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Bitcoin News / Bitcoinist - 2 days ago

Zcash Crashes Below $1,000 Despite Grayscale’s $1M Pledge

Zcash crashes nearly 15% on Wednesday, slipping below the $1,000 mark for the first time since early September and hitting a two-month low near $963. The sharp decline occurred just one day after Grayscale announced a $1 million commitment to nonprof...

Cryptocoins News / The Cointelegraph ​ - 2 days ago

Zcash falls below $1,000 for first time since September

Zcash fell nearly 15% amid a broader sell-off in privacy coins, a day after Grayscale pledged $1 million to ecosystem initiatives.Zcash (ZEC) fell to a two-month low of $962.85 on Wednesday, a day after Grayscale pledged $1 million to nonprofits and...

Bitcoin News / Bitcoin.com - 3 days ago

Grayscale Pledges $1M to Zcash Ecosystem as ZEC Plunges Below $1,000

Grayscale paired a $1 million Zcash ecosystem commitment with a new education platform and Wall Street Journal advertisements. The national campaign promoted its Zcash fund alongside grants supporting network development, policy advocacy, and financi...

Bitcoin News / Bitcoin.com - 3 days ago

Zcash Devs Eye 20-Second Blocks Days After Major Network Overhaul

Zcash developers have proposed reducing the network’s target block interval from 25 seconds to 20 seconds under the draft Network Upgrade 7.1. Zcash Developers Propose 20-Second Block Times Zcash developers have proposed reducing the network’s...

Cryptocoins News / The Cointelegraph ​ - 4 days ago

Zcash devs propose another block time cut days after NU7 upgrade

The proposed reduction aims to shorten transaction confirmation times and improve the user experience for point-of-sale payments, exchange deposits and cross-chain swaps.Zcash developers have proposed reducing the blockchain’s target block interval f...

Cryptocoins News / CryptoNinjas - 5 days ago

Tornado Cash-Linked Wallet Sells ETH to Buy Zcash on Hyperliquid

Key Takeaways: In a 20-hour period, a wallet transferred 1,670 ETH valued at around $3.73 million from Tornado Cash to Hyperliquid. The ETH was exchanged for 2,959 ZEC, worth approximately $3.73 million at the time of the acquisition. Lookonchain no...

Bitcoin News / Bitcoinist - 6 days ago

Zcash Price Repeats Setup Behind Its 250% Rally, Analyst Says

The Zcash price may be gearing up for its next big move. After a sharp pullback from its all-time high, ZEC is consolidating in a range that looks strikingly similar to the one that launched its last explosive rally. ZEC has spent the past several we...

Bitcoin News / Bitcoin.com - 1 week ago

Zcash Rises After Upgrade Freezes $16M in ZEC, Establishes Security Reserve

Zcash has activated Network Upgrade 7, which reduces block times from 75 to 25 seconds and will help fuel a long-term security reserve. However, the move also froze about $16 million worth of ZEC that will remain inaccessible in an outdated shielded...

Bitcoin News / Bitcoinist - 1 week ago

Zcash Activates NU7 Upgrade as Private Payments Become 3x Faster

Zcash activates NU7 network upgrade, introducing faster transaction confirmations, increased private-payment capacity, and significant changes to the blockchain’s fee structure. The upgrade went live early Friday, November 6, reducing the targe...

Cryptocoins News / The Cointelegraph ​ - 1 week ago

Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool

Zcash’s NU7 upgrade has rendered about $15 million in legacy Sprout funds unspendable, although a future network upgrade could potentially restore access.Zcash’s NU7 network upgrade activated Friday, making about $15 millionin ZEC held in the network...