MATTER LABS DROPS 'ZK' TRADEMARK APPLICATIONS FOLLOWING BACKLASH FROM LEADING PROJECTS

Summary from the TLDR Crypto newsletter

Matter Labs, the company behind the zkSync L2, has dropped its trademark application for the term “ZK” after receiving backlash from StarkNet, Polygon, and the zero-knowledge proof co-inventors. It had previously supported a community proposal to set up an ownerless legal entity to hold the trademark and issue free licenses to all applicants.