Ethereum Users Get Another Way to Pay Privately as zk.money Returns After Three Years

Aztec Labs relaunches zk.money wallet for private Ethereum transactions

Aztec Labs has relaunched zk.money on the Aztec Network, bringing back its private payment wallet after a three-year absence and offering users self-custody of their funds. In a Sep. 29 announcement shared with crypto.news, Aztec Labs said that users can…

Ethereum users get another way to pay privately as zk.money returns after three years

The relaunched wallet hides payments made on the Aztec Network, while deposits from Ethereum remain visible.

zk.money Returns With Private Ethereum Payments

TL;DR: zk.money has returned after three years, offering self-custodial private payments through Aztec while Ethereum deposits remain publicly traceable. Users can deposit DAI, USDC or USDT, with the latter two converted to DAI before payments move privately inside the system. The Alpha release caps each transaction below $2,500, screens entry and exit addresses, and remains ...

Aztec Labs relaunches zk.money for private payments on Ethereum

Aztec Labs' zk.money relaunch could redefine DeFi privacy standards, potentially boosting adoption and innovation in private financial transactions.