🚀 April 2025 Sees Significant Losses in Crypto Security Incidents

According to Foresight News, the cryptocurrency industry experienced substantial security breaches in April 2025, resulting in losses totaling $364 million. Of this amount, approximately $18.2 million has been returned and is not included in the total loss figure. Phishing attacks were identified as the primary cause, accounting for around $337 million in losses. Notably, funds stolen from KiloEx, Loopscale, and zkSync have been returned by the hackers.

#Crypto #Security #Incidents #Losses #Phishing #KiloEx #Loopscale #zkSync

🚀 ZKsync Achieves Full EVM Equivalence with Latest Upgrade

According to PANews, ZKsync has announced the successful implementation of full EVM equivalence, allowing developers to deploy EVM bytecode compiled from Solidity directly onto the ZKsync chain without the need for specialized tools like zkSolc or Foundry ZKsync. This capability was introduced through the protocol's version 27 upgrade and officially approved by governance proposal ZIP-9.

The EVM bytecode will be executed on EraVM using an EVM interpreter, ensuring seamless compatibility with popular Ethereum development tools such as Foundry, Hardhat, and Remix. However, due to differences in operational modes, there are limitations including variations in gas calculation methods, lack of support for certain EVM instructions like CALLCODE and SELFDESTRUCT, and higher execution costs compared to native EraVM contracts. ZKsync advises projects sensitive to performance to prioritize native EraVM development.

The upgrade is set to gradually extend to other ZK chains within the Elastic Network.

#ZKsync #EVM #Ethereum #Solidity #Upgrade #Blockchain #SmartContracts #Crypto #Development #Governance

🚀 April 2025 Sees Significant Losses from Crypto Attacks

According to PANews, April 2025 witnessed 18 major cryptocurrency attacks, resulting in total losses of approximately $357.11 million. Among these incidents, unauthorized Bitcoin transfers accounted for $330.7 million in losses. Additionally, projects such as KiloEx, zkSync, and Term Labs collectively recovered around $14.4 million. Other notable events included an attack on Loopscale, leading to a $5.8 million loss, and a front-end attack on MorphoLabs, resulting in a $2.6 million loss.

#CryptoAttacks #Cryptocurrency #Bitcoin #KiloEx #zkSync #TermLabs #Loopscale #MorphoLabs #April2025 #Cybersecurity #Blockchain #BTC #ZK

🚀 ZKsync and Matter Labs Official Accounts Compromised

According to BlockBeats, ZKsync developers have announced that the official X accounts of ZKsync and Matter Labs have been compromised. Users are advised to refrain from interacting with these accounts or clicking on any associated links.

#ZkSync #MatterLabs #AccountCompromise #SecurityAlert #Blockchain #ZK

🚀 Security Alert Issued After ZKsync and Matter Labs Accounts Compromised

According to BlockBeats, a security warning has been issued by SlowMist's Chief Information Security Officer, 23pds, following the hacking of the official X accounts of ZKsync and Matter Labs. The breach was identified through the '/secureproxy.php?e=ping_proxy' signature, which has been found on over 10,000 malicious websites. Project teams are advised to be vigilant against similar attack methods.

#SecurityAlert #ZKsync #MatterLabs #Cybersecurity #Hacking #DataBreach #SlowMist #MaliciousWebsites

🚀 ZKsync Proposes Upgrade to Reduce Gas Fees for zkSNARK Verification

According to PANews, ZKsync has announced a new upgrade proposal aimed at optimizing elliptic curve precompilation and introducing a ModExp precompilation feature. This upgrade is expected to significantly reduce the gas fees for verifying typical zkSNARK proofs from approximately 6.8 million to around 370,000, marking a reduction of about 94%. The enhancement will enable elliptic curve operations such as ECAdd, ECMul, and ECPairing to be executed directly within the circuit, thereby lowering the cost of verifying ZK proofs by over 90%.

