PANews reported on April 10 that ZKFair stated on the X platform that the ZKFair cross-chain bridge has been upgraded from the original ZK bridge to a multi-signature bridge, and the funds are completely safe. The ZKFair cross-chain bridge can be withdrawn at any time. Previously, due to the limited capabilities of Prover, the withdrawal speed was slow and the user experience was not ideal. In order to improve efficiency and security, all funds are now managed through a multi-signature setting.
According to previous news , SlowMist founder Yu Xian said that more than 6 million US dollars of funds on ZKFair L1 Bridge were deposited in Aave for pledge, and the project party's behavior was suspicious.