ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program
ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Related Reading: Polkadot (DOT) Struggles Near $6.30 – Is Now The Time To Accumulate? Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address users’ concerns. Since its launch, ZK has dropped over 20%. ZkSync’s Airdrop Drama On June 11, ZK Nation announced the upcoming launch and airdrop of....
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Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can “research and experiment with it.” Matter Labs Discusses Roadmap’s Baby Alpha Milestone and L3 Proof of Concept On Oct. 28, Shazia from the Matter Labs team announced that the Zksync developers have reached the roadmap’s Baby Alpha Milestone.....
This week, Binance and EasyFi revealed that high-yield staking through the EASY token would be enabled, with full integration soon to follow within the Binance Smart Chain. Here’s everything you need to know about the attractive program that offers a staggering up to 40.56% APY and how Binance users can now gain access to this […]
The number of users plays a critical role for a token to get listed on Binance, Changpeng Zhao said in an interview. The CEO of Binance, the world’s largest cryptocurrency exchange by volume, has disclosed some information on how to get listed on the trading platform.The most important criteria for listing a cryptocurrency on Binance is the number of users, CEO Changpeng Zhao said in a Forbes interview on Nov. 29.CZ went on to say that there are many other factors like the number of active addresses on blockchain, social media audience and code commits. However, the number of users is “the....
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution. A new layer-3 (L3) prototype aimed at further solving Ethereum’s scalability issues is set to be deployed for testing as soon as Q1 2023.zkSync, a provider of zero-knowledge blockchain solutions on Oct. 10 announced it is aiming to deploy a new EVM-compatible layer-3 prototype called “Pathfinder” on testnet early next year. zkSync is a L2 Ethereum scaling protocol designed to bring down network usage costs. It....
Toncoin (TON), the native token of The Open Network, has been one of the best performers this cycle. The token registered a 200% surge in the last six months, flipping Dogecoin (DOGE) by market capitalization. As a result, the crypto exchange Binance announced the listing of TON on August 8, which propelled the price by over 10%. Related Reading: Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken Toncoin Soars 14% After Binance Listing On Thursday, Binance, the largest crypto exchange by trading volume, announced it would list TON on the trading platform. The....