The addition of the ModExp precompilation feature is designed for rapid modular exponentiation, which is crucial for various cryptographic applications, including RSA and ZK proof verification. Importantly, developers will not need to take any action following this upgrade. Existing contracts that rely on these precompilation features will not require redeployment, as calls will automatically resolve to the new circuit implementation.

The precompilation upgrade has already been deployed on the ZKsync Era testnet.

#ZKsync #GasFees #zkSNARK #Upgrade #EllipticCurve #Precompilation #Cryptography #ModExp #Testnet

🚀 Web3 Industry Faces Regulatory and Market Developments in June

According to PANews, the Web3 industry is experiencing a significant period of regulatory, market, and technological developments in June. The U.S. Securities and Exchange Commission (SEC) is reviewing the staking feature of Grayscale's spot Ethereum ETF, while the U.S. House of Representatives is conducting a stablecoin hearing and a DeFi roundtable, indicating ongoing regulatory actions in the United States.

Additionally, macroeconomic data such as non-farm payrolls, the Consumer Price Index (CPI), and the Federal Open Market Committee (FOMC) interest rate decisions are expected to influence market sentiment.

On the project front, major projects like ZKsync, Sui, Aptos, and Starknet are set for large-scale token unlocks, which are noteworthy events for stakeholders to monitor closely.

#Web3 #regulation #marketdevelopments #SEC #Ethereum #stablecoin #DeFi #macroeconomicdata #CPI #FOMC #ZKsync #Sui #Aptos #Starknet #tokenunlocks #ETH #APT

🚀 ZKsync CEO Criticizes Solana's Decentralization and Performance

According to Odaily, Alex Gluchowski, founder and CEO of Matter Labs, recently commented on the X platform in response to Solana co-founder Toly. Gluchowski stated that Solana cannot compete with Ethereum in terms of decentralization and censorship resistance. He also mentioned that Solana falls short in latency and performance compared to single-sequencer Layer 2 networks. Previously, Toly had remarked that Solana is not aiming to 'wage war' against Ethereum but rather to challenge centralized sequencer Layer 2 solutions based on Ethereum.

#ZKsync #Solana #Decentralization #Performance #Ethereum #Layer2 #CensorshipResistance #Crypto #SOL #ETH

🚀 Ethereum Leads in Real-World Asset Value Among Blockchain Networks

According to Odaily, prominent crypto influencer CryptoBullet has analyzed the current standings of blockchain networks based on the total value of real-world assets (RWA). Ethereum tops the list with a total value of $7.54 billion, accounting for 58.8% of the market. Following Ethereum, ZKsync Era holds the second position with $2.25 billion, representing 17.5% of the total value. Aptos ranks third with $540 million, making up 4.2% of the market share. Other notable networks include Stellar, Solana, and Polygon.

#Ethereum #RealWorldAssets #Blockchain #Crypto #ZKsync #Aptos #Stellar #Solana #Polygon #ETH #APT

🚀 Aave Community Approves Strategy Adjustment for V3 Deployment

According to BlockBeats, the Aave community has overwhelmingly approved a temperature check vote to adjust the V3 multi-chain deployment strategy, with a support rate of 99.96%. The proposal suggests closing Aave V3 deployments on zkSync, Metis, and Soneium, while setting a $2 million revenue threshold for new deployment chains. The community plans to release a standard ARFC proposal following this decision.

#Aave #community #V3 #multi_chain #zkSync #Metis #Soneium #deployment #strategy #ARFC #AAVE

🚀 Ethereum Sees Growth in Active Addresses Despite Layer 2 Network Decline

According to ChainCatcher, Cointelegraph reports that over the past year, the number of active addresses on the Ethereum network has increased by 25%, with transaction volume rising by more than 20%. However, as activities related to airdrops have cooled down, several Ethereum Layer 2 networks have experienced a decline in usage. Data from Nansen indicates that Ronin saw the largest drop in active addresses, with a decrease of 70%, while ZKsync experienced the most significant decline in transaction volume, falling by 90%.

