activity and total value locked hitting year's lowest for ZKsync (ZK), the price has surged after its listing on Coinbase. In another development, PancakeSwap has rewarded its users with a significant 2.4M ZK token airdrop. Polygon and Fabric teamed up to fast-track ZK-proof adoption on AggLayer.
ZKsync then released news of another ZK token airdrop, driving the initial market cap close to $800M.
The ZK system developed by StarkWare has verified the first zero-knowledge proof on Bitcoin. This news comes alongside announcements from various other projects integrating ZK proofs for heightened security and efficiency. Amid the industry's positive trend towards ZK Coin and technology growth, Matter Labs withdrew their 'ZK' trademark applications after facing backlash from the industry.
ZK Coin News Analytics from Wed, 28 Feb 2024 08:00:00 GMT to Wed, 30 Oct 2024 11:27:01 GMT -
Rating 3
- Innovation 8
- Information 9
- Rumor -2
