2024-6-25 10:00 |
This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain. origin »
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The Ethereum network continues to demonstrate its remarkable presence in the cryptocurrency landscape with its scaling progress which popular market expert and head of research at Onchain Foundation, Leon Weidmann has confidently declared unstoppable, highlighting his confidence in the network’s potential in revolutionizing the sector.
The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.
DeFi protocol Kannagi Finance launched only a month ago, promising high yields for stablecoin deposits and lending. As such, the project gained a lot of hype in the zkSync community for bringing popular decentralized finance (DeFi) features to the Ethereum Layer 2 network scaling solution.
EraLend, a decentralized lending protocol operating on the zkSync Layer 2, has fallen victim to an exploit resulting in a loss of $3. 4 million. The attack was confirmed by security analysts at BlockSec, who have been assisting the protocol in addressing the issue.