Zcash

Zcash (ZEC) price continued from where it stopped last week, reaching a new yearly high on Monday before its recent pullback. On the mentioned date, the privacy coin hit $45.45. This price marks not only ZEC’s highest level this year but also its peak since March 2023. Zcash Plans Proof-of-Stake Move, Wants Circulating Supply Reduced Zcash (ZEC) has surged nearly 45% in the past 30 days, making it one of the top-performing altcoins in early August. On July 15, ZEC…

Zcash (ZEC), the decentralized cryptocurrency created to improve privacy in the blockchain sector, has seen its price increase by a staggering 90% in the last 30 days.  This surge makes ZEC one of the top three performing altcoins. Trading at $41.36, this analysis explains why the coin may not be able to sustain its momentum. The Storms Are Gathering Over Zcash Stellar Rally On July 12, ZEC’s price was around $23.81, meaning the current price is almost double the value…

Gemini CEO and cryptocurrency billionaire Tyler Winklevoss recently highlighted some similarities between some cryptocurrency projects and their centralized counterparts. According to him, Ethereum and Filecoin are the cryptocurrencies most likely to be used on a large scale. Tyler Winklevoss compares Ether and Filecoin to Amazon The Gemini exchange boss is known for his pro-cryptocurrencies statements on social media. In a series of tweets yesterday, Winklevoss highlighted some crypto projects that he believes will last the test of time. According to him,…

Binance Korea, a Binance platform specifically dedicated to South Korean residents, will end operations next month. A closure that comes only 9 months after the launch of the platform. Binance Leaves The  South Korean Market Binance Korea, made the announcement in a press release today. Registrations and deposits of funds are already closed, and withdrawals will be possible until January 29, 2021. The platform claimed to have difficulty operating due to lack of liquidity and low volume of transactions. Binance Korea…

Anonymous payment network Zcash (ZEC) recently had its halving where rewards are reduced by half. This major development is set to change the dynamics of the privacy coin. Zcash Undergoes First Halving Just like Bitcoin (BTC), Zcash uses a periodic mechanism to control inflation on its blockchain called ‘’Halving’’. Halving reduces the mining rewards generated by miners and helps to reduce inflation. Until yesterday, 6.25 ZEC were generated from each block. Since the halving, miners will only be rewarded with…

The alleged founder of the infamous hacker group ''Anonymous'' has claimed to use Monero for transactions. This was revealed in a series of AMA questions and answers by a Reddit user named Aubrey Cottle.  Cottle claimed to be the originator of the Internet Hate Machine and the founder of the Anonymous group. He opened an AMA session that drew Redditors' attention and revealed that he’s coming out of retirement to deal with the current QAnon menace happening worldwide.  [caption id="attachment_19786"…

Zcash (ZEC) is a cryptocurrency created in 2016 that focuses on privacy and anonymity. Unlike other cryptocurrencies such as Bitcoin, Zcash offers privacy where users' personal and transaction data remain confidential. In addition, the platform leverages zero-knowledge proofs allowing transactions to be verified without revealing the sender, receiver, or transaction amount.   If you're considering investing in Zcash, you'll need a secure wallet to hold your ZEC coins. Crypto wallets keep your cryptocurrencies safe, private, and under your control. While…

The global crypto adoption was recently approximated to be 5% of the worldwide population. However, privacy has been hindering the even faster adoption of crypto into the world. Individuals, companies, and governments fear blockchains' transparency since it means full exposure of private information. Zcash, however, offers privacy to every individual and company by keeping details of all transactions anonymous. What is Zcash, and how does it enhance privacy? Zcash Overview Zcash is a crypto asset that has majored in providing…

Privacy coins are gaining traction as they fly the flag of financial privacy. Over the decade, digital currencies have seen their fair share of unjust scrutiny regarding their privacy policies. At one point or another, we've all heard of the "evil" that is its anonymity hallmark and how its primary users are criminals hiding behind it. However, no digital currency is disparaged for this particular feature as much as privacy coins are. Yes, blockchain-based cryptocurrencies allow users to use pseudonyms,…