Zcash completed a 48-hour blind auction selling 8,000 encrypted digital identities at a uniform price of 1.5 ZEC each, attracting 16,971 bids totaling over 25,000 ZEC. The auction used privacy-focused zk-SNARK cryptography to keep bids and bidder identities confidential. These digital identities are intended for on-chain reputation and governance access, enabling private community participation. The auction also featured cross-chain bidding via NEAR Intents, allowing users with ETH, SOL, or stablecoins to participate seamlessly.
Zcash shows a market cap of Rp7,04 trillion and a 24-hour trading volume of Rp787,62 million on Pluang as of September 17, 2026, 23:42 WIB. The price of ZEC is Rp26.129.885, up 16.16% in one day, reflecting strong recent interest. The auction's success in selling 8,000 encrypted digital identities aligns with this momentum, highlighting growing demand for privacy-focused blockchain solutions.
On October 5, US spot ETFs for Bitcoin and Solana experienced net outflows, while Ethereum ETFs saw net inflows, a reversal of the weekly trend where Bitcoin led inflows and Ethereum faced outflows. Over the week, Bitcoin ETFs gained $241.09 million,...
Zcash (ZEC) saw a 3.62% price increase over four hours, rising from $1,293 to $1,340 by 4:02 p.m. ET on October 5. During the same period, short liquidations totaling $120,000 occurred across Binance, Bybit, and OKX, while no long liquidations were r...
Samson Mow, a Bitcoin maximalist, criticized Zcash's 1,000% year-to-date price surge as artificially inflated and unsustainable. He argues that the market lacks enough speculative capital to maintain Zcash's high valuation and expects a major correct...
Zcash has activated its NU7 network upgrade on the public testnet, reducing block times from 75 seconds to 25 seconds. This change aims to speed up transaction confirmations, benefiting point-of-sale payments, exchange deposits, and cross-chain bridg...
US spot Bitcoin ETFs attracted $241.1 million in net inflows last week, marking their third consecutive week of gains and lifting total inflows since launch to $57.8 billion. In contrast, Ether ETFs experienced $138 million in net outflows after a st...
