Aztec Labs Relaunches zk.money Private Payments Application on Ethereum

Aztec Labs relaunched its zk.money private payments application on Ethereum on September 29, 2026, ending a three-year hiatus. The platform operates on the Aztec Network to obscure transfer amounts, balances, and recipient identities, featuring the Nyx self-custodial wallet. The relaunch follows Aztec's September 21 activation of private smart contract execution, the Ignition Chain deployment, and the Alpha V5 upgrade, which cut fees by roughly 50% to under $0.05. During the initial Alpha phase, individual transactions are capped at $2,500 under a $50,000 daily network limit, with USDC and USDT deposits automatically converting to DAI.