The former Zcash developer team has launched Zcash Open Development Lab after leaving Electric Coin Company over governance disputes. The team said the Zashi wallet will be renamed to Zodl, with no impact on user funds, seed phrases, or wallet functions.
Zcash developer ECC lost its entire team on Jan. 7 after a governance dispute with Bootstrap. The news hit ZEC hard, pushing the token to $404.13 and down 17% in 24 hours.
Verge positions itself as a privacy-focused cryptocurrency built with Tor, i2P, and the optional Wraith protocol. This article reviews its history, technology, exchange availability, and differences from Monero and other privacy coins.
Zcash rose about 6% from $299 to $321 after being listed on Robinhood. The move gives the privacy coin access to a broader retail audience and potentially deeper liquidity, despite continued regulatory scrutiny around privacy-focused cryptocurrencies.
CoinGecko data shows the quantum-resistant crypto sector surged 22.4% over the past 24 hours, with Zcash leading gains at 26.7%, while zero-knowledge and privacy coin sectors also posted strong advances.
Monero surged to a new all-time high of $545, rising 15.2% in a day and 26.5% over the week. With a market cap near $9.9 billion, XMR has climbed to 12th place and is closing in on the crypto top 10.
Privacy coins use tools like RingCT, CoinJoin, and zk-SNARKs to obscure transaction details. This article reviews Monero, Zcash, Dash, and other major projects, outlining their technology, use cases, and limitations.
Grayscale has filed a Form S-3 with the SEC to convert its Zcash Trust into an ETF, aiming to list on NYSE Arca under the ticker ZCSH and offer regulated exposure to ZEC.
