NewsBriefs - Aave community votes to deploy on ZKsync network with full support

Jun 23, 6:18 PM The Block

Aave community votes to deploy on ZKsync network with full support

The Aave community has unanimously approved an early proposal to expand their lending protocol onto the Ethereum Layer 2 network, ZKsync, in partnership with BGDLabs and Catapulta. This strategic move, facilitated by an Aave Formal Request for Comments (AFRC), aims to enhance Aave by offering faster, cheaper transactions while upholding the security and decentralization standards of the Ethereum mainnet. The deployment will potentially expand the market for Aave's GHO stablecoin, reduce transaction fees, and improve scalability and interoperability with other networks. Aave also plans to redistribute an 8.3 million ZK token airdrop, valued at approximately $1.4 million, entirely to Aave users.

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• Nov 14, 1:58 PM The Block

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• Nov 14, 6:20 AM Crypto.com

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• Nov 14, 4:15 AM Cointelegraph

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• Nov 13, 5:40 PM Cointelegraph

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• Nov 13, 11:01 AM The Block

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• Nov 13, 3:30 AM Bitcoinist

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• Nov 12, 9:55 PM Cointelegraph

  Italy's government proposes reducing planned crypto tax increase to 28%

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• Nov 12, 6:39 PM Coindesk

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• Nov 12, 11:40 AM Coindesk

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• Nov 12, 7:26 AM Cointelegraph

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• Nov 11, 2:35 PM The Block

  Global crypto funds reach new peak of $116 billion in assets under management

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• Nov 10, 3:54 PM Bitcoin Sistemi

  Dogecoin surpasses XRP in market cap amid Elon Musk speculation

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• Nov 10, 2:32 PM Bitcoin Sistemi

  North Korean hackers target MacOS crypto users with new malware

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• Nov 8, 11:50 AM Deutsche Bundesbank

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