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Zcash(ZEC)

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$73.5869
(-3.72%)
0.00318802 BTC
Market Cap (Rank#54)
$1,104,410,169
47,847 BTC
Vol 24h
$85,402,815
3,700 BTC
Circulating Supply
15,008,250
Max Supply
21,000,000
22h agocryptodaily
X Open Hub Adds 30 New Cryptocurrencies and 2 Emerging Market Indices to its Vast Asset List
Global provider of cutting-edge liquidity and technology solutions for financial institutions, X Open Hub has announced additions to its vast multi-asset offerings. The company has introduced 30 new cryptocurrencies and two emerging market indices, CH50cash and IND50cash, to the 5000+ global instruments it already offers. With 12+ years experience offering world-class technology and transparent liquidity solutions for banks and brokers, X Open Hub is committed to supporting financial firms. The company aims to help them achieve cost-optimized business models through improved operational efficiency and increased profitability. The Crypto Winter Is Ending Say AnalystsDespite the ongoing cryptocurrency winter, millennials and Gen Zs are increasingly looking at digital assets for investment purposes. A rise in awareness and education regarding this class of assets, along with their low correlation with price moves in traditional investment instruments, has been driving this interest. Increasing regulatory oversight across numerous countries is expected to lend stability to the digital asset class. Additionally, the rise of DeFi projects is also likely to drive interest in cryptocurrencies. Moreover, the decline in crypto prices in recent months has many investors wondering whether to buy the dip before the crypto winter ends. Historically, there have been four such crypto winters, including the current one. Each time, the market has reversed within around a year. So, investors might be looking at acquiring digital currencies while the prices are still low and before the market begins to rise once again. X Open Hub Adds 30 New CryptosBrokers are increasingly looking at offering their clients opportunities to trade the most popular and promising digital currencies. X Open Hub has added 30 new cryptocurrencies to its already long list of crypto offerings. The new crypto offerings available through X Open Hub’s liquidity solution are extensive and include: AAVE, ALGORAND, APECOIN, CHILIZ, COSMOS, CRONOS, CURVEDAO, DECENTRALAND, DYDX, ELROND, FANTOM, FILECOIN, FTX, GALA, GRAPH, INTERCOMP, IOTA, KILOSHIB, KYBER, MAKER, METAL, NEO, SANDBOX, STEPN, SUSHI, TRON, VECHAIN, WAVES, ZCASH and ZILLIQA. “We believe brokers need to stay abreast of trends and should perceive a wide range of cryptocurrencies as an additional tool to attract new customers or manage their retention. In the last quarter, we devoted a lot of attention to developing our asset class offering and equipping our partners with all the tools necessary to remain competitive in the market,” stated Michael Copiuk, CEO of X Open Hub. IND50cash and CH50cash X Open Hub has also added the IND50cash and CH50cash indices to its liquidity offerings. The IND50cash is based on the Nifty 50, the benchmark index that includes 50 of the most profitable companies across 12 sectors listed on the Indian stock markets. This makes it a well-diversified index. Alternatively, the CH50cash, is based on the China A50, a pan-China benchmark index that includes the top 50 companies, based on market cap, listed on the Shanghai and Shenzhen stock exchanges. A Global Leader Established in 2010, X Open Hub is the institutional arm of the XTB, which is listed on WSA and licensed across multiple jurisdictions, including the UK FCA, CySEC, IFSC, FSCA, and more. XOH has created a niche by providing complete front- and back-end technology and responsive support to propel growth for financial firms. X Open Hub’s solutions include deep institutional liquidity on more than 5,000 global instruments, including indices, shares, forex, cryptocurrencies, commodities, and ETFs, and a powerful white label platform that can be fully customised and branded for each brokerage. X Open Hub also offers multiple integration options to ease operations for brokers, such as FIX protocol, xAPI, MT4/MT5 Bridge or Gateway, and integration with Prime XM, Gold-I, oneZero, and more. This has helped the company gain over 100 clients across more than 30 countries within a decade of being launched. Speak to the X Open Hub Team about cryptocurrencies and emerging market indices. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
11 days agocryptodaily
Fantom (FTM) and Zcash (ZEC) are being out run by Degrain (DGRN) which is become the most talked about crypto
Cryptocurrency is an entirely decentralized kind of virtual money. Today, cryptocurrencies have become an alternative investment option for investors wishing to protect themselves from stock market declines and maximize their profits. Because of the crypto market turbulence, many traders have been misled, and they are now questioning if any altcoins will provide them with significant returns. However, investors can consider Fantom (FTM), Zcash (ZEC), and Degrain (DGRN) if they are willing to invest in cryptocurrencies. Degrain (DGRN) has been tipped to rise over 8,000% by the end of 2022. Zcash (ZEC) sees its investors sell and buy into Degrain presale Decentralized cryptocurrency Zcash (ZEC) was developed in 2016 by computer security specialist Zooko Wilcox-0'Hearn. The token prioritizes users' privacy, allowing ZEC coins to be located in a protected or transparent pool. Zcash (ZEC) gives private transaction parties the option of selective disclosure, allowing users to demonstrate payment for auditing