How our security systems are prepared to protect in a constantly evolving protocol — Upgradability, the Conduit for Innovation At this stage of early growth, zkSync is a rapidly evolving protocol, which requires the zkSync protocol to remain upgradable. If we were to give up upgradability, it would require all users and developers to withdraw and deposit to migrate into the new version every six months. …

Banxa integration of zkSync will offer access to the industry-leading zero-knowledge scaling protocol, accelerating secure access to Layer 2 (L2) for the Ethereum network — Banxa, the world’s first listed payment service provider (PSP) and RegTech platform for the digital assets industry will integrate its fiat on-ramp platform with zkSync’s wallet. Banxa will eliminate the expensive intermediate step of depositing and withdrawing through Ethereum mainnet by supporting direct fiat onramp and offramps to zkSync’s Layer…

Fear the purple! Today we are ecstatic to announce that Tenderly, a developer platform widely used by Ethereum developers to monitor and test smart contracts, will be supporting zkSync! This integration is yet another crucial piece in ensuring a feature-rich yet familiar developer experience on zkSync. In addition to its…

Bonded by our shared values of maximum decentralization, we are excited to announce that decentralized indexing protocol The Graph is integrating with zkSync to provide an efficient way to query blockchain data. In addition to EVM-Compatibility, many DeFi and NFT protocols rely on The Graph — a critical piece of…

Matter Labs is pleased to announce that Crypto.com Capital has joined Matter Labs as a strategic funding partner to bring the power of zero-knowledge scaling technology to consumers globally. “Crypto.com Capital is pleased to support Matter Labs in their $50mm Series B funding round as they continue to build zkSync…

Covalent, a provider of indexing solutions for blockchains, is integrating with zkSync, expanding the availability of data on zkSync and simplifying the experience for developers who need reliable, high-quality data. The integration will provide a unified API to bring full transparency and visibility to assets across zkSync. zkSync 2.0 is…

We are thrilled to announce the addition of Blockchain.com Ventures as a strategic funding partner to Matter Labs’ zkSync protocol. Blockchain.com, a leading global crypto services firm, is excited to leverage the zkSync network to scale crypto. “As the crypto sector increasingly goes mainstream and more on-chain use cases emerge…

Following the strategic investment by Huobi Ventures in Matter Labs’ recent round of funding, Huobi Global is partnering with zkSync, the first EVM-Compatible ZK Rollup developed by Matter Labs, to provide easy access to a faster and cheaper blockchain experience at the same level of security as Ethereum. Transacting on…

An updated approach to navigating the balance between security and upgradability — In May, we announced our 3-Factor Approach to security, which included the creation of a security council that could shorten our 4-week upgrade timelock to 3 days in cases of critical bugs. After an internal reassessment, we have decided to change the parameters of the security council. Back to the root problem! During the initial…