Tag: zcash (ZEC)

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Binance Assigns Monitoring Tag to Privacy Coins, Including Monero and Zcash

Binance, the largest cryptocurrency exchange, has recently announced that it will start monitoring ten new projects, including privacy blockchains like Monero, Firo, Mobilecoin, and Zcash. Binance reported that these projects might be delisted in the future, failing to meet the criteria required by the exchange to keep being traded on its platform. Binance Might Delist…
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‘Lack of Finality’ — Single Mining Pool Commands 53% of Zcash’s Hashrate

Recent data shows a single mining pool controls more than 53% of the hashrate for the cryptocurrency network Zcash. On September 19, 2023, the crypto mining pool Viabtc had 4.2 giga solutions per second (GSol/s) of Zcash’s total 7.84 GSol/s hashrate. Electric Coin Co., which oversees the Zcash project’s codebase, acknowledged the issue Tuesday, citing…
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Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash

Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban announcement. The top privacy coins like monero and zcash managed to recover the losses two days later, but during the last 24…
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The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’

According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the 5.0.0 codebase which supports the NU5 upgrade that will occur on or around May 31, at block height 1,687,104. Electric Coin Company and Zcash…
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Famed Whistleblower Edward Snowden Reveals He Took Part in the Zcash Launch Ceremony

Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.” Snowden Played the Role of ‘John Dobbertin’ During the Zcash Launch A recent…
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Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of a restricted global economy, the top two privacy-centric crypto…
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Technical Analysis: ANC Falls 14%, as ZEC Leads Tuesday Gainers

After climbing by nearly 100% last week, ANC was once again lower on Tuesday, as bears continue to ravage prices. This comes as ZEC evaded today’s market uncertainty, and rose by as much as 16% during the session. Zcash (ZEC) Despite cryptocurrency markets falling by almost 2% in today’s session, the price of zcash (ZEC)…
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Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326 per…
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