needs. This purpose is to give private actors an alternative to complying with tax obligations and anti-money laundering laws. Since Zcash (ZEC) recently announced its switch to the proof-of-stake protocol, investors have flocked to the cryptocurrency. The change will reduce online fraud during transactions and the miner's tactical advantage in an attack. Fantom (FTM) unlikely to produce any big gains in 2022 The high costs and slow speeds issue that Ethereum (ETH) is now dealing with can be solved using the smart contract blockchain platform Fantom (FTM). Additionally, since Fantom (FTM) and the Ethereum Virtual Machine are interoperable, switching dApps from Ethereum (ETH) to Fantom is made easy using Fantom (FTM). (FTM) Investors were concerned about a potential collapse during the first few weeks of May as an FTM whale completely sold off its holdings. The price of FTM nevertheless managed to increase by 20% over the weeks despite the whale's departure. Beginning in the first week of July, the platform observed several ETH whales acquiring roughly 26,200 FTM tokens, or $6,726. Degrain (DGRN) tipped by top analyst to rise over 8,000% An innovative new cryptocurrency platform called Degrain (DGRN) wants to collaborate with real-world firms to accomplish a significant gain while providing users with a unique investing experience. The opportunity to hold their DGRN tokens for passive income through this user-friendly platform is available to users who participated in the Degrain (DGRN) presale phase one. They are also entitled to lifetime zero percent trading charges, a badge designated as the original holders, and these benefits. Degrain (DGRN), which recently had a 400 percent increase, is ahead of Fantom (FTM) and Zcash (ZEC). Due to presale one's early completion and subsequent huge sales in phase two, investors are already rushing to buy this most promising asset to protect their investments. In 2022, it is anticipated that Degrain (DGRN) will be the most profitable investment. Tipped to be the best investment in 2022 our pick of best investment goes to Degrain (DGRN). You can enter the presale on the links below. Website: https://degrain.io Presale: https://presale.degrain.io Telegram: https://t.me/degrainio Twitter: https://twitter.com/degrainio Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
27 days agocryptodaily
Crypto Daily - Daily Crypto And Financial News 14/07/2022, 3AC Liquidators Get Greenlight To Claim U.S. Assets
In Todays Headline TV CryptoDaily News: Court permission Liquidators for crypto hedge fund Three Arrows Capital obtained U.S. court permission to issue subpoenas and lay claim to the bankrupt Singapore-based company's assets, noting that 3AC's missing-in-action founders no longer control its accounts. New chain for ultra-low-cost transactions Ethereum’s largest layer 2 protocol Arbitrum launched a new chain for ultra-low-cost transactions. Arbitrum Nova chain is live on the mainnet and open for developers to deploy applications and solutions before public launch. ZCash added to Bitcoin of America ATM locations Bitcoin of America has announced a new addition to their Bitcoin ATMs. ZCash is now available at their locations. Bitcoin of America saw an increase in the popularity of ZCash and decided it was time to add it as an option for customers. BTC/USD skyrocketed 2.0% in the last session The Bitcoin-Dollar pair skyrocketed 2.0% in the last session. The MACD is giving a positive signal, going against our overall technical analysis. Support is at 18736.5243 and resistance at 20325.2383. The MACD is currently in positive territory. ETH/USD skyrocketed 4.2% in the last session The Ethereum-Dollar pair exploded 4.2% in the last session. The Stochastic-RSI's negative signal is in line with the overall technical analysis. Support is at 995.7033 and resistance at 1119.2233. The Stochastic-RSI is giving a negative signal. XRP/USD skyrocketed 1.6% in the last session The Ripple-Dollar pair skyrocketed 1.6% in the last session. The ROC is giving a positive signal. Support is at 0.3026 and resistance at 0.3227. The ROC is giving a positive signal. LTC/USD exploded 2.0% in the last session The Litecoin-Dollar pair exploded 2.0% in the last session. The ROC's positive signal contradicts our overall technical analysis. Support is at 45.9533 and resistance at 50.0333. The ROC is currently in the positive zone. Daily Economic Calendar: JP Industrial Production The industry is a basic category of business activity. Changes in the volume of the physical output of the nation's factories, mines, and utilities are measured by the index of industrial production. Japan's Industrial Production will be released at 04:30 GMT, the US Initial Jobless Claims at 12:30 GMT, and Finland's Consumer Price Index at 05:00 GMT. US Initial Jobless Claims The Initial Jobless Claims is a measure of the number of people filing first-time claims for state unemployment insurance. FI Consumer Price Index The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. US Continuing Jobless Claims The Counting Jobless Claims measures the number of individuals who are unemployed and are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 12:30 GMT, Australia's Unemployment Rate at 01:30 GMT, and Australia's Employment Change at 01:30 GMT. AU Unemployment Rate The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. AU Employment Change The Employment Change is a measure of the change in the number of employed people, which in turn shows the strength of the Labour market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
35 days agocointelegraph
PennyWise crypto-stealing malware spreads through YouTube
The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs.
