Bookmarking Crypto Insights
Auto Added by WPeMatico
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO Alex Gluchowski. Departing employees will receive a comprehensive exit package, including salary continuation, healthcare, career support, and … Read more
Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync. Go to Source
Matter Labs stated that its employees were not eligible for the ZK airdrop and did not hand out NFTs to friends or other insiders. Go to Source
Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksync protocol through active community participation. ZK Nation: New Governance Framework Introduced by ZKsync According to the announcement, the ZK Nation governance … Read more
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future. Go to Source
It follows a public letter from ZK researchers and top industry experts slamming the firm for “oppressive behavior.” Go to Source
Quicknode, a leading blockchain infrastructure provider, has officially expanded its offerings to include support for Zksync hyperchains, enhancing its custom chains solution portfolio. This development introduces a new level of scalability and privacy for businesses leveraging blockchain technology, facilitated by the integration of cutting-edge zero-knowledge (ZK) proofs via a partnership with Matter Labs. Quicknode Reveals … Read more
Monthly active developers across the crypto ecosystem fell 28% year-on-year in October, though some have managed to buck the trend. Go to Source
The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network. Go to Source
One member of the cryptocurrency subreddit pointed out that “EVM equivalent” compilers like zkSync Era does not necessarily mean it is fully “EVM compatible.” Go to Source Powered by WPeMatico
