ZKsync Airdrop of 'ZK' Token Puts Initial Market Cap Near $900M
The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.
Keep up with what's happening in the crypto world in real-time.
The layer-2 blockchain ZKsync, has kicked off its highly anticipated airdrop of its ZK token, with 45% of the tokens already claimed.
Binance has made big news in cryptocurrency by listing zkSync's ZK token and launching a distribution program to boost community involvement. Mixed Reactions to Trading Pair Selection zkSync's ZK token, renowned for its layer 2 scaling solution on Ethereum using zero-knowledge proofs (ZK), will start trading on Binance on June 17th.
ZK token launch on multiple exchanges sees price fluctuations while zkSync manages network strain and scam threats.
Zksync's token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency's market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market capitalizations, ranking at 90th.
TL;DR Binance will include the ZKsync (ZK) token on its platform starting June 17, 2024, allowing trading in various pairs. More than 10.5 million ZK tokens will be distributed to 52,500 users who were not eligible for the ZK Nation airdrop, based on transactions in ZKsync Era between February 2023 and March 2024.
The ZKsync token, currently priced at around $0.25, went live on Monday and has been listed with various trading pairs on Binance.
Binance, the largest cryptocurrency exchange platform by volume, has announced it will list zkSync (ZK) on Monday, June 17th. The ZK token will be listed with multiple trading pairs.
Crypto exchange Binance announced the listing of Zksync (ZK) trading pairs and a token distribution program aimed to alleviate community concerns about the token airdrop. Starting at 10:00 (UTC) on Jun.
Polygon, StarkWare, and Polyhedra have vehemently opposed zkSync's use of the ZK ticker and have demanded that Matter Labs withdraw its trademark application for “zero knowledge.”
In a surprising move, Matter Labs, the crypto startup behind zkSync, has filed trademark applications for zero-knowledge (ZK) technology in nine countries. This action has sparked outrage within the ZK community, with Polygon (MATIC) and StarkWare Ltd.
Polyhedra, Polygon, and StarkWare demand Matter Labs withdraw its trademark application for "zero-knowledge."
Nubit x Polyhedra has announced a partnership that will improve the overall Bitcoin ecosystem. According to Nubit, its collaboration with Polyhedra will result in an improved ecosystem for the Bitcoin network.