36 days agocryptodaily
Can RoboApe (RBA) Outperform Well Established Cryptocurrencies Like Zcash (ZEC) & Filecoin (FIL)?
Recent developments and attitudes in the crypto market have taken many adopters aback. Shiba Inu (SHIB) , which previously escalated by 600000% plunged to almost zero at one point. Those familiar with the bearish and bullish pull in crypto are well-versed with the fact that fluctuations and volatility are baked in, dips being part of the recipe. A dip is, in actuality, what most enthusiasts wait for, to purchase and leverage profits. Only a minute percentile increase is sometimes required for gargantuan rewards. This is often how crypto functions. Those less accustomed to this history tend to get a little jangly at the sudden volatile downturns. We’re here to help you navigate the choppy waters of crypto. Our destination? Profit. A coin that we believe is set to counter the dip is RoboApe (RBA). Discussed at length below. RoboApe (RBA) Goes Bananas After Dogecoin laid the foundational brick for meme coins with the profits it made for its stakeholders. There then came a monsoon of meme coins, all anticipating the same heady rewards. This wasn’t sustainable. As we’ve said above, Shiba (SHIB) went down recently to almost nothing. The same coin that initially showed exponential growth is now teetering on a knife's edge. Where does the problem lie? Are all the meme coins of no use now? Should we just forget meme coins and jump on to utility coins? These questions and more will be answered. RoboApe (RBA) is a meme coin. The network expands and delivers some services within the utility sector too. RoboApe (RBA) aims to establish a system where the parties involved will have the authority and freedom to drive the ecosystem. A voting system will provide the framework. The voting power of its stakeholders would be determined by the share one holds in the ecosystem. The greater the capital, the higher the authority. Secondly, RoboApe (RBA) believes in learning. It encourages its consumers to not just blindly follow trends. But here, they guide their audience to learn the intricacies on their own and implement them. RoboApe (RBA) believes in uplifting the morale and building the knowledge base of its stakeholders through the academy feature they’ve introduced. The ultimate motto of RoboApe (RBA) is to leave the world a better place to live for future generations. It does so by organizing charitable events and games. Zcash (ZEC) And Filecoin (FIL) Privacy is the most precious commodity we have. It's a space being breached by tech companies surreptitiously. The data these companies collect is later exploited to feed us the things they want us to buy. To remedy this dilemma, Zcash (ZEC) came in with the mission to offer privacy on transactions, even on the blockchain. Zcash (ZEC) enables you to trade and exchange money swiftly, keeping your privacy intact. With the augmentation in data bits across the web, there’s a dire need to have a system in place, assisting with the information storage and data recovery when needed. Filecoin (FIL) pretty much does the same job. It’s a peer-to-peer network conducting data transfer across the chain securely. RoboApe (RBA) stands out for the authority it grants to its stakeholders. It’s based on DAO, enabling consumers to drive the decision. We think this is a strong token worthy of your attention. The other options discussed are worth consideration, their applications, however, are limited to storage. For more information on RoboApe visit Presale: https://ape.roboape.io/register Website: http://roboape.io/ Telegram: https://t.me/ROBOAPE_OFFICIAL Disclaimer: This is a sponsored pressrelease, andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
50 days agocointelegraph
Bitpanda cryptocurrency exchange scores registration in Spain
Previously, the Austrian company has obtained licenses in France, Italy, Sweden and Czech Republic.
