zk.money has returned after three years, offering self-custodial private payments through Aztec while Ethereum deposits remain publicly traceable. Users can deposit DAI, USDC or USDT, with the latter two converted to DAI before payments move privately inside the system.
The short-duration fund targets an approximately 7% yield, settles in USDC or fiat and requires a $100 minimum investment from eligible professional investors.
Aztec Labs has relaunched zk.money on the Aztec Network, bringing back its private payment wallet after a three-year absence and offering users self-custody of their funds. In a Sep. 29 announcement shared with crypto.
Aztec Labs' zk.money relaunch could redefine DeFi privacy standards, potentially boosting adoption and innovation in private financial transactions. Aztec Labs relaunches zk.money for private payments on Ethereum.
The relaunched wallet hides payments made on the Aztec Network, while deposits from Ethereum remain visible.
Aztec Labs has relaunched zk.money, a self-custodial privacy wallet, on Aztec Network after discontinuing the original product in 2023.
Ether was trading at $2,698 on Binance spot at 11:08 a.m. ET, down from $2,714 15 minutes earlier.
SharpLink said its cumulative staking rewards have reached 28,351 Ether after earning 406 ETH this week.
Ethereum's Glamsterdam upgrade is scheduled to activate on the Sepolia testnet on October 6 at 13:53:36 UTC, according to the Ethereum Foundation. The upgrade combines the Amsterdam execution-layer changes with the Gloas consensus-layer update, while Sepolia node operators must upgrade both execution and consensus clients before activation.
The newly created address moved about $39.7 million worth of Ether from the two exchanges over the period.
An Ethereum whale that bought 3,000 ETH at $18.80 eight years ago sold another 1,000 ETH for about $2.68 million on September 29, according to Lookonchain. The latest sale brings the holder's total disposals to 2,000 ETH worth $6.19 million, with the position delivering an estimated 156x return from its original purchase price.
Its remaining ETH gap is about $280 million at the company's reference price, against $672 million in reported cash and securities.