MatterLabs
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🌐 **Clave's Funding Milestone** 💰
📅 **Date: Feb 25, 2024**
🚀 **Funding Round: Pre-Seed**
- **Amount Raised: $1.6 Million**
- **Lead Investor: Matter Labs**
- **Participants: LambdaClass, Safe (formerly Gnosis Safe), Mirana Ventures**
📜 **About Clave:**
- Clave is an intelligent contract wallet platform based on account abstraction.
- Focus on changing user interaction with blockchain through innovative features.
- Key features include transaction simulators like 'intent', session key modules, and security modules.
💡 **Utilization of Funds:**
- Accelerate the development of zkSync software.
- Promotion of the activation of EIP-7212 in the Ethereum community post ETHDenver.
🔗 **Industry Impact:**
- Clave's funding reflects growing interest in intelligent contract wallets and blockchain interaction.
- Potential advancements in zkSync technology contribute to the broader blockchain ecosystem.
🌱 **Future Initiatives:**
- The funding positions Clave to pursue further development and community engagement initiatives.
- Potential impact on Ethereum community dynamics with the activation of EIP-7212.
#CLAVE #Write2Earn #cryptonews #TrendingTopic #MatterLabs
📅 **Date: Feb 25, 2024**
🚀 **Funding Round: Pre-Seed**
- **Amount Raised: $1.6 Million**
- **Lead Investor: Matter Labs**
- **Participants: LambdaClass, Safe (formerly Gnosis Safe), Mirana Ventures**
📜 **About Clave:**
- Clave is an intelligent contract wallet platform based on account abstraction.
- Focus on changing user interaction with blockchain through innovative features.
- Key features include transaction simulators like 'intent', session key modules, and security modules.
💡 **Utilization of Funds:**
- Accelerate the development of zkSync software.
- Promotion of the activation of EIP-7212 in the Ethereum community post ETHDenver.
🔗 **Industry Impact:**
- Clave's funding reflects growing interest in intelligent contract wallets and blockchain interaction.
- Potential advancements in zkSync technology contribute to the broader blockchain ecosystem.
🌱 **Future Initiatives:**
- The funding positions Clave to pursue further development and community engagement initiatives.
- Potential impact on Ethereum community dynamics with the activation of EIP-7212.
#CLAVE #Write2Earn #cryptonews #TrendingTopic #MatterLabs
#ChainLight , a #blockchain security audit firm, discovered a critical vulnerability in the #zkSyncEra protocol, potentially risking a $1.9 billion loss if exploited. The vulnerability was located in zkSync Era's zk-circuits, designed to validate transaction data securely. A malicious actor could manipulate transactions within a block and have them falsely verified, causing layer-1 smart contracts to accept these fraudulent proofs.
However, the protocol had robust security measures in place, making it challenging to exploit unless the attacker had privileged access to Matter Labs, the infrastructure team behind zkSync Era. The attacker would need access to the protocol's backend or validator private key, and endure a 21-hour waiting period for fund extraction due to an execution delay.
#MatterLabs quickly addressed the issue after ChainLight's report, and the security firm was rewarded with 50,000 #usdc for discovering the bug. The bug was not part of existing bug bounty programs, but its impact warranted recognition. Matter Labs expressed a commitment to collaborating with ChainLight and other security-focused organizations, emphasizing the importance of multi-layer defense architectures to prevent single points of failure in security.
However, the protocol had robust security measures in place, making it challenging to exploit unless the attacker had privileged access to Matter Labs, the infrastructure team behind zkSync Era. The attacker would need access to the protocol's backend or validator private key, and endure a 21-hour waiting period for fund extraction due to an execution delay.
#MatterLabs quickly addressed the issue after ChainLight's report, and the security firm was rewarded with 50,000 #usdc for discovering the bug. The bug was not part of existing bug bounty programs, but its impact warranted recognition. Matter Labs expressed a commitment to collaborating with ChainLight and other security-focused organizations, emphasizing the importance of multi-layer defense architectures to prevent single points of failure in security.
zkSync's Activity Hits Rock Bottom:
August was a dismal month for zkSync, with a mere ONE unique wallet transferring funds to the network from the 25th to the 31st. But, in a surprising turn of events, this number doubled yesterday! 🔥 Still, the overall trend is alarming.
Users and Transactions in Free Fall
The number of users and transactions on the network is plummeting, leaving many to wonder if zkSync has reached the end of the road.
Matter Labs Announces Layoffs
In a recent move, Matter Labs, the creators of zkSync, announced a 16% layoff. This decision raises questions about the future of the project.
The Community's Verdict
"No drop — no community!" The silence from zkSync's once-loyal followers is deafening. Has the project lost its momentum for good?
Stay tuned for further updates on this developing story!
#ZkSync #MatterLabs #layoffs #Write2Earn! #dappSOtheFutureIntents
Users and Transactions in Free Fall
The number of users and transactions on the network is plummeting, leaving many to wonder if zkSync has reached the end of the road.
