Zcash's price surged to around $1,130 after a 2,300% gain over the past year, entering the crypto top ten. F2Pool co-founder Chun Wang publicly criticized Zcash's funding structure, governance disputes, and optional privacy model, highlighting concerns over its early Founders' Reward system and a recent vulnerability in its Orchard shielded pool. Despite these issues, no evidence of exploitation was found, and the network remains operational with ongoing upgrades like Ironwood to enhance security. The debate over Zcash's funding and privacy approach continues as the token faces volatility following its recent rally, partly driven by ETF inclusion.
On October 19, U.S. spot ETFs linked to Zcash (ZEC) experienced a $10.4472 million outflow, primarily from the Zcash ETF (ZCSH), which has now seen three consecutive weeks of outflows. Meanwhile, NEAR spot ETFs gained $5.4184 million, driven by the B...
Zcash developers will review the NU7 testnet results on October 20 to decide on activating the upgrade on the mainnet, which aims to reduce block confirmation times from 75 to 25 seconds and change how transaction fees are distributed. The upgrade wo...
Zcash (ZEC) saw a 2.01% price drop within one hour to $1,145 on October 19, while still gaining 2.44% over the previous 24 hours. During this hour, long liquidations on Binance, Bybit, and OKX totaled $160,000, exceeding short liquidations by $70,000...
Zcash (ZEC) saw a sharp price increase of 2.83% within one hour, rising from $1,124 to $1,156 on Binance's spot market. During this time, $210,000 worth of short positions were liquidated across Binance, Bybit, and OKX, indicating a strong upward pri...
On October 19, U.S. altcoin spot ETFs showed mixed flows: Litecoin and NEAR ETFs attracted new investments, while Solana and Zcash ETFs experienced net outflows. Other altcoin ETFs like XRP, Dogecoin, Chainlink, and Avalanche remained flat with no si...