60 days agocryptodaily
ChangeNOW Telegram Bot Streamlines Crypto Swaps
Telegram bots have become another milestone in the development of crypto services. Many platforms provide bots to add convenience and flexibility to their offers. How do bots work to exchange cryptocurrencies? Read further to find it out. What Is a Telegram Bot? Generally speaking, a Telegram bot is an application that is embedded in chats of this messenger and performs particular functions. Specifically, bots enable their users to get notifications, integrate with other services, receive payments, create custom tools, and do many other things. Some businesses have noted the convenience of this tool and use it to interact with customers. How Do Telegram Bots Work in the Crypto Industry? The crypto community is a melting pot of speculators and hodlers, ardent enthusiasts and bashful newbies – each of them having different purposes and intentions. A great variety of Telegram bots out there serves to satisfy various needs, enabling users to: Get trading signals and alerts Send trading commands Hold digital assets Learn news and latest updates about the crypto industry Exchange cryptocurrencies This is not a full list of things bots can do, but we will focus on the exchange function. Using the ChangeNOW bot as an example, we will show you how to swap cryptocurrencies in a few taps on any device. What Can ChangeNOW Bot Do? The bot under review has been developed by ChangeNOW, a non-custodial cryptocurrency exchange platform that facilitates limitless crypto-to-crypto and fiat-to-crypto swaps. Enjoying the choice of almost 400 assets, users can exchange coins free of registration with no hidden fees. ChangeNOW_officialbot helps users exchange cryptocurrencies. Once you start, the bot provides you with a list of available coins via a link to the website. You can select one of the offered popular cryptocurrencies: BTC, ETH, BCH, LTC, XMR, and ZEC. If you need another crypto not on this list, type the name or symbol of the cryptocurrency you are looking for. This bot is friendly and helpful, and if you misspell the coin, it offers the correct variant. The bot makes sure that you pick the correct cryptocurrency. That’s a useful feature because one can get lost in a great variety of crypto tickers. After you enter the amount to be exchanged, the bot asks you to provide a recipient's address. This is the address where you will receive the coins. For example, you want to exchange ETH for TRX, in which case you need to enter your TRX wallet address. The next step is to confirm the transaction details (a cryptocurrency pair, an amount, and a wallet address). If the entered address turns out to be invalid, the bot will let you know about it. So, you won't have to worry about your money going to outer space. If all details are correct, the bot will send you a deposit address for exchange, a transaction ID, and a link to track the transaction status. As in the example of ETH for TRX exchange, you need to send ETH from your ETH wallet to the specified deposit address, and after that you will receive the equivalent amount of TRX to your TRX wallet. As soon as the transaction status changes, the bot notifies you about it. Besides, you can track the process manually via the provided link. The number of exchange operations is unlimited. You can start a new exchange even if your current transaction is being processed. If you need support, you can ask the bot for it by clicking the relevant button. Final Thoughts Every company strives to ensure its services are easy, fast, and convenient. Telegram bots are considered to be an efficient tool to reach this goal. Configured to anticipate users’ needs, bots enhance customer interaction. This effect is conveyed in the crypto industry, with bots being widely-used assistants for various purposes. It has been proven through the review of the ChangeNOW Telegram bot that crypto swaps can be completed with just a few taps. It navigates users throughout the whole process: from choosing coins to updating on the transaction status. This results in happy users who get their crypto assets exchanged in a matter of minutes. Easy, fast, with no limits. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
61 day agocryptodaily
Revolutionize Your Wallet CashFi (CFI), EOS (EOS), and Zcash (ZEC
In this article, we'll take a look at three promising cryptocurrency projects that have the potential to revolutionize your wallet. These projects are CashFi (CFI), EOS (EOS), and Zcash (ZEC). Each of these cryptocurrencies has unique features that make them desirable for use in everyday transactions. We'll explore the features of each project and discuss why they could be a good fit for your wallet. CashFi (CFI): Will Revolutionize NFT Trading CashFi (CFI) aims to create a decentralized multi-network protocol by leveraging the power of blockchain technology. The native token of the project, CFI, is built on the Ethereum (ETH) ERC20 network. Focusing on NFTs, the platform supports NFT trading with CFI. CashFi (CFI), a next-generation network integrating NFTs with blockchain technology, aims to process more transactions at faster speeds and lower costs. CashFi (CFI), which enables the integrated operation of multiple chains, will allow users to transfer their assets to the desired network. Users will be able to print NFTs on the network they want and sell assets thanks to the created marketplace. The project is particularly focused on staking revenues. Earnings are made possible thanks to the CFI tokens staked in the ecosystem. Although the developer team of the platform consists of experts in the field of blockchain and NFT, they still examined the projects carried out by other developers that made a difference. Especially in the field of NFT. By doing this, they started to create a more powerful and authoritative platform. CashFi (CFI) also aims to provide staking infrastructure services by providing security solutions