#Ethereum #ActiveAddresses #Layer2 #TransactionVolume #Airdrops #Ronin #ZKsync #Blockchain #Crypto #ETH

🚀 Ethereum's Expansion Set to Transform Transaction Processing by 2026

According to BlockBeats, Ethereum is poised for significant scalability advancements over the next year. By 2026, the network is expected to undergo the Glamsterdam fork, which will introduce nearly perfect parallel processing capabilities to the mainnet and significantly increase the Gas limit from the current 60 million to 200 million.

A substantial number of validators will shift from re-executing transactions to verifying zero-knowledge (ZK) proofs. This transition will set Ethereum Layer 1 on a path to potentially achieve scalability of 10,000 transactions per second (TPS) or higher, although this target will not be reached by 2026.

Additionally, data blocks will expand, potentially reaching 72 or more per block, enabling Layer 2 (L2) solutions to handle hundreds of thousands of transactions per second. L2 is becoming increasingly user-friendly; the recent Atlas upgrade by ZKsync allows funds to remain on the mainnet while transactions occur in the fast execution environment of the ZKsync elastic network.

The planned Ethereum interoperability layer aims to facilitate seamless cross-chain operations between L2s, with privacy becoming a central focus. The Heze-Bogota fork, scheduled for the end of the year, is targeted at enhancing censorship resistance.

#Ethereum #scalability #transactionprocessing #blockchain #Glamsterdamfork #ZKproofs #Layer1 #Layer2 #ZKsync #crosschain #privacy #HezeBogota #fork #ETH

🚀 ZKsync Unveils 2026 Roadmap with Focus on Privacy and Integration

According to Foresight News, ZKsync has announced its roadmap for 2026, highlighting advancements in privacy chain infrastructure and integration. The roadmap includes Prividium, which aims to evolve from a privacy engine to bank-grade infrastructure, emphasizing enterprise-level encryption technology with privacy as a default cornerstone. It also focuses on direct integration with enterprise systems and workflows, enabling the deployment of privacy applications akin to standard enterprise infrastructure.

The ZK Stack is set to transition from independent chains to a collaborative system, with application chains becoming central components of the stack. This will allow applications to operate seamlessly between public and private ZK chains, integrating liquidity and shared infrastructure natively without the need for cross-chain operations.

Furthermore, the open-source RISC-V proof system, Airbender, is designed to advance from a high-speed zkVM to a universal standard. It aims to evolve from pure speed to prioritize trust, usability, security, formal rigor, and top-tier developer experience. Airbender will serve ZKsync, Ethereum, and applications beyond the crypto sector.

#ZKsync #2026Roadmap #PrivacyChain #EnterpriseEncryption #Prividium #ZKStack #CollaborativeSystem #ApplicationChains #RISC-V #Airbender #zkVM #Ethereum #OpenSource #Crypto #ETH

🚀 Aave DAO Proposes Strategy to Optimize V3 Multichain Deployments

Aave DAO has put forward a proposal to enhance the Aave V3 multichain strategy by halting deployments on zkSync, Metis, and Soneium. According to NS3.AI, the proposal stipulates that any future Aave V3 deployments must ensure a minimum of $2 million in annual revenue from the target blockchain. This strategy is designed to better align the costs, risks, and returns associated with deployments.

#AaveDAO #V3Multichain #zkSync #Metis #Soneium #BlockchainDeployments #CryptoStrategy #NS3AI #RevenueOptimization #AAVE

🚀 ZKsync Lite Network to Shut Down on May 4

ZKsync has announced the official shutdown of its ZKsync Lite network on May 4, marking the end of block production and freezing its final state. According to NS3.AI, ZKsync Lite, which was Ethereum's first zero-knowledge proof rollup launched in June 2020, is being phased out following the introduction of the zkEVM ZKsync Era. The network does not support smart contracts, prompting the transition. Users are advised to withdraw assets amounting to nearly $34 million before the deprecation date. However, claims will still be possible through a read-only API that will be maintained for one year.

