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EY updates privacy L2 as nixed Tornado Cash sanctions ease fears

Summary by Cointelegraph
Big Four accounting firm EY, formerly Ernst & Young, has changed its enterprise-focused Ethereum layer-2 blockchain Nightfall to a zero-knowledge rollup design as it says corporate clients are more comfortable with privacy solutions with easing US sanctions.EY said in an April 2 announcement that Nightfall’s new source code, “Nightfall_4,” simplifies the network’s architecture and offers near-instant transaction finality on Ethereum while making…
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decrypt.codecrypt.co

EY Upgrades Nightfall With Zero-Knowledge Tech for Private Ethereum Transactions

EY's upgrade removes waiting periods and retains privacy-enhancing features while adding near-instant finality over a simplified architecture.

·New York, United States
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Crypto Breaking NewsCrypto Breaking News

EY Privacy Level 2 Update: Tornado Cash Sanctions Lifted, Alleviating Concerns

After rolling out its Nightfall 3 upgrade for Ethereum earlier this year, Ernst & Young (EY) has announced another significant development to enhance the scalability and efficiency of the popular blockchain platform. The global professional services firm has introduced Nightfall ZK-Rollup, a new addition to its suite of tools aimed at improving transaction processing on Ethereum. This latest update from EY showcases the company’s ongoing commitm…

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CryptoPanicCryptoPanic

EY updates Ethereum scaler Nightfall to a ZK-rollup

The Big Four accounting firm formerly known as Ernst & Young has changed its enterprise-focused layer 2 blockchain Nightfall to a zero-knowledge rollup design, which it says offers near-instant transaction finality on Ethereum. EY said in an April 2 announcement that Nightfall’s new source code,...

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CointelegraphCointelegraph
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The New York LedgerThe New York Ledger

EY updates privacy L2 as nixed Tornado Cash sanctions ease fears

Big Four accounting firm EY, formerly Ernst & Young, has changed its enterprise-focused Ethereum layer-2 blockchain Nightfall to a zero-knowledge rollup design as it says corporate clients are more comfortable with privacy solutions with easing US sanctions.EY said in an April 2 announcement that Nightfall’s new source code, “Nightfall_4,” simplifies the network’s architecture and offers near-instant transaction finality on Ethereum while making…

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Cointelegraph broke the news in on Wednesday, April 2, 2025.
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