ChainCatcher news, the privacy data oracle protocol zkPass has completed a $12.5 million Series A funding round with a token valuation of $100 million, with participation from dao5, Animoca Brands, Flow Traders, Amber Group, IOBC Capital, Signum Capital, MH Ventures, and WAGMI Ventures. The Series A funding brings zkPass's total funding to $15 million.The zkPass token is expected to launch in the first quarter of next year.According to RootData, zkPass is a privacy data protocol that utilizes 3P-TLS and hybrid ZK technology, providing tools and applications for secure and verifiable data sharing from any HTTPS website without the need for Oauth API, while ensuring privacy and integrity guarantees.

ChainCatcher news, the ZKP acceleration project Cysic Network announced a partnership with Ethereum L2 Scroll to integrate zero-knowledge computing capabilities into the blockchain to accelerate Ethereum's scalability.It is reported that the focus of this collaboration is to enhance the transaction efficiency and security on the Ethereum blockchain by integrating Cysic's cutting-edge zero-knowledge (ZK) computing technology.Cysic is known to be developing two hardware products, ZK Air and ZK Pro, which are planned to be launched in 2025. These two products are designed to manage a large number of transactions without compromising speed or security. Cysic stated that it will prioritize "supporting the latest verification technology of Scroll on hardware products." ZK Air is a portable solution that accelerates the generation of ZK proofs in various environments. ZK Pro is designed similarly to traditional mining equipment, focusing on enhancing the generation of ZK proofs for large-scale applications.At the same time, Cysic's testnet Cysic Network is set to launch Phase II this month, allowing users to participate in Scroll's ZKP proofs and acceleration by contributing computing power and earning rewards.

ChainCatcher news, the ZKsync ecosystem meme project ZKPEPE announced that it will respond to the community's call to migrate from ZKsync to Arbitrum and will be renamed ARBPEPE.In addition, the official team will conduct a new token airdrop for holders of ZKPEPE and ARB, and the amount of the airdrop can now be checked on the official website.

ChainCatcher news, according to official sources, Zulu Network has open-sourced the first ZKP verification code implemented in Bitcoin scripts, involving the mainstream algorithms Groth16/FFlonk, and has submitted the code to the BitVM repository.This achievement lays the foundation for building a decentralized cross-chain bridge based on BitVM2. Zulu's next goal is to launch a trust-minimized Bitcoin cross-chain bridge using cross-chain technology and BitVM2. Previously, BitVM creator Robin Linus stated that the snark verifier in Bitcoin scripts is a significant milestone for the future development of Bitcoin.Based on the current script size, Zulu Network only needs to split the entire ZKP script into fewer than 2000 sub-scripts. "We are very grateful to all contributors to the BitVM repository, including Robin Linus, Weikeng Chen, and we also want to thank Andrija Novakov and Liam Eagen, whose recent paper 'On Proving pairs' greatly reduced the overall size of the script."

ChainCatcher news, Xinxin Fan, the chief scientist of the IoTeX research team, published a paper on accelerating ZKP (Zero-Knowledge Proof) algorithms in IACR (International Association for Cryptologic Research), proposing a solution that enhances the performance of ZK-SNARK systems by 20% to 40%, applicable to all ZK-SNARK systems. The paper has been included in the ZK Newsletter and selected as a Top Pick alongside Vitalik's latest article. The IoTeX research team stated that this solution represents a breakthrough in the field of zero-knowledge proofs.The proposal in the paper regarding the MSM algorithm to improve the performance of ZK-SNARK systems will first be applied in the off-chain data computation module W3bstream of the IoTeX ecosystem, providing proof support for physical devices and off-chain data, making it easier for DePIN projects to be built on-chain.

ChainCatcher news, Web3 game engine and application Rollup developer Zypher Games has announced a brand upgrade to Zypher Network. Zypher Network officially launches product lines such as the ZKP and AI-driven high-performance game engines Secret Engine and AW Engine, as well as the on-chain game dedicated Layer 3 one-click chain deployment suite Zytron, and releases a new version of its white paper.In order to support developers and build the game ecosystem, the former Zypher Games will focus on the operation of on-chain game platforms, game publishing, and the growth of platform TVL.It is reported that previously Zypher Network announced a strategic partnership with Risc Zero and announced the development of a Layer 3 Rollup Stack dedicated to on-chain games, which will achieve a 0.2s block time and zero Gas network experience.

ChainCatcher news, according to official sources, Galxe has announced the official launch of its Galxe Identity Protocol mainnet. This protocol uses ZKP technology to allow the verification of encrypted data without exposing the data itself.It is reported that the Galxe Identity Protocol can be used for anti-witch hunting, reputation systems, credit systems, achievement systems, personal data markets, authentication, decentralized censorship systems, and more.