ChainCatcher news, according to Coindesk, informed sources say that the cryptocurrency exchange Kraken is in talks with several blockchain technology companies to collaborate on launching its own Layer 2 network. Sources revealed that Kraken is considering companies like Polygon, Matter Labs, and Nil Foundation to use their technology as the foundation for the new network.This move will align Kraken with its competitor Coinbase in launching its own Layer 2 network.Recently, Kraken added relevant job postings on its website, seeking a "Senior Cryptography Engineer" with "knowledge of modern cryptography (including ZK proofs)," whose job responsibilities may include "designing and implementing Layer 2 solutions."

ChainCatcher news, ZK technology developer Nil Foundation announced that the zkOracle circuit built using zkLLVM has been approved for development funding from the Lido ecosystem. The zkOracle circuit, customized according to Lido's requirements, can automatically execute trustless access to historical data within the Ethereum EVM, providing zk-based trustless validity checks for Lido's accounting reports, and improving the stETH reward and issuance mechanisms.According to the introduction, the rewards for Lido staking users are distributed to stETH holders based on regular accounting reports, which reportedly contain information such as the total locked value of the collateral, the number of active/exiting validators, withdrawal and reward balances, etc. If the accounting report (or its validation) is compromised, the reward process will also be affected. Therefore, the report must be as secure as possible, and the zkOracle based on zkLLVM can achieve trustless verification of key parts of the report.

ChainCatcher news, ZK developer Nil Foundation announced the launch of Proof Market on Ethereum Sepolia, enabling Ethereum applications to execute computations on demand in various ways, including zkBridging, zkRollups, etc., providing computational composability for EVM applications. Potential use cases include machine learning, Ethereum data processing, data transmission, fraud proofs, and more.

ChainCatcher news, ZK developer Nil Foundation has announced a partnership with semiconductor startup Fabric to accelerate the deployment of zero-knowledge proofs.Previous news, ZK developer Nil Foundation launched the zkLLVM new technology, aimed at simplifying the workload of ZK developers. In addition, Fabric Cryptography is developing a general-purpose processor for "next-generation cryptography," including ZK proofs, called the Verifiable Processing Unit (VPU), which will achieve "significant performance advantages" when the zkLLVM software runs on Fabric's hardware, to accelerate the implementation of ZK proofs.

ChainCatcher news, ZK technology developer Nil Foundation has released a new technology called zkLLVM, which enables developers to build zero-knowledge circuits using popular programming languages Rust and C++, thereby reducing workload. LLVM stands for "Low-Level Virtual Machine," referring to a set of open-source code libraries that developers use to "compile" readable code into a format that computers can interpret.It is reported that the zkLLVM project will also automatically integrate with the ZK proof marketplace recently announced by Nil Foundation, which was created to help ZK teams share their workload and outsource certain types of computation to third parties. (Source link)