News with the tag "zkSync"

Ethereum emerged top of the real-world assets table as the total value of assets under management grew by 10% in the past 30 days to $4.1B. Ethereum’s RWA market share also went up 3.39% to 54.5% as the number of RWA holders in the ecosystem increased 3.05% to 62.28K. RWA.xyz data also revealed that...

Abstract Chain said a recent exploit was an isolated incident tied to Cardex, a blockchain fantasy game. Abstract Chain, an Ethereum layer-2 network built by Igloo Inc., the same entity behind Pudgy Penguins, confirmed an inquiry into wallet drain reports shared by users on Tuesday, Feb. 18. Several...

On-chain data analytics platform Growthepie has revealed that the Ethereum Layer 1 blockchain has accumulated over $1.67 billion in gas fees from DeFi, accounting for over 30% of all the fees accumulated from all DeFi ecosystems. Base, ZKsync Era, and Arbitrum One are the chains taking the 2nd, 3rd,...

1inch Network announced it has expanded its cross-chain swap capabilities to include ZKsync, a Layer 2 scaling solution for Ethereum. In a press release shared with Cryptonews , this update will offers users more flexibility and efficiency in their trading activities. 1inch now supports @zksync for ...

UBS Taps Blockchain for Digital Gold Investments on ZKsync Switzerland’s largest bank, UBS, is trying to modernize digital gold trading for retail investors using blockchain. The bank has completed a proof-of-concept for its fractional gold investment platform, UBS Key4 Gold, using ZKsync Validium, ...

Swiss banking giant UBS said that it completed a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync. The simulation, which was conducted on a ZKsync test network, is a sign of renewed interest in blockchain technology among traditional financial institutions. This ...

According to S&P Global, tokenization can eliminate many investment barriers in the private credit market.

Animoca Brands and other VCs are invested to fund the new ZKcandy chain, supported by gaming company iCandy. While the Web3 gaming sector has attracted fewer internal investments, it appears some companies have plans to revive both on-chain activity and gaming. ZKCandy, a new L2 created specifically...

Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.

Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with Matter Labs’ ZKsync technology. Bloomberg reported the project Wednesday, and a representative for Matter Labs confirmed the story. The chain will be "a public and permissioned L2," Omar Azhar, the head of business...