Zircuit Gains $3.5B in Staked Assets as Binance Labs Invests in AI-Powered Rollup Network

  • Binance Labs has strategically invested in Zircuit, a zero-knowledge roll-up network integrating AI-enabled sequencer-level security.
  • Zircuit has marked significant milestones with over $3.5 billion in staked assets and more than 1,100 participants in its “Build to Earn” initiative.
  • Binance also enhances its Futures Copy Trading Platform by adding USDS-M contracts.

Discover how Binance Labs’ investment in Zircuit is revolutionizing blockchain security with its innovative AI-driven zero-knowledge roll-up network.

Binance Labs Invests in Pioneering Blockchain Security with Zircuit

Zircuit, a forward-thinking layer 2 on-chain security protocol, has secured investment from Binance Labs. This zero-knowledge roll-up network aims to mitigate malicious attacks and smart contract violations using advanced AI-enabled sequencer-level security combined with intrinsic security measures.

Advancing Security Without Compromise

The hybrid architecture of Zircuit integrates well-established rollup infrastructure with zero-knowledge proofs to deliver seamless user security. The network’s efficient and cost-effective operation is accomplished by deconstructing circuits into distinct units and consolidating proofs.

Yi He, Co-founder of Binance and Head of Binance Labs, mentioned, “At Binance Labs, we endorse projects that are pushing the envelope in Web3 and pushing the blockchain sector forward. With its sequencer-level security, Zircuit offers a fortified L2 solution, and we are eager to see its progression.”

Industry Enthusiasm and Collaboration

Dr. Martin Derka, Co-Founder of Zircuit, conveyed enthusiasm regarding Binance Labs’ investment, remarking, “We’re excited to work alongside Binance Labs on this ambitious venture.” Zircuit’s development is rooted in advanced scaling and security research, aiming to secure Ethereum blockchain users.

Zircuit’s Growing Ecosystem

Slated for a mainnet launch this summer, Zircuit is creating substantial buzz within the crypto community. The network has surpassed $3.5 billion in staked assets and has attracted over 1,100 “Build to Earn” program applicants. Prominent industry entities such as Renzo, Elixir, Ambient, Pendle, LayerZero, Ether.fi, and KelpDAO have joined as launch partners, underscoring Zircuit’s impactful presence in the blockchain ecosystem.

Conclusion

Zircuit is redefining blockchain security with its zero-knowledge roll-up network and AI-driven mechanisms. Through the support of Binance Labs and the growing interest from the crypto community, Zircuit is poised to be a significant player in the decentralized finance landscape, promising enhanced security and operational efficiency for Ethereum blockchain users.

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Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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