Institutions won’t embrace Web3 without privacy options — Web3 exec
Paradoxically, one of crypto’s biggest selling points keeps institutions from embracing Web3 and distributed ledger technologies. Go to Source
ZK
Auto Added by WPeMatico
Worldcoin’s biometric gamble is a privacy time bomb
The privacy and security risks of biometric IDs demand builders consider modular privacy applications or face real-world vulnerabilities. Go to Source
ZK-proofs are more affordable than legacy ID systems — Cysic founder
According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials. Go to Source
Polygon Labs to Invest $5 Million in Acquiring VPU-Based Server Systems
Polygon Labs has announced a $5 million investment in Fabric’s custom Verifiable Processing Unit (VPU) to enhance the performance of its ZK-powered protocols. This investment marks Polygon Labs as the first protocol to adopt these next-generation crypto-native hardware systems. The VPU, designed to support advanced cryptographic operations and optimized for ZK cryptography, aims to accelerate … Read more
Plonky3, the Polygon Zero-Knowledge Proving System, Is Production Ready
Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike its predecessor, Plonky2, which was optimized for hardware and recursion, Plonky3 offers greater flexibility … Read more
ZkSync denies NFT ‘insider minting,’ claims some minters attended events
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
41% of top ZK airdrop wallets have already sold everything: Nansen
The data covered the “top 10,000 addresses” that received zkSync’s new ZK token, though that only makes up 1.4% of the total wallets eligible for the ZK airdrop. Go to Source
Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest
Zksync’s token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency’s market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market capitalizations, ranking at 90th. Notable exchanges listing ZK … Read more
Zero-knowledge Manta Network launches $50M ecosystem fund
Early-stage projects building on Manta Network can receive up to $50,000 in grants. Go to Source
Polygon Labs Acquires Toposware to Enhance Zero-Knowledge Tech Capabilities
In a strategic move to bolster its zero-knowledge technology development, Polygon Labs has acquired Toposware, a zero-knowledge (ZK) engineering startup. The deal is aimed at integrating Toposware’s expertise with Polygon’s ongoing projects to advance the entire ZK community. Polygon Labs Targets Zero-Knowledge Tech Leadership With Toposware Buy On Tuesday, Polygon stated in a blog post … Read more
