ZKsync has confirmed that ZKsync Lite will be fully deprecated on May 4, marking the formal end of its first zero knowledge rollup on Ethereum. The update places a definitive timeline on the network’s closure while emphasizing that all user funds will remain recoverable after shutdown. According to posts published on X by the official ZKsync account, block production on Lite will stop permanently on May 4. Once that occurs, the network’s final state will freeze. Consequently, balances will no longer change after the cutoff date.
The team described the move as a planned and orderly sunset for a system that has already served its purpose. Moreover, it clarified that the deprecation does not affect ZKsync Era or any chains built using the ZK Stack framework. Those systems will continue operating without disruption.

Users have been encouraged to withdraw assets before May 4 for greater convenience. However, funds left on the network will remain fully claimable even after block production ends. Additionally, the team stated that claiming tools will be released immediately following the shutdown. Data from L2BEAT shows that approximately $33.9 million remains bridged to ZKsync Lite. Stablecoins account for nearly $24.9 million of that total. Meanwhile, ETH and derivatives represent about $8.4 million. Smaller allocations include over $313,000 in BTC derivatives and roughly $231,000 in other assets.
Also Read: XRPL Disaster Averted: Critical Bug Could Have Drained XRP Wallets
The May 4 halt will permanently lock the network’s final state, ensuring that no balances can change after shutdown, hence users retain clarity over asset positions recorded at the moment of freeze. A read only API will remain accessible for at least one year after block production stops. This access will support data retrieval and historical verification. Furthermore, ZKsync stated that additional guidance will be shared ahead of the deadline to keep users informed.
ZKsync Lite, originally launched in 2020 as ZKsync 1.0, supported token transfers, atomic swaps, and NFT minting. However, it did not include smart contract functionality. Development on Lite halted in March 2023 after Matter Labs shifted focus toward ZKsync Era.
At the time, Era aimed to deliver scalable Ethereum compatibility through a zkEVM framework. Consequently, Lite transitioned into legacy infrastructure as the broader ecosystem evolved. ZKsync will freeze Lite on May 4 while keeping all assets fully claimable. The project continues concentrating on Era and the expanding ZK Stack ecosystem.
Also Read: Bitcoin ETFs Soak Up $254M in 3 Days as Price Stalls Below Key Levels
The post ZKsync Lite Deprecation Locked for May 4 Funds Still Claimable appeared first on 36Crypto.

BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more

