The ZK Coin has been featured prominently in the recent news, considering the advancements and partnerships. Buenos Aires city has added ZK proofs into its city app to increase residents' privacy and Xsolla is launching Xsolla ZK to advance Web3 adoption for video games. ZKsync (ZK) experienced a sharp decline in network activity and hit yearly lows in total value locked. However, the price of ZK Coin surged following its listing on Coinbase. Other notable news include a $12.5 million funding round for Pi Squared for building 'Universal ZK Circuit'.
Ethereum founder Vitalik Buterin shared insights on Ethereum's future powered by ZK technology. ZKsync announced that 695K wallets would be eligible for next week's ZK token airdrop. A big part of the community is also excited about the recent enhancements including launches, integrations, and partnerships involving ZK technology like ZK-rollups and ZK proofs. However, amidst this optimism, developers caution about the complexity of ZK proofs in decentralized identity systems.
ZK Coin News Analytics from Wed, 28 Feb 2024 08:00:00 GMT to Fri, 01 Nov 2024 20:55:17 GMT - Rating -2 - Innovation 6 - Information 7 - Rumor -3