Gate News Bot Message, January 8th, according to CoinMarketCap data, as of press time, ZKP (zkPass) is trading at $0.20, up 63.21% in the past 24 hours, reaching a high of $0.22 and a low of $0.12. The 24-hour trading volume is $432 million. The current market cap is approximately $39.9 million, an increase of $15.5 million from yesterday.
zkPass is a privacy data protocol based on MPC, zero-knowledge proofs, and 3P-TLS technology, allowing users to verify their real identity and data without revealing private information. The protocol enables seamless transfer of private data between Web2 and Web3 ecosystems through the TransGate product, supporting applications such as ZKKYC, DeFi lending, and medical data trading. zkPass has received support from top investment institutions including Sequoia and has established partnerships with ecosystem players like zkLink, Galxe, zkSync, and LayerZero.
Important recent news about ZKP:
1️⃣ Zero-Knowledge Proof Technology Gradually Moving Toward Mainstream Applications
As a core technology for privacy protection and identity verification, zero-knowledge proofs are becoming a significant development direction in the blockchain industry. The rising demand for privacy and regulatory compliance pressures have driven widespread attention to this technology, making privacy data protocols based on zero-knowledge proofs highly recognized in the market.
2️⃣ Major Tech Companies Promote Standardization of Privacy Verification
Mainstream tech platforms like Google Wallet have begun integrating zero-knowledge proof technology for identity verification, marking its expansion from the crypto ecosystem to traditional internet applications. This cross-field application expansion provides practical scenarios for projects like zkPass and strengthens market confidence in the commercialization prospects of this technology.
3️⃣ Growing Urgency for Privacy Protection
Under increasingly strict digital regulation, user concern for privacy data protection continues to rise. The solution provided by zkPass—“verifying identity without revealing privacy”—exactly meets the urgent need for data security and personal privacy balance in both Web2 and Web3 ecosystems.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BloFin Research: Circle Stablecoin Survives Bear Market, OCC Becomes the Biggest Critical Variable
BloFin Research report analyzes Circle's profit model, primarily driven by three factors: "interest rates, USDC scale, and distribution economics." However, OCC's new interpretation of the "GENIUS Act" could pose a serious threat to the collaboration between Circle and Coinbase, affecting USDC distribution efficiency. The report also notes that the stablecoin supply is decoupled from the crypto market prices, indicating that Circle's reserve income is more stable.
MarketWhisper21m ago
NYDIG Research Director: Bitcoin price fluctuations are only 1/4 influenced by stock market correlation
NYDIG Research Director Greg Cipolaro pointed out that the recent rise of Bitcoin alongside the U.S. stock software sector is mainly driven by macro factors rather than structural convergence. He stated that only a quarter of Bitcoin price movements are related to the stock market, with 75% of the factors coming from other areas, emphasizing its role as a diversification tool in investment portfolios.
GateNews28m ago
NYDIG Latest Report: Bitcoin's Correlation with Tech Stocks is Overestimated, 75% of Price Fluctuations Come from Cryptocurrency Market Factors
NYDIG points out that the recent synchronized movement between Bitcoin and U.S. tech stocks is primarily due to macroeconomic factors rather than structural correlation. Although their prices are similar, Cipolaro emphasizes that the rise in Bitcoin and tech stocks more reflects a common change in liquidity and risk appetite rather than fundamental convergence. Bitcoin's volatility remains mainly driven by its own market factors, and its diversification value in investment portfolios still exists.
GateNews31m ago
Raoul Pal lists 12 reasons to go long against the trend: Global liquidity is accelerating expansion, and the crypto market's "most oversold" condition will reverse.
Raoul Pal points out 12 reasons for the expansion of global liquidity during market pessimism, believing that the crypto market is about to reverse. He mentions factors such as the rebound in US fiscal liquidity and policy bullishness, and emphasizes that the market bottom could be confirmed within two weeks. The only risk is rising oil prices, with an expectation that they will move upward in the future.
動區BlockTempo37m ago
War risk shocks global markets: oil prices surge past $110, Asian stock markets plummet, Bitcoin stays steady at $67,000
Middle Eastern geopolitical risks have intensified, leading to a sharp decline in Asian stock markets, a surge in energy prices, and crude oil surpassing $110. Despite market concerns, cryptocurrencies like Bitcoin remain stable. Oil prices are expected to continue rising, but some traders anticipate a correction. The Federal Reserve's interest rate expectations remain stable, and future oil price increases could impact inflation.
GateNews54m ago
