L2 blockchain zkSync has launched the ZK Nation community, designed to govern, protect, and develop the ZKsync protocol.

Next week, zkSync is set to conduct its long-awaited ZK airdrop.

Sources from DLNews reveal that the L2 blockchain ZKsync developers have committed about 0.5% of all issued tokens to the decentralized social network Lens Protocol to ensure its launch on their platform. Although the precise number is undisclosed, it’s estimated to be around 100 million ZK ($22 million at current market value).

zkSync has released the FAQ report to respond to the community's backlash concerning its recent airdrop. A major point of contention was why certain wallets received the airdrop despite having no activity, and some even had zero balances.

EraLend, a cryptocurrency lending protocol, was victimized by a re-entrancy attack, leading to substantial losses of $3.4 million. The project's team confirmed via Twitter that the threat has been contained, and all loan transactions have been halted. As a precautionary measure, it's currently recommended to avoid making USDC deposits.

Treasure DAO, which is set to launch its own gaming network, is considering migrating to the Layer 2 blockchain ZKsync instead of Arbitrum, citing a more suitable infrastructure for decentralized games. A vote is scheduled for September 17 to allow users time to discuss the proposal.

zkSync Era revenue aggregator Kannagi Finance has experienced a rugpull, and its official website is now expired. On July 6, the company was audited by SolidProof, but the firm says they have nothing to do with the smart contract related to the incident. In just one day, the Total Value Locked (TVL) in the platform plummeted from $2.13 million to nearly zero