Matter Labs Announces Layoffs
In a recent move, Matter Labs, the creators of zkSync, announced a 16% layoff. This decision raises questions about the future of the project.
The Community's Verdict
"No drop — no community!" The silence from zkSync's once-loyal followers is deafening. Has the project lost its momentum for good?
Stay tuned for further updates on this developing story!
#ZkSync #MatterLabs #layoffs #Write2Earn! #dappSOtheFutureIntents
Crypto Trader Makes Massive Profits on Trump-Inspired Meme Coins
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
#Trump #Bitcoin #Ethereum #memecoins #MatterLabs $BTC $ETH $BNB
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
#Trump #Bitcoin #Ethereum #memecoins #MatterLabs $BTC $ETH $BNB
Crypto Trader Makes Massive Profits on Trump-Inspired Meme Coins
A crypto trader capitalized on Donald Trump’s legal troubles, profiting from a surge in newly launched meme coins related to the ex-US president.
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Following this revelation, numerous meme coins inspired by Donald Trump flooded the market, with some experiencing rapid and substantial growth, generating significant profits for investors.
Trader Profits $160,000 from Trump’s Conviction
A crypto trader recently capitalized on the launch of new meme coins inspired by Donald Trump. According to Loockonchain analytics, the trader initially invested 85 SOL tokens, equivalent to $14.6K, in FREE TRUMP tokens. Within five hours, these tokens surged in value to 814 SOL, totaling $140,000, resulting in a staggering profit of $125,000.
Loockonchain post. Source: X
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Continuing their successful streak, the trader then invested 72 SOL tokens, valued at $12.3K, in NEVER SURRENDER (TRUMP). After the prices soared, the trader sold them for 315 SOL, worth $54K, earning a profit of 243 SOL or $42,000.
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
In total, the trader spent $26.9K and reaped $167,000 in profits within just a few hours due to well-timed investments.
This scenario is not unique, as the crypto industry attracts numerous opportunistic traders who swiftly capitalize on market trends, generating significant returns. This trend has normalized substantial profits for investors in Solana-based meme coins, as Solana continues to be a preferred network for launching such tokens. The continuous influx of new meme coins on the Solana network fuels excitement and speculation among investors.
Trump-Inspired Meme Coins: Market Update
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
FREE TRUMP (FREE): At the time of writing, FREE TRUMP (FREE) is trading at $0.04018, reflecting a 12% increase from yesterday’s levels. The meme coin boasts a market capitalization of $4 million and a robust trading volume of $3.35 million. Despite a decline from its peak of $0.0755, FREE’s price is currently on an upward trajectory.
FREE TRUMP gained significant attention when its price surged by 633% at the time of Donald Trump’s verdict, resulting in substantial profits for crypto traders.
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
NEVER SURRENDER (TRUMP): Meanwhile, NEVER SURRENDER (TRUMP) continues its upward momentum, witnessing a remarkable surge of 121.78%. This surge has propelled its price to $0.00001703. In a short span, the meme coin has garnered significant popularity, achieving a market capitalization of $6.4 million and a trading volume of $9.03 million.
Both FREE TRUMP and NEVER SURRENDER (TRUMP) exemplify the fervent interest and speculative activity surrounding Trump-themed meme coins in the cryptocurrency market.
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Trump #Bitcoin #Ethereum #memecoins #MatterLabs $BTC $ETH $BNB
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
Following this revelation, numerous meme coins inspired by Donald Trump flooded the market, with some experiencing rapid and substantial growth, generating significant profits for investors.
Trader Profits $160,000 from Trump’s Conviction
A crypto trader recently capitalized on the launch of new meme coins inspired by Donald Trump. According to Loockonchain analytics, the trader initially invested 85 SOL tokens, equivalent to $14.6K, in FREE TRUMP tokens. Within five hours, these tokens surged in value to 814 SOL, totaling $140,000, resulting in a staggering profit of $125,000.
Loockonchain post. Source: X
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
Continuing their successful streak, the trader then invested 72 SOL tokens, valued at $12.3K, in NEVER SURRENDER (TRUMP). After the prices soared, the trader sold them for 315 SOL, worth $54K, earning a profit of 243 SOL or $42,000.
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
In total, the trader spent $26.9K and reaped $167,000 in profits within just a few hours due to well-timed investments.
This scenario is not unique, as the crypto industry attracts numerous opportunistic traders who swiftly capitalize on market trends, generating significant returns. This trend has normalized substantial profits for investors in Solana-based meme coins, as Solana continues to be a preferred network for launching such tokens. The continuous influx of new meme coins on the Solana network fuels excitement and speculation among investors.
Trump-Inspired Meme Coins: Market Update
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
FREE TRUMP (FREE): At the time of writing, FREE TRUMP (FREE) is trading at $0.04018, reflecting a 12% increase from yesterday’s levels. The meme coin boasts a market capitalization of $4 million and a robust trading volume of $3.35 million. Despite a decline from its peak of $0.0755, FREE’s price is currently on an upward trajectory.
