FeesSafety
Pluang+

Winklevoss twins urge Zcash to end grants committee, giving funding control to ZEC holders.

30 Oct 2026, 13:30 WIB
Blockonomi
View Source
Neutral
Winklevoss twins urge Zcash to end grants committee, giving funding control to ZEC holders.

Gemini founders Cameron and Tyler Winklevoss have called for Zcash to shut down its Community Grants Committee, criticizing it as unaccountable and a "slush fund." They propose that ZEC holders directly control development funding through coinholder voting, arguing this aligns with traditional capital market governance and better accountability. The committee currently manages over $125 million from block rewards, but some developers defend its role in fairly funding network improvements. No changes have been approved yet; any shift would require a future network upgrade and community voting scheduled for December.

Zcash trades at Rp23.054.459 on Pluang as of Oct 30, 2026, 17:41 WIB, up 1.03% in the past day. The market cap stands at Rp7,04 trillion with a 24-hour volume of Rp787,62 million. Despite the Winklevoss twins' call for governance changes, Pluang shows 100% sell order activity and a typical hold time of 107 days for ZEC.

More News (ZEC)

Altcoin spot ETFs see mixed flows with XRP and ZEC gaining, SOL facing outflows on Oct 29, 2026

Altcoin spot ETFs see mixed flows with XRP and ZEC gaining, SOL facing outflows on Oct 29, 2026

On October 29, 2026, altcoin spot ETFs showed mixed net flows: XRP, HYPE, and ZEC ETFs recorded inflows, while Solana (SOL) ETFs experienced significant outflows. XRP spot ETFs attracted $8.43 million, led by Franklin XRPZ and Bitwise XRP funds. Mean...

Neutral
5 hours ago
Hyperliquid's token market cap hits $22B, surpassing Zcash's $21.4B among top cryptocurrencies.

Hyperliquid's token market cap hits $22B, surpassing Zcash's $21.4B among top cryptocurrencies.

Hyperliquid (HYPE), a decentralized perpetual-futures trading platform, reached a market capitalization of $22 billion on October 30, surpassing Zcash (ZEC), which stood at $21.4 billion. This comparison is based solely on the tokens' market caps, no...

Market News
Bullish
8 hours ago
Hyperliquid surpasses Zcash with $22B market cap, signaling strong growth potential.

Hyperliquid surpasses Zcash with $22B market cap, signaling strong growth potential.

Hyperliquid has overtaken Zcash in market capitalization, reaching $22 billion compared to Zcash's $21.4 billion. This marks a significant milestone for Hyperliquid, positioning it ahead of the privacy-focused Zcash among top cryptocurrencies by mark...

Market News
Bullish
8 hours ago
Zcash and Hyperliquid ETFs see $18.51M net inflows, led by Zcash funds with $14.81M.

Zcash and Hyperliquid ETFs see $18.51M net inflows, led by Zcash funds with $14.81M.

U.S. spot ETFs linked to Zcash (ZEC) and Hyperliquid (HYPE) recorded combined net inflows of $18.51 million, with Zcash funds contributing about 80% or $14.81 million. The Zcash ETF (ZCSH) was the only ZEC fund with daily inflows, bringing its total ...

Market News
Bullish
13 hours ago
Zcash (ZEC) jumps 3.11% in one hour amid $1.08M liquidations on major crypto exchanges

Zcash (ZEC) jumps 3.11% in one hour amid $1.08M liquidations on major crypto exchanges

Zcash (ZEC) price surged 3.11% within one hour to $1,260 on Binance, rising $38 above its previous hourly price. This gain outpaced the 0.63% increase seen over the past 24 hours. During the same hour, liquidations of $1.08 million occurred across Bi...

Market News
Bullish
13 hours ago
banner-footerbanner-footer

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