Polyhedra cites liquidity attacks, Wintermute deposits behind ZKJ price drop

At Polyhedra Network, the team is committed to transforming the digital landscape by unlocking exponential improvements to computational power and cross-platform interoperability within the vast blockchain ecosystem and the intersecting domains of Web2 and Web3. In the first stage, central to their mission is the innovative zkBridge, Polyhedra’s flagship technology, designed to overcome the critical challenges of interoperability, facilitating trustless, efficient, and secure transactions across a variety of blockchain networks. More importantly, zkBridge provides a perfect environment to develop, test, and strengthen our proof system, which is the foundation of our vision. Polyhedra further expands the zkBridge protocol to a general ZK interoperability protocol, which also empowers interoperability between Web2 and Web3 applications, and helps to onboard real-world assets (RWAs) to Web3. This grand vision is underpinned by Polyhedra’s innovative protocols and cutting-edge algorithms, forming a robust computation foundation that supports the entire blockchain world. Polyhedra enables developers to harness a variety of data and computational resources to build diverse protocols and applications within a limitless environment driving technological progress at an unprecedented scale. Through these layers of technological innovation, Polyhedra strives to build a more connected, efficient, and secure digital future, driving the evolution of blockchain technology and creating new pathways for data exchange and collaboration between traditional and decentralized networks.