Ethereum

<a href="https://bitcoinworld.co.in/zkasino-reopened-ether-bridge-gives-users-72-hours-to-retrieve-their-ether/" title="ZKasino Reopened Ether Bridge, Gives Users 72 Hours to Retrieve Their Ether" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Zkasino has reopened its Ether bridge to users, giving users 72 hours to retrieve their Ether from the platform.</li> 
 <li style="font-weight: 400">Users can bridge back deposited ether at a 1:1 ratio.</li> 
 <li style="font-weight: 400">Those bridging back to Ethereum will forfeit their reward allocation.</li> 
 <li style="font-weight: 400">More than 10,000 users deposited $33 million to ZKasino last month.</li> 
</ul> 
Aggrieved users of <a href="https://bitcoinworld.co.in/dutch-authorities-arrest-zkasino-scam-suspect-seize-over-12-2m/">Zkasino </a>have been given a 72-hour window to bridge back their ether (ETH) after waiting for over a month. 
In a <a href="https://zkasino.medium.com/bridge-back-eth-at-1-1-ratio-92f01f3ee3f0">blog post</a>, ZKasino explained that deposited ether can be bridged back at a 1:1 ratio for those who do not want to participate in the conversion to ZKAS, the platform’s native token. 
The post added that those bridging back to Ethereum will “forfeit their bridge reward allocation.” 
Last month, more than 10,000 users deposited $33 million worth of ether to ZKasino to earn ZKAS. The deposits were made on the premise that the ether would be “returned” once the bridging period was complete. 
However, ZKasino then stated that all deposited funds would be converted to ZKAS, leaving users dismayed over the undisclosed conversion.&nbsp; 
Speculation mounted further after as on-chain data revealed that ZKasino had sent the $33 million worth of deposits to staking platform Lido. 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
#Binance #WRITE2EARN

ZKasino Reopened Ether Bridge, Gives Users 72 Hours to Retrieve Their Ether

ItsBitcoinWorld

Other articles published on May 29, 2024

Blockchain Gaming Market Set for $43.45B Growth by 2028

Ronaldo’s Jersey (RONJER) to Explode 14,000% Before KuCoin Listing, as Shiba Inu, Bonk and Dogeco...

El Salvador’s GDP to Surge Tenfold in the Next Five Years: Cathie Wood

47% of Voters Eye Crypto Investments Ahead of 2024 US Election

MoonBag, the Best Presale in 2024, Is All set to Ignite Your Portfolio with 15,000% ROI, Leaving ...

Semler Scientific Soars 48% After Adopting Bitcoin as Reserve Asset

Join our free newsletter for daily crypto updates!