Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum launches zkAPI for private, prepaid AI service access using zero-knowledge proofs

Protocol Fundamentals
02 Oct 2026
Decrypt
View Source
Bullish
Ethereum launches zkAPI for private, prepaid AI service access using zero-knowledge proofs

The Ethereum Foundation and the Open Anonymity Project launched zkAPI on Ethereum mainnet, enabling users to prepay in USDC and receive short-lived, capped API keys for AI services without revealing their identity. This system uses zero-knowledge proofs to separate payment from identity, enhancing privacy by keeping user prompts confidential while allowing AI access. The project, still experimental, supports OpenRouter, which connects to multiple AI models, and aims to make Ethereum a key platform for AI coordination and payments. This innovation addresses growing privacy concerns in AI interactions and could extend to other metered services like blockchain queries and VPNs.

Ethereum's new privacy-focused AI payment system is the subject here; for readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 03, 2026 02:51 WIB: Among 50 major cryptocurrencies, only 13 rose while 36 fell. MANA (Decentraland) led gains with a 9.23% increase to Rp1.739 and a full 100% buy order activity, contrasting with ENJ (Enjin Coin) which rose 8.45% to Rp575 but saw 100% sell orders. EOS (EOS.IO) also gained 8.13% to Rp12.649 with a typical hold time of 87 days.

More News

Joby Aviation director sells shares amid eVTOL progress and financial challenges

Joby Aviation director sells shares amid eVTOL progress and financial challenges

A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite...

Market News
Neutral
1 hour ago
Shares of Nexalin, Integra LifeSciences, Western Digital, and Seagate plunge on operational and competition concerns.

Shares of Nexalin, Integra LifeSciences, Western Digital, and Seagate plunge on operational and competition concerns.

On October 2, 2026, shares of Nexalin dropped 24.1% despite a new distribution deal, with no clear catalyst identified. Integra LifeSciences fell 21.2% after lowering its 2026 revenue outlook due to flooding disruptions. Western Digital and Seagate T...

Market News
Bearish
1 hour ago
Stablecoin Development and Armada Acquisition shares surge on key corporate moves and merger approval

Stablecoin Development and Armada Acquisition shares surge on key corporate moves and merger approval

On October 2, 2026, Stablecoin Development Corp. shares jumped 104.4%, trading above their 50-day moving average without a clear catalyst. Armada Acquisition Corp. II rose 68.2% following shareholder approval of its merger with Evernorth, expected to...

Market News
Bullish
1 hour ago
NetApp price target raised to $260 after strong Q1 results and AI upgrades

NetApp price target raised to $260 after strong Q1 results and AI upgrades

NetApp's stock price target was increased from $215 to $260 following its robust fiscal 2027 Q1 results, which included $2.03 billion in revenue and $2.58 non-GAAP earnings per share, both exceeding estimates. The company is advancing its AI infrastr...

Analyst Insights
Bullish
2 hours ago
Zcash (ZEC) drops 4.4% to $1,285 amid $60K long position liquidations

Zcash (ZEC) drops 4.4% to $1,285 amid $60K long position liquidations

Zcash (ZEC), a privacy-focused cryptocurrency, fell 4.40% over four hours to $1,285 as of 6:26 p.m. ET on October 2. This decline represents a $59 drop from $1,344 four hours earlier and a 3.71% decrease compared to 24 hours prior. During this period...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App