to many networks integrated into the ecosystem. CashFi's (CFI) focus is also on leaving the management to the users in the future. This way, it will be possible for users included in the management to have the right to vote on all developments. EOS (EOS): Wants to Help Industries Grow More EOS (EOS) is a cryptocurrency that launched in June of 2017. Its purpose is to provide a decentralized operating system that can support industrial-scale applications. EOS (EOS) has a market cap of over $1.3 billion, making it one of the largest cryptocurrencies in the world. Unlike other cryptocurrencies, EOS (EOS) uses a novel consensus algorithm called delegated proof-of-stake. This allows for faster transaction times and greater scalability than traditional proof-of-work systems. In addition, EOS (EOS) provides users with a platform for developing decentralized applications. These apps can range from simple games to complex financial contracts. As the EOS (EOS) ecosystem continues to grow, its utility is expected to increase as well. Zcash (ZEC): Supported by Big Companies Zcash (ZEC) is a digital currency that offers privacy and selective transparency of transactions. Zcash (ZEC) payments are published on a public blockchain, but the sender, recipient, and amount of a transaction may remain private. Launched in October 2016, Zcash (ZEC) is an open-source project that is backed by major companies such as JPMorgan, Microsoft, and Draper Associates. As of May 2022, Zcash (ZEC) has a market capitalization of $1.4 billion and is ranked 44th among all cryptocurrencies. While its price is volatile like all cryptocurrencies, its value has steadily increased since its launch. Given its privacy features and its partnership with major corporations, Zcash (ZEC) is one of the most promising cryptocurrencies in the market today. Although it is still in its early stages, CashFi (CFI) looks like a good way to revolutionize the way we use our wallets. With more and more merchants accepting cryptocurrency, it is only a matter of time until this payment system becomes commonplace. If you are looking for a way to get involved in the cryptocurrency world, now is the time. EOS (EOS) and Zcash (ZEC) are two other promising cryptocurrencies that could potentially see huge gains in value soon. Do your research and invest wisely! Learn more about CashFi: Presale: https://enter.cashfi.finance/register Website: https://cashfi.finance/ Telegram: https://t.me/CashFi_Token Twitter: https://twitter.com/CashFi_Token Instagram: https://www.instagram.com/_cashfitoken Zcash: Website: https://z.cash/ Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
62 days agocryptodaily
Mimblewimble Lands Litecoin In A Soup As LTC Is Delisted From Major Exchanges
Litecoin has landed itself in a soup after its latest upgrade, with major exchanges in South Korea announcing that they would be delisting the cryptocurrency amidst new privacy features that promise significantly greater privacy to users while conducting transactions. Bithumb And Upbit To Delist Litecoin Two prominent South Korean cryptocurrency exchanges, Bithumb and Upbit, have announced that they will be delisting Litecoin due to several new privacy features that have been enabled by the protocol, giving users significantly more privacy during transactions. The announcement from the two exchanges comes after Litecoin’s latest upgrade, the Mimblewimble Extension Blocks (MWEB) network, which is in direct conflict with South Korea’s anti-money laundering (AML) regulations. At the center of the controversy is an option given to users while trading that allows them not to disclose information related to the transaction. This raised concerns that the coin’s functionality would see the addition of “anonymous transmission technology.” Users Given Window To Withdraw Funds Upbit has stated that it will be shutting down market support for Litecoin on the 20th of June. Post the 20th, users will be given a month to withdraw their funds from the exchange, effectively giving them time until the 20th of July. On the other hand, Bithumb is giving users a much smaller window, emphasizing the need to protect its users and create a transparent digital asset market. As a result, Bithumb stopped accepting Litecoin deposits as early as the 8th of June and has given users time until the 25th of July to withdraw their Litecoin from the exchange. A Domino Effect? Could the action by the South Korean exchanges have a domino effect? Litecoin is available on almost all of the major cryptocurrency exchanges, such as FTX US, Binance US, and Coinbase. It was also among the first cryptocurrencies that were available to users through Robinhood back in 2018. However, the move to delist the cryptocurrency by prominent South Korean exchanges could impact the cryptocurrency’s future in the United States as well. An Uneasy Relationship Cryptocurrency exchanges have had a fairly uneasy relationship with the so-called privacy-centric tokens that utilize advanced privacy techniques that allow users to preserve their anonymity while conducting transactions. Among the most popular privacy coins are Zcash and Monero, which have a combined market capitalization of $4.7 billion. The fear around these coins and the anonymity they offer is that they could facilitate illegal activities and also allow scammers and hackers to launder their funds easily. A recent report by Reuters claimed that Binance acted as a “conduit” for laundering $2.35 billion in funds, with Monero critical to the operation's success that allowed malicious actors to whitewash their illegal gains through the exchange. Binance, on its part, rubbished the reports. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
70 days agocoindesk
Zcash’s NU5 Upgrade Goes Live, Boosting Privacy and Removing ‘Trusted Setups’
The privacy coin now allows transactions that are shielded by default, so users no longer have to opt in to hide payment details on the blockchain.
