ZKsync | ForkLog

ForkLog 8 20.06.2024

ZKsync Era’s Airdrop Fails to Revive Network Activity

The number of active addresses (7 DMA) in the ZKsync Era L2 network fell from 455,000 to 218,000 between late February and June 10, as noted by experts from The Block. The average daily number of transactions during this period decreased from 1.75 million to 512,000. On June 11, the ZKsync association confirmed the airdrop […]

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ForkLog 33 18.06.2024

41% of Major ZKsync Airdrop Recipients Have Sold Their Tokens

Data from Nansen reveals that 4,100 out of the 10,000 largest addresses receiving distributions from the L2 network ZKsync have sold all their ZK tokens. Proportion of wallets selling and holding ZK. Data: Nansen. An additional 29.2% have sold only part of their coins, while just over 30% of wallets are still holding their assets. […]

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ForkLog 42 17.06.2024

ZK Token Debuts at $0.25 Amid Exchange Listings

The native token of the ZKsync L2 network (ZK) has been listed on several major cryptocurrency exchanges, including Binance, Bybit, Gate.io, and KuCoin. At the time of writing, the coin is trading at approximately $0.25. Minute chart of ZK/USDT on Binance. Data: Binance. According to CoinGecko, ZK’s market capitalization has surpassed $910 million with a […]

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ForkLog 8 17.06.2024

Binance to Distribute 10.5 Million ZK Tokens Among 52,500 Users

On June 17, cryptocurrency exchange Binance launched spot trading for the native token of the ZKsync L2 network (ZK) and initiated a token distribution program. Trades with ZK are available in pairs with Bitcoin, USDT, FDUSD, and the Turkish lira. Withdrawals for the asset will open on June 18. According to the announcement, in response […]

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ForkLog 31 12.06.2024

ZKsync Airdrop Sparks Criticism Over Sybil Accounts

The token distribution of the L2 network ZKsync (ZK) has faced community criticism, as only 13% of the 6 million unique wallets were eligible, with many identified as ‘sybils’. “The airdrop of 17.5% [of ZK’s issuance] to 695,232 addresses is the largest distribution of coins among users. The tokens have no vesting periods or lock-ups […]

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ForkLog 14 11.06.2024

ZKsync to Distribute 3.6 Billion ZK Tokens in Airdrop

The ZKsync Association is set to conduct a one-time distribution of 3.6 billion ZK tokens among early network users next week. This was revealed by Matter Labs founder and CEO Alex Gluchowski in an interview with The Block. ? Zksync airdrop checker live now. Link:https://t.co/EmAKFkbtvj 695232 wallets eligible for 17.5% $ZK Snapshot of zksync lite […]

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ForkLog 10 10.06.2024

ZKsync Developers Unveil Governance System for ZK Nation

The Ethereum layer-two network ZKsync, developed by Matter Labs, has announced a new governance model for its ecosystem called ZK Nation. Welcome to ZK Nation, a community to govern, defend, and grow the ZKsync protocol. Read the full announcement here:https://t.co/HRArUnJt3m pic.twitter.com/GtgxmNalqN — ZK Nation (@TheZKNation) June 10, 2024 “ZK Nation is a community driven by […]

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ForkLog 62 09.06.2024

Gemholic Accused of $3.4 Million Rug Pull in zkSync Ecosystem

The team behind the Gemholic project has been accused of disappearing with 921 ETH (approximately $3.4 million at the time of writing), according to The Block. The publication reports that the rug pull occurred after Gemholic recovered 921 ETH, which had been accidentally locked in a smart contract on the zkSync network in April 2023. […]

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ForkLog 28 03.06.2024

Matter Labs Withdraws ZK Trademark Application Amid Backlash

The developer behind zkSync, Matter Labs, has withdrawn its application to trademark zero-knowledge proofs (ZK). Cointelegraph reported the filing on May 30, after which the firm faced criticism from the crypto community. ⚡️ JUST IN: @the_matter_labs’ attempt to trademark ‘ZK’ technology sparks outrage. — Cointelegraph (@Cointelegraph) May 30, 2024 StarkWare noted that ZK is a […]

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ForkLog 17 30.05.2024

Polyhedra to Adopt ZKJ Ticker, Ceding ZK to zkSync

Web3 infrastructure startup Polyhedra Network has announced its intention to use the ticker ZKJ for its upcoming listing on the HashKey Global cryptocurrency exchange and similar future events. This was reported by The Block.

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ForkLog 6 25.05.2024

Polyhedra Network Accuses zkSync of Token Ticker Theft

The Web3 infrastructure startup Polyhedra Network has criticized the Layer 2 solution zkSync for choosing the ticker ZK for its token. We trust that the community understands the true meaning of fairness and justice. Let’s see who will endorse such misconduct and who will stand as the guardian of fairness and justice. Great job as […]

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ForkLog 15 21.05.2024

zkSync Plans Token Airdrop for June

Matter Labs, the company developing the EVM-compatible layer-two solution zkSync, is planning to conduct a TGE this week. This was reported by The Block, citing informed sources.

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