ChainCatcher news, Polygon co-founder Sandeep stated on social media that he has been doing a lot of strategic work for Polygon over the past 18 months, especially fully transforming Polygon into a leading ZK protocol. Most of the transformation work has been completed, so he will take over as CBO.

ChainCatcher news, according to The Block, the ZK protocol Hinkal has completed a $1.4 million strategic funding round, led by SALT Fund, with participation from Draper Associates, SNZ Capital, and Peer VC.Hinkal co-founder and CTO Nika Koreli stated that the structure of this funding round is a simple future equity (SAFE) and token warrant agreement, which brings Hinkal's valuation to $70 million.

ChainCatcher news, the decentralized finance innovation company LeverFi announced the launch of the OmniZK protocol, a secure verification protocol designed to enhance Bitcoin's scalability, logical construction, and interoperability.