On April 10, news came that ZKFair announced that the ZKFair cross-chain bridges have been upgraded from the original ZK bridge to a multi-signature bridge, ensuring complete safety of funds, and the ZKFair cross-chain bridges can be withdrawn at any time. Previously, due to limited Prover capabilities, withdrawal speeds were slow, leading to a less-than-ideal user experience. To improve efficiency and security, all funds are now managed through multi-signature settings.
Previously, Slow Mist founder Yu Xian monitored that over 6 million USD worth of funds were deposited into Aave staking on the ZKFair L1 Bridge, and the project team's behavior is suspicious.
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ZKFair responds to concerns: the cross-chain bridge has been upgraded to a multi-signature bridge, and funds can be withdrawn at any time.
On April 10, news came that ZKFair announced that the ZKFair cross-chain bridges have been upgraded from the original ZK bridge to a multi-signature bridge, ensuring complete safety of funds, and the ZKFair cross-chain bridges can be withdrawn at any time. Previously, due to limited Prover capabilities, withdrawal speeds were slow, leading to a less-than-ideal user experience. To improve efficiency and security, all funds are now managed through multi-signature settings. Previously, Slow Mist founder Yu Xian monitored that over 6 million USD worth of funds were deposited into Aave staking on the ZKFair L1 Bridge, and the project team's behavior is suspicious.