83 days agocryptodaily
DoraHacks Secures $20 Million In Series B1 Funding From FTX Ventures And Others To Keep Incubating Web3 Startups
Hacking has many benefits for projects looking to innovate. DoraHacks, a global hacker movement and Web3 developer incentive platform is one such "good" hacker-oriented initiative. The team raised $20 million to expand its platform and incentivize more people to participate. A Big Step For DoraHacks The DoraHacks initiative has gained strong momentum since its inception. Its primary purpose is to aid Web3 initiatives through hackathons and grant programs. So far, the team has curated the world's biggest Web3 startups, spanning over 2,000 partners and developer teams. Those efforts have raised $25 million in grants through the DoraHaks platform, further solidifying the project's market position. Furthermore, several dozen Web3 ecosystems have embraced DoraHacks as a core partner in hackathons and community grant programs. Partners include Solana, Polgon, Avalanche, etc. These are all top-tier blockchain and crypto projects today, thanks to a forward-thinking approach to accessing a global community of developers and builders. The decentralized web, or Web3, will only be as powerful as the technology it runs on. Moreover, it puts a substantial emphasis on decentralized governance, which requires robust infrastructure. DoraHacks has introduced quadratic voting and decentralized grants to multi-chain communities and zero-knowledge collusion-resistant voting. Those latter developments were showcased during the ETHDenver 2022 and OpenSea hackathons this year. Furthermore, the DoraHacks initiative received a boost through the launch of Dora Grant DAO. The Decentralized Autonomous Organization secured $5 million from over 30 partners to provide grants to post-hackathon-pre-investment stage projects. Later this year, the team will add the Dora Infinite Fund to its arsenal. Raising An Extra $20 Million The DoraHacks initiative has been successful at raising funds. It secured close to $50 million in the past 18 months, including $8 million in strategic funding in 2021 and $20 million through Dora Factory, the DAO-as-a-service incubation venture. This week, the team secured $20 million in Series B1 funding from FTX Ventures, Liberty City Ventures, Gemini Frontier Fund, Sky9 Capital, etc. FTX Ventures Partner Adam Jin comments: “Empowering multi-chain innovation has always been our mandate at FTX. We believe DoraHacks will keep playing a crucial role in Web3, and FTX will work closely with the Dora team to support startup founders.” Similar sentiment is echoed by Liberty Ventures Partner Emil Woods: “DoraHacks is key to advancing the development of the infrastructure for Web3. At Liberty City Ventures, the focus has always been on groups building upon the promise of blockchain protocol and Web3 for real businesses and traditional industries. We expect increased engagement with our portfolio companies as the ecosystem grows.” Through these multiple rounds of funding, DoraHacks was able to incubate 20 different projects. That list includes Zecrey, Thetan Arena, ETHSign, and others. Additionally, DoraHacks is the co-host of the Binance Labs incubation program, which recently welcomed its fourth class of participants. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
85 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price.
103 days agozycrypto
Edward Snowden Reveals He Secretly Played A Pivotal Role In The Creation Of Privacy-Focused Cryptocurrency Zcash
Renowned NSA whistleblower Edward Snowden helped create the anonymity-centric cryptocurrency Zcash (ZEC). Snowden, a former U.S. intelligence contractor who leaked National Security Agency (NSA) documents indicating that the agency was spying on citizens, was one of the six participants who had one of the Zcash multi-signature private keys to launch the project in 2016. How […]
103 days agocryptopotato
Edward Snowden Revealed as the Pseudonymous Member in Zcash’s Creation
Turns out, the identity of the sixth participant in the "trusted setup" ceremony, who was known by the pseudonym "John Dobbertin," was Edward Snowden.
