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Category Matter Labs

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Matter Labs, ZKsync Developer, Sued for Alleged Intellectual Property Theft

Matter Labs, ZKsync Developer, Sued for Alleged Intellectual Property Theft

Defunct blockchain firm BANKEX said two ex-employees stole its technology to build ZKsync, but a spokesperson at Matter Labs called the allegation ...
Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain

Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain

Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bulli...
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift

Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolvi...
Matter Labs Restructures, Lays Off 16% of Team

Matter Labs Restructures, Lays Off 16% of Team

The company made the move to adapt to "the different type of technology and support" that developers building on ZKsync now require.
ZKsync Developer's New 'Elastic Chain' Could Compete With Polygon's AggLayer

ZKsync Developer's New 'Elastic Chain' Could Compete With Polygon's AggLayer

This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.