Tag: zk rollups

May 19 2022

Behind zkLend, a dual solution money market protocol for institutions and retail

May 19 2022 Published at CryptoSlate under tags  defi layer-2 layer2 starknet starkware

zkLend is an L2 money-market protocol built on StarkNet, combining the best of zk-rollups and Ethereum to bring more users to the DeFi market. To differentiate itself from the growing competition on the market, zkLend offers an innovative, dual solution to the problems faced in DeFi—a permissioned and compliance-focused solution for institutional...

Mar 10 2022

Roll-up developers StarkWare to raise $100M at a $6B valuation

Just three months after the last series C funding round, the Israeli company StarkWare is raising another $100 million at a $6 billion valuation, according to a report by the Israeli tech outlet Calcalist. The last series C round closed in November, brought in $50 million at a $2 billion valuation, thus tripling the company valuation in just three months. StarkWare is...

Feb 27 2022

zkSync Can Revolutionize How zkrollups Works

zkSync public testnet is officially online. The ETH layer 2 scaling solution known for its low gas fees and fast transactions has launched its public testnet on Ethereum. According to the announcement, the public testnet launch is a major milestone achievement not just for zkSync but for the entire Ethereum chain. Interestingly, the announcement on Twitter...

How zkSync Can Revolutionize ZK Rollups?

zkSync public testnet is officially online. The ETH layer 2 scaling solution known for its low gas fees and fast transactions has launched its public testnet on Ethereum. According to the announcement, the public testnet launch is a major milestone achievement not just for zkSync but for the entire Ethereum chain. Interestingly, the announcement on Twitter...

Jan 27 2022

Matter Labs and BitDAO launch a $200 million DAO to bootstrap zkSync development

Jan 27 2022 Published at CryptoSlate under tags  adoption bitdao defi zk rollups zksync

Matter Labs, the organization behind Ethereum scaling protocol zkSync, announced today that it has launched a $200 million DAO to help accelerate the growth of the zkSync ecosystem. The initiative is made possible through its partnership with BitDAO, one of the largest DAO treasuries in the DeFi market....

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