PANews reported on April 10 that ZKFair stated on X platform that its cross-chain bridge has been upgraded from the original ZK bridge to a multi-signature bridge, with funds completely secure, and the ZKFair cross-chain bridge can be withdrawn at any time. Previously, due to limited Prover capabilities, withdrawal speeds were slow, resulting in a poor user experience. To improve efficiency and security, all funds are now managed through multi-signature settings.
In a previous report, SlowMist founder Yu Xin said that over $6 million in funds on the ZKFair L1 Bridge were deposited into Aave for staking, and the project's behavior appears suspicious.
