gm, readers.
At Automata we work on protecting privacy and fairness. And in this newsletter, we find more reasons to talk about it. Explore headlines and catch up on the biggest crypto news in Web3 privacy.
This week:
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Security breach by TrueCoin’s third-party vendor compromises TUSD user data
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Oasis introduces Testnet Upgrade for Oasis Core 23.0, Mainnet Upgrade to follow
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Secret Network upgrades to version 1.12
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Private wstETH to launch on Shade Protocol
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Shade Protocol unveils ETH Bridge v2 for users to leverage private-preserving DeFi
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EU data privacy watchdog advocates Central Bank Digital Currency (CBDC) to safeguard citizens’ privacy
Op-Ed:
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CoinTelegraph writes about the potential for zero-knowledge proofs to advance privacy and truth in the realm beyond Web3
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Entrepreneur Europe explores the role of Web3 in preserving digital sovereignty and privacy of citizens in the EU and Europe
Zooming into ZK:
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Layer-2 zkEVM Scroll Network launches on Mainnet; 1RPC support enabled
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Manta migrates from OP Stack to Polygon CDK to build a modular zkEVM network
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Microsoft veteran joins Matter Labs to promote zk technology and web3 freedom with zkSync
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Legend Games, the omnichain gaming infrastructure powered by zkBridge, launches
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zkBridge Fast Finality launches on opBNB chain
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Particle Network v2 introduces zkWaaS (zero-knowledge Wallet-as-a-Service)
X Spaces you missed:
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Nym CEO shares more about Nym’s roadmap and upcoming VPN
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Aztec, Oasis, Secret and others unite for Global Encryption Day, emphasizing the vital role of encryption in safeguarding privacy rights
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Polyhedra chats with OKX Ventures on its next generation ZKP infrastructure
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Panther and PureFi work together to progress privacy-preserving DeFi
We dive into the details, so you don’t have to:
Scroll, a native zkEVM scaling solution for Ethereum, has witnessed a remarkable 1131.52% increase in its Total Value Locked (TVL), soaring to $5.87 million at the time of writing since its Mainnet launch was officially announced. 1RPC has added support for Scroll Mainnet from the moment the native zkEVM goes live, with https://1rpc.io/scroll as a privacy-protected endpoint for the Scroll community to safeguard themselves from metadata exposure within Web3.
https://twitter.com/1rpc_/status/1714279829997326349?s=20
Manta Pacific is teaming up with Polygon Labs to transition to zkEVM using Polygon Chain Development Kit (CDK). By adopting ZK technology, Manta achieves transaction finality in minutes, offering superior security based on mathematical integrity. Polygon CDK's modularity and sovereignty has also been cited as a better fit for Manta’s unique ZK dApp ecosystem. The modular blockchain plans to leverage a trustless ZK bridge to Ethereum, enabling atomic L2-to-L2 transactions and expanding liquidity access for dApps.
Particle Network recently unveiled Particle Network's v2, featuring zkWaaS and the Intent Fusion protocol, aimed at establishing an Intent-centric, Modular Access Layer of Web3. In response to the EVM ecosystem's shift towards Smart Accounts, Particle Network open-sourced the Particle Network Bundler Typescript implementation, serving as an ERC-4337 Bundler streamlining transactions across Ethereum and other EVM networks. The Particle Bundler simplifies transactions, supports various chains, and ensures efficient transaction processing, fostering widespread adoption of Particle's account abstraction bundler within diverse blockchain ecosystems.
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This newsletter is for informational purposes only. It is not intended to be a substitute for professional financial advice or interpreted as investment advice. Cryptocurrencies are volatile assets and you should always do your own research before making any informed decisions when investing or trading.