#ZKsync #LiteNetwork #Shutdown #zkEVM #Ethereum #ZeroKnowledgeProof #Rollup #AssetsWithdrawal #API #NS3AI #zkSyncEra #Blockchain

🚀 Ethereum Foundation Begins Staking Treasury ETH Amid Network Upgrades

The Ethereum Foundation has started staking its treasury ETH, demonstrating confidence in upcoming network upgrades. According to NS3.AI, the USD1 stablecoin is experiencing coordinated attacks that are affecting its stability. In other developments, Uniswap has introduced an AI agent named 'Skills' to improve user experience, while TRUMP is set to deploy 5% of its token supply. Additionally, zkSync plans to phase out its Lite version, x402's trading volume has reached a two-month high, and UniSat has announced a fee-free policy along with a Facebook buyback initiative.

#EthereumFoundation #staking #ETH #networkupgrades #stablecoin #Uniswap #AIagent #TRUMP #zkSync #Liteversion #x402 #UniSat #fee-free #Facebookbuyback #USD1

🚀 Lido Identifies Vulnerability in ZKsync Bridge Endpoint Contract

Lido has disclosed a potential vulnerability in the ZKsync wstETH bridge endpoint contract, though there is currently no evidence of exploitation. According to NS3.AI, deposits on the ZKsync bridge have been temporarily halted as a precautionary measure, while withdrawals and transfers continue to function normally. A solution to address the issue has been prepared and is awaiting audit and deployment, which will occur following the upcoming governance vote scheduled between late March and early April.

#Lido #ZKsync #vulnerability #wstETH #bridge #NS3AI #governance #audit #crypto #security #LDO

🚀 Crypto Market Rises Across the Board As BTC Approaches $70,000

According to Odaily citing SoSoValue data, the crypto market sectors saw broad gains, with the DeFi sector performing notably, rising 4.55% in the past 24 hours. Within the sector, Hyperliquid (HYPE) gained 11.74%, Chainlink (LINK) rose 4.20%, and Uniswap (UNI) increased by 5.79%. Meanwhile, Bitcoin (BTC) rose 3.84% in the past 24 hours, approaching $70,000; Ethereum (ETH) gained 3.06%, breaking above $2,000.It is worth noting that MAG7.ssi rose 2.94%, DEFI.ssi gained 5.86%, and MEME.ssi increased by 1.52%.In other sectors, the CeFi sector rose 2.87% in the past 24 hours, with Mantle (MNT) within the sector gaining 3.29%; the Layer1 sector increased by 2.72%, with Zcash (ZEC) surging 8.86%; the NFT sector rose 2.23%, with Pudgy Penguins (PENGU) climbing 7.19%; the Layer2 sector gained 2.09%, with zkSync (ZK) rising 6.16%; the Meme sector increased by 1.63%, with PIPPIN (PIPPIN) soaring 12.38%; the PayFi sector rose 1.47%, with Dash (DASH) gaining 6.46%.The crypto sector indices reflecting historical sector performance show that the ssiDeFi, ssiRWA, and ssiNFT indices rose by 5.90%, 5.13%, and 3.07%, respectively.

#Crypto #Bitcoin #BTC #Ethereum #ETH #DeFi #Hyperliquid #HYPE #Chainlink #LINK #Uniswap #UNI #CeFi #Mantle #MNT #Layer1 #Zcash #ZEC #NFT #PudgyPenguins #PENGU #Layer2 #zkSync #ZK #Meme #PIPPIN #PayFi #Dash #DASH #ssiDeFi #ssiRWA #ssiNFT

🚀 zkSync to Unlock Significant Number of Tokens on March 17

zkSync is set to unlock approximately 17.314 million tokens on March 17 at 00:00 UTC+8. According to ChainCatcher, this token release is part of the platform's ongoing schedule. The tokens are valued at around $3.33 million. This development is being closely watched by market participants as it could impact the token's liquidity and market dynamics.

#zkSync #TokenUnlock #Cryptocurrency #Blockchain #CryptoNews #TokenRelease #MarketImpact #Liquidity #ZK