Zcash Developers Move to Shield Swaps From Future Quantum Attacks
Zakura proposes separate viewing keys for Zcash swaps on NEAR Intents, limiting potential payment-history exposure from future quantum attacks.
Zakura proposes separate viewing keys for Zcash swaps on NEAR Intents, limiting potential payment-history exposure from future quantum attacks.
Bitcoin rebounds near $82,000 after a brief dip below $80,000, while Zcash jumps 8% and Asian stocks recover. BTC faces resistance at $84,000.
Zcash falls 7% as volume surges and traders watch $1,200 support, with NU7 testing offers a potential catalyst, and deeper downside risk near $1,000.
Fortitude signs a nonbinding LOI for up to $100 million in BITMAIN Zcash miners, with a $20 million refundable deposit and expanded DCG financing.
Winklevoss Asset Services files for a spot Zcash ETF under ticker WINK, proposing Gemini custody, a 0.25% fee, and potential $100 million backing.
Zcash’s NU7 upgrade is live on public testnet, targeting 25-second blocks, changing mining fees, and retiring its oldest private-payment system.
Wallets linked to Bitget’s $387.5 million hack moved 2,746 ZEC into Zcash’s Ironwood shielded pool, complicating efforts to trace the stolen funds.
Zcash jumps 10% to $1,616 as Bitcoin holds near $86,500 and US developments involving a Strategic Bitcoin Reserve and tokenized stocks lift crypto sentiment.
Grayscale’s Zcash ETF will complete a 3-for-1 share split as ZCSH inflows exceed $233 million and ZEC reaches a record high of $1,521.
Zcash developers are targeting November 5 for the NU7 mainnet upgrade, which would cut block times to 25 seconds as ZEC rallies 10%.
Zcash surged 23% to $1,369 after Paradigm disclosed a ZEC position, while crypto and stock markets recovered following the Fed’s rate increase.
On Friday, the NEAR Protocol announced via X that NEAR Intents is now live on Hydration.