zkSync

Ethereum's Airbender: Will ZKsync's Speed Democratize Finance?

Ethereum's Airbender: Will ZKsync's Speed Democratize Finance?

Now picture a world in which sending a dollar across borders only costs you one percent—or better yet, nothing at all. A world where the ability to get a small loan to purchase seeds for your family farm isn’t devoured by ridiculous costs. Sounds like a fantasy, right? Maybe not....

ZKsync's Airbender: Ethereum Blocks Proven in a Blazing 35s!

ZKsync's Airbender: Ethereum Blocks Proven in a Blazing 35s!

The blockchain landscape is changing every day and moving at the very speed, efficiency, and accessibility that blockchain technology enables. Leading the charge on this evolution is ZKsync, specifically its revolutionary Airbender zkVM. Airbender isn’t your standard upgrade. Wait, there’s still more! It has the potential to totally change the...

ZKsync Hit by $5M Hack After Compromised Account Exploited

ZKsync Hit by $5M Hack After Compromised Account Exploited

Just last week, hackers stole around $5 million worth of ZKsync’s native ZK crypto, raising alarm bells among crypto insiders. In this case, a compromised administrative account was the key that opened the door. This provided the attackers the opportunity to take control of unregistered tokens from a recent airdrop....

ZKsync Hack: $5M Stolen! Is Your Crypto Safe on Layer-2s?

ZKsync Hack: $5M Stolen! Is Your Crypto Safe on Layer-2s?

We know that the world of crypto moves fast, but so do the bad actors operating in this space. Just last week, ZKsync, considered one of the most secure and agile layer-2 scaling solutions for Ethereum, was exploited for $3 million. Due to this incident, approximately $5 million worth of...

ZKsync's $5M Hack: Is This the End of Ethereum Scaling?

ZKsync's $5M Hack: Is This the End of Ethereum Scaling?

Five million dollars. Gone. Poof. Taken from ZKsync, currently one of Ethereum’s supposedly greatest beacons of hope in the Layer-2 scaling arms – sorry, race. They say user funds are safe. They say the protocol is secure. But does it feel that way? Does it sound that way? This isn't...

ZKsync's $5M Theft: Proof the Airdrop Model is Dead?

ZKsync's $5M Theft: Proof the Airdrop Model is Dead?

Five million dollars gone. Poof. ZKsync, another darling of the Ethereum scaling world, just got hacked. And while they’re at it reassuring everyone that “everything is OK,” let’s face it – that’s not true, it’s not that simple. It’s a bright, blinking neon sign blaring that the airdrop model is...