104 days agocointelegraph
Edward Snowden reveals he was one of six who helped launch Zcash
It turns out the pseudonymous John Dobbertin, who was one of the six participants in the Zcash Ceremony, was Edward Snowden all along.
104 days agocoindesk
Edward Snowden Played Key Role in Zcash Privacy Coin’s Creation
The NSA whistleblower and privacy advocate was one of six participants in the cryptocurrency’s fabled 2016 “trusted setup” ceremony, using a pseudonym.
121 day agocryptopotato
DAO Maker New NFT Launchpad to Host First-Ever Licensed Maradona Collection
[PRESS RELEASE – Prague, Czech Republic, 6th April 2022] DAO Maker, the leading IDO and IGO launchpad for cryptocurrency projects, ventures into the world of NFTs. More specifically, the team is launching an NFT launchpad, with the first project being the Maradona D10S NFT collection. It is the first-ever Maradona-licensed collection to come to market, […]
135 days agocryptodaily
zkSNARKS Are Adding More Privacy And Scalability To Blockchain Networks
The need for privacy in DeFi and Web3 is a growing concern. In the current system, all transactions are recorded and stored in distributed public ledgers, making it easy for anyone to view a person’s transaction history and identify them by linking their on-chain activities. That’s a problem. Right? Well, there’s a thin line between privacy and anonymity. Privacy is good; anonymity isn’t. If all blockchain transactions are anonymous, it could lead to misuse. At the same time, if all on-chain transactions are easily accessible to everyone, it would also lead to abuse. Accordingly, the need for privacy in DeFi and Web3 presents a paradox: on the one hand, we need to be able to track transactions so that they can be audited; on the other hand, we don't want to reveal any information about individuals and their transactions, especially those which could be used to identify them. Fortunately, a solution in the form of Zero-Knowledge Proofs (ZKP) has emerged. In a nutshell, ZKP is a way for two people to prove that they know something without telling the other person what it is. Sounds interesting? Let’s take a closer look. Zero-Knowledge Proofs: The Basics The Zero-Knowledge Proof (ZKP), first proposed by MIT professors Silvio Micali and Shafi Goldwasser, and master cryptographer Charles Rackoff in their academic paper, "Knowledge Complexity of Interactive Proof-Systems," is a cryptographic protocol that enables two parties to prove to each other that they know some secret information without telling each other that very information. In the last couple of decades, the theory of Zero-Knowledge Proof has evolved significantly, with the “idea” finally becoming a reality. The term Zero-Knowledge (ZK) originates from the fact that no (“zero”) details about the “secret information” are revealed. Yet, the receiver (verifier) is provided with convincing “proof” that the sender (prover) knows the “secret information.” How is this even possible? The process is powered by a series of cryptographic algorithms which allow a "prover" to cryptographically demonstrate to a "verifier" whether a computational statement is accurate without revealing any data. From an application perspective, ZK addresses two core limitations of blockchain technology: privacy and scalability. There are two main types of ZK - interactive and non-interactive. While interactive ZKP requires the prover to complete a series of tasks to convince the “verifier” that they have the particular information, non-interactive ZKP requires no interaction between parties. Zero-Knowledge Proofs (ZKP) provide users with the necessary flexibility and freedom to control their information. Therefore, it is quite logical that, when combined, blockchain and ZKP can be used to address a diverse range of existing problems. Blockchain And Zero-Knowledge Proofs (ZKP) The concept of zkSNARK was first proposed in 2013, and ZCash was the first project to use it. Over the years, Zero-Knowledge has also been used in several Rollup projects aimed at increasing Ethereum’s scalability, throughput, and cost-efficiency. Some common projects leveraging zk-Rollups include Starkware, zkSync, Loopring, and Aztec. Following significant development and maturing way further than the original concept, zkSNARK (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) has now positioned itself as one of the most potential solutions to enhance privacy across the DeFi and Web3 spectrum. For instance, Manta Network, the Substrate-based plug-and-play DeFi privacy protocol, has employed advanced cryptographic solutions like zkSNARK and Groth16 zero-knowledge proofs to add the much-needed privacy layer for the crypto ecosystem. To better understand the concept of zkSNARK and how Manta leverages it to offer end-to-end privacy, it is important to look at the consensus mechanisms