FREE TRUMP gained significant attention when its price surged by 633% at the time of Donald Trump’s verdict, resulting in substantial profits for crypto traders.
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
NEVER SURRENDER (TRUMP): Meanwhile, NEVER SURRENDER (TRUMP) continues its upward momentum, witnessing a remarkable surge of 121.78%. This surge has propelled its price to $0.00001703. In a short span, the meme coin has garnered significant popularity, achieving a market capitalization of $6.4 million and a trading volume of $9.03 million.
Both FREE TRUMP and NEVER SURRENDER (TRUMP) exemplify the fervent interest and speculative activity surrounding Trump-themed meme coins in the cryptocurrency market.
Claim Instant $200 USD Worth of 200,000 DUNKI MUNKI Memecoins Free On WWW.DUNKIMUNKI.XYZ
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Trump #Bitcoin #Ethereum #memecoins #MatterLabs $BTC $ETH $BNB
Discover how Matter Labs and Chainlink Labs partnership, integrating Chainlink Price Feeds on zkSync, propels Ethereum's scaling and Web3 adoption.
$LINK #Chainlink #ZkSync #MatterLabs
https://blockchainreporter.net/matter-labs-and-chainlink-labs-forge-partnership-to-enhance-zksync-with-scale-program/
$LINK #Chainlink #ZkSync #MatterLabs
https://blockchainreporter.net/matter-labs-and-chainlink-labs-forge-partnership-to-enhance-zksync-with-scale-program/
Matter Labs, the team behind ZkSync, gave up on trying to trademark "ZK" after facing criticism from the crypto community.
The company had previously filed to trademark the term "zero-knowledge" (ZK) in nine countries, which sparked a dispute with Polyhedra Network over the use of ZK as a ticker symbol.
#ZkSync #zkSyncDevelopment #MatterLabs #ZK #StartInvestingInCrypto
The company had previously filed to trademark the term "zero-knowledge" (ZK) in nine countries, which sparked a dispute with Polyhedra Network over the use of ZK as a ticker symbol.
#ZkSync #zkSyncDevelopment #MatterLabs #ZK #StartInvestingInCrypto
Matter Labs, the company behind ZKsync, has released a new roadmap called ZKsync 3.0, which aims to enhance ecosystem connectivity.
The core of ZKsync 3.0 is the v24 upgrade, which introduces an "Elastic Chain" concept.
The Elastic Chain allows multiple chains in the ZKsync ecosystem to be connected, giving users the feeling of using a single chain.
$ZK #ZkSync #zkSyncEra #MatterLabs #BinanceTournament #Megadrop
The core of ZKsync 3.0 is the v24 upgrade, which introduces an "Elastic Chain" concept.
The Elastic Chain allows multiple chains in the ZKsync ecosystem to be connected, giving users the feeling of using a single chain.
$ZK #ZkSync #zkSyncEra #MatterLabs #BinanceTournament #Megadrop
⚡️ Cronos rolls out Cronos zkEVM chain based on Matter Labs’ software tools
Cronos has announced the launch of its new layer-2 network, based on Matter Labs’ software tools. While the mainnet is scheduled for Q2 2024, testnet, powered by zkSync’s ZK Stack software kit developed primarily by Matter Labs, will add a new chain to Cronos’ existing ecosystem next year.
#Cronos $CRO #MatterLabs #ZkSync
Cronos has announced the launch of its new layer-2 network, based on Matter Labs’ software tools. While the mainnet is scheduled for Q2 2024, testnet, powered by zkSync’s ZK Stack software kit developed primarily by Matter Labs, will add a new chain to Cronos’ existing ecosystem next year.
#Cronos $CRO #MatterLabs #ZkSync
#Cryptocom’s #Cronos partners with #MatterLabs to develop new #Layer2 network.
Cronos Labs unveils the rollout of a new layer-2 network - "Cronos zkEVM chain." New chain is initially being launched as a test network, utilizing Matter Labs' software tools, which facilitate the creation of new Layer-2 and #Layer3 "hyperchains" on the Ethereum platform. This testnet, powered by zkSync’s ZK Stack software kit primarily developed by Matter Labs, will introduce a new chain to complement Cronos' existing ecosystem, which presently includes the Cronos EVM blockchain and Cronos PoS chain.
👉 www.coindesk.com/tech/2023/12/14/cronos-partner-of-cryptocom-to-start-layer-2-network-with-matter-labs/
Cronos Labs unveils the rollout of a new layer-2 network - "Cronos zkEVM chain." New chain is initially being launched as a test network, utilizing Matter Labs' software tools, which facilitate the creation of new Layer-2 and #Layer3 "hyperchains" on the Ethereum platform. This testnet, powered by zkSync’s ZK Stack software kit primarily developed by Matter Labs, will introduce a new chain to complement Cronos' existing ecosystem, which presently includes the Cronos EVM blockchain and Cronos PoS chain.
👉 www.coindesk.com/tech/2023/12/14/cronos-partner-of-cryptocom-to-start-layer-2-network-with-matter-labs/