Privacy Coins Tumble as Zcash Plunges, Monero Defies Sell-Off
Privacy coins fell on Tuesday amid a broader crypto downturn that saw bitcoin drop toward $76,000. Zcash led the decline with a 7% daily loss, which sparked a surge in…
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Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Monero’s network hashrate is hovering near historic highs, but its mining distribution tells an equally compelling story. On Monday, network computing power stood near 7.12 GH/s, with three major mining…
Zcash Dives 16%, Falling Harder Than Bitcoin Amid Market Sell-Off
Zcash dropped to $1,115 Thursday, wiping out all price gains accumulated since Sept. 16 and driving $38 million in leveraged long liquidations. Sharp Sell-Off Ends Weeks of Gains Privacy coin…
Zcash Price Slides 23% as Grayscale ETF Hits Reverse
ZEC’s price has taken a beating after September’s blistering run, tumbling roughly 23% from its Sept. 27 peak of $1,697. The zcash market decline arrived alongside a sharp reversal in…
Zano Says Over $200M in Illicit Tokens Led to 30-Day Blockchain Rewind
Zano has disclosed the bug that forced its extraordinary 30-day blockchain rewind in a recent postmortem. An attacker exploited a missing verification in Gateway Addresses to mint roughly 18.4 million…
ZEC, NEAR Drive Explosive September Gains for Privacy Coins
In September, privacy coins significantly outperformed the broader cryptocurrency market as capital shifted away from high-cap altcoins. Zcash Surges Into Top 10 Privacy coins again outperformed the rest of the…
Zano Network Stabilizes After 30-Day Blockchain Rewind
The Zano team announced on Tuesday that a hot fix has been applied and the “network is stable on the updated chain” following the inflation bug that occurred last Friday.…
Shielded Bitcoin Proposal Aims to Bring Privacy to Bitcoin L1
A New York cryptography lab has proposed Zcash-style private transfers on Bitcoin without changing Bitcoin itself. Published on Thursday by [[alloc] init], Shielded Bitcoin would hide amounts and counterparties without…
Wall Street Opens Door to $24.54B Privacy Coin Boom in 5 Months
Over the past five months, the privacy coin sector has added $24.54 billion in value, with zcash and monero accounting for the lion’s share of those billions. The following examines…
Zcash Price Holds Above $1,440 After Sharp Rally Pullback
Zcash pulled back to $1,429 after hitting a year-to-date high of $1,590, finding support above $1,440 with a 5% daily loss. Alongside the price action, a significant governance debate has…
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