that power blockchain networks. ZK serves two core functions: privacy and scalability from an application perspective. Zero-Knowledge adds a privacy layer to existing networks such as Bitcoin or Ethereum, allowing users to transfer their assets without revealing personal information like wallet address and amount. At the same time, instead of requiring all network participants to validate transactions, ZK can be used to generate cryptographically verifiable proofs that can be validated by others quickly and easily. To facilitate anonymous transactions, networks must follow certain conditions. For instance, ZCash delivers complete anonymity using zkSNARK based on Bitcoin’s core code. Such simple “anonymous transfers” rely on the hash encryption offered by Bitcoin. However, amid the increasing adoption of Web3, DeFi, NFTs, GameFi, SocialFi, and other blockchain-powered services, simple anonymous transfers no longer address the growing privacy needs of users. Manta Network And zkSNARKs To that extent, Manta Network has positioned itself as the layer-1 privacy solution for Web3 and DeFi. By leveraging zkSNARKs, Manta offers end-to-end anonymity, faster transaction speeds, and full interoperability with Polkadot and all of its parachains. At present, Manta is the only privacy solution that uses zkSNARKs and Groth16 rather than hardware to provide security and integration with mainstream assets, such as stablecoins. Through its range of products powered by zkSNARKs and Groth16, including privacy-preserving automated market maker (AMM) DEX MantaSwap and payment protocol MantaPay with built-in privacy, Manta helps users hide their wallet address, amounts, and other personal information entirely, thereby granting users the ability to mask their on-chain activities. Unlike existing privacy solutions, Manta is Web3-ready. The platform enables the privatization of other tokens from standalone networks, starting with the Polkadot and Kusama ecosystems. Furthermore, Manta uses Polkadot’s cross-consensus messaging (XCM) mechanism to establish seamless communication with other decentralized layer-1 networks that are part of the Polkadot ecosystem. Thanks to Manta’s Zero-Knowledge Proof implementation, the platform’s privacy-preserving features extend beyond regular token transactions. They can be used across the broader blockchain ecosystem, including DeFi, NFTs, GameFi, SocialFi, metaverse, and other futuristic use cases that emerge with the evolution of Web3. In addition to its privacy-oriented support, Manta Network also addresses the challenges of DeFi interoperability, scalability, liquidity, and ease of use. Manta’s privacy-preserving solution has attracted both investors and crypto enthusiasts. The project is backed by a consortium of angel investors and institutions, like ParaFi Capital, CoinFund, LongHash Ventures, Polychain Capital, and several others. The crypto community, too, is backing Manta Network, which is evident from the project’s convincing wins at both Kusama and Polkadot slot auctions. Privacy is critical for the mass adoption of blockchain technology and the universe of services it supports. With Manta Network tapping into the yet unrealized potential of zkSNARKs, Web3 became measurably safer and more private, all without compromising on decentralization, security, or other existing features. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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About Zcash

The live price of Zcash (ZEC) today is 73.5869 USD, and with the current circulating supply of Zcash at 15,008,250 ZEC, its market capitalization stands at 1,104,410,169 USD. In the last 24 hours ZEC price has moved 2.5976 USD or 0.03% while 110,490,640 USD worth of ZEC has been traded on various exchanges. The current valuation of ZEC puts it at #54 in cryptocurrency rankings based on market capitalization.

Learn more about the Zcash blockchain network and how it works or follow the price of its native cryptocurrency ZEC and the broader market with our unique COIN360 cryptocurrency heatmap.

Zcash is a Decentralized Payment scheme. Zerocash provides security fixes and adaptation to terminology, functionality, and performance. Transparent Bitcoin payments are shielded by Zerocash using zero-knowledge succinct non-interactive arguments of knowledge (zk-SNARKs).
Zcash Price73.5869 USD
Market Rank#54
Market Cap1,104,410,169 USD
24h Volume85,402,815 USD
Circulating Supply15,008,250 ZEC
Max Supply21,000,000 ZEC
Yesterday's Market Cap1,197,249,900 USD
Yesterday's Open / Close77.1943 USD / 79.7919 USD
Yesterday's High / Low81.1947 USD / 75.4698 USD
Yesterday's Change
0.03% ( 2.5976 USD )
Yesterday's Volume110,490,640 USD
Mining Info
Hashing algorithmEquihash
Pools (known)23
Pools Hashrate8.75 GSol/s
Network Hashrate9.54 GSol/s
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