News

ZkSync Complete Its First Security Audit Conducted By OpenZeppelin

The Ethereum scaling mechanism ZkSync has passed its initial security review in advance of this year’s expansion of user access.

The audit was carried out over a four-week period by OpenZeppelin, a reputable crypto auditing company. Between subsequent audits, OpenZeppelin is offering on-demand security input and has tasked technical and security consultants to supervise the platform.

The security assessment gives consumers and protocol developers further confidence in network security.

The audit enables protocols and users to expand to the new network and conduct transactions with more confidence. For instance, some well-known decentralized financial protocols, like Uniswap and Aave, have committed to launching on the platform.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Sui Turns One: Debut Year of Growth and Tech Breakthroughs Puts Sui at Forefront of Web3

Grand Cayman, Cayman Islands, May 3rd, 2024, ChainwireProtocol launches, growth trajectory, and industry-leading technology point…

5 hours ago

$2.4B Bitcoin And Ethereum Options Set To Expire, Volatility Expected: Report

Bitcoin and Ethereum options contracts worth $2.4bn expire on May 3, potentially causing market volatility.…

6 hours ago

Robinhood Connect In The Uniswap Mobile App Now Supports Users Buying Crypto

The integration helps users with a $10 USDC reward for purchasing at least $10 of…

7 hours ago

Singapore Crypto Poker Robbery Results In 11 Victims Losing Millions Of Dollars

11 people lost property worth NT$4.34m in a Singapore crypto poker robbery, including $3.58m SGD…

8 hours ago

US-based Spot Bitcoin ETFs Draw $112M From Hong Kong Asset Managers

Hong Kong asset managers invested $112M in US-based spot Bitcoin ETFs. Yong Rong Asset Management…

9 hours ago

Arthur Hayes’ Blog: Bitcoin Hits Local Low, Predicts Rally Above $60,000!

Arthur Hayes offers insights into Bitcoin's recent performance, along with predictions for its future trajectory,…

10 hours ago

This website uses cookies.