Matter Labs

Art installation reminiscent of digital ecosystems
Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain
The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.
Art installation reminiscent of digital ecosystems

Like the suitors courting Penelope in the Odyssey, Ethereum's biggest layer-2 teams are vying to win over the Celo blockchain. (John William Waterhouse, via Wikipedia.)
Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money
A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like "The Bachelorette," w...
Like the suitors courting Penelope in the Odyssey, Ethereum's biggest layer-2 teams are vying to win over the Celo blockchain. (John William Waterhouse, via Wikipedia.)

Cronos Labs Managing Director Ken Timsit (Ken Tismit)
Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains”...
Cronos Labs Managing Director Ken Timsit (Ken Tismit)

Ethereum co-founder Vitalik Buterin (Bradley Keoun/modified by CoinDesk)
Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain
Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas...
Ethereum co-founder Vitalik Buterin (Bradley Keoun/modified by CoinDesk)

A Celo-sponsored claw machine where attendees could win merchandise items. (Lyllah Ledesma/CoinDesk)
Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move
With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.
A Celo-sponsored claw machine where attendees could win merchandise items. (Lyllah Ledesma/CoinDesk)

(Shubham Dhage/Unsplash)
The Protocol: Kraken Awakens – as Ethereum L2 Candidate
In this week's edition of The Protocol newsletter, we look into how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase's recent launch o...
(Shubham Dhage/Unsplash)

Kraken Chairman Jesse Powell (CoinDesk)
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people...
Kraken Chairman Jesse Powell (CoinDesk)

(Ariel Waldman/Flickr)
The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?
Amidst the challenges posed by the crypto winter, Ethereum layer-2 developers such as OP Labs, Polygon, and Matter Labs are competing for contracts within the Celo blockchain'...
(Ariel Waldman/Flickr)

Buenos Aires (Unsplash)
Buenos Aires Releases Blockchain Digital Identity Solution Powered by zkSync's ZK Proofs
Citizens of Buenos Aires can access the identity solution, the QuarkID wallet, where they can store their birth and marriage certificates, according to the city government.
Buenos Aires (Unsplash)

U.S. Supreme Court (Al Drago/Getty Images)
‘Ethereum Supreme Court’ Mooted by Blockchain Executive as Alternative to ‘Code Is Law’
A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.
U.S. Supreme Court (Al Drago/Getty Images)