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Zcash

Barclays Is No Longer Banking Coinbase

The most prestigious banking relationship in crypto has ended. Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacement in U.K. upstart Clearbank, according to people familiar with the situation, the change has indirectly inconvenienced the exchange’s users. That’s because, aside from …

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From Ghana to the Bronx, Meet the Teen Bitcoiners Building the Future

Jemina Joseph, 18, is working a summer job as a social media manager for a crypto startup after graduating from high school in the Bronx. And she learned how to make her first cryptocurrency transaction, a purchase using zcash, with the Flexa mobile app.  It was a summer day, so hot the air outside felt …

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Privacy-Focused Coin Zcash Forks Into New Blockchain Network Ycash

Privacy-focused digital currency Zcash (ZEC) has forked into a new blockchain network dubbed Ycash, whose total supply amounts to 21 million coins. According to a tweet by the Ycash Foundation, the first block of Ycash was mined today, July 19, at 7:36:51 PM PDT. Ycash forked off Zcash blockchain at block height 570,000 and is …

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Monero and Zcash Conferences Showcase Their Differences (And Links)

Last weekend, two privacy coin conferences heralded the future of cryptocurrency governance: the hybrid startup model versus grassroots experimentation. Over 200 people gathered in Croatia for Zcon1, organized by the nonprofit Zcash Foundation, while roughly 75 attendees gathered in Denver for the first Monero Konferenco. These two privacy coins are fundamentally different in a variety …

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Zcash Rolls Out New Software Client to Bolster Network Health

Nonprofit organization The Zcash Foundation has partnered with blockchain company Parity Technologies to release a new, open source software client for the cryptocurrency Zcash, according to a press release on June 17. The new software client, Zebra, purportedly exists to provide redundancy in the case of its first client — Zcashd — failing. Zcash hopes …

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Is Bitcoin’s Increasing Anonymity a Threat to Privacy Coins?

It’s no secret that Bitcoin isn’t actually anonymous, despite what various outside observers of crypto might claim. It is, in fact, pseudonymous, as its transactions are vulnerable to being traced to specific individuals by governments and intelligence agencies with enough determination and knowhow. However, in recent months, the privacy it offers users has been steadily …

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Ex-Employee Sues Startup Behind Zcash for $2M Over Unpaid Stock

A former employee, Simon Liu, is suing the former Zerocoin Electric Coin Company for $2 million over unpaid shares, breach of contact, and damages, according to court documents filed on May 29. Zerocoin is the organization behind the popular cryptocurrency Zcash (ZEC). The complaint, filed in the Superior Court of California for the County of San Francisco, …

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Ex-Employee Sues Zcash Operator in $2 Million Lawsuit Over Unpaid Stocks

The company behind cryptocurrency zcash (ZEC) is facing a $2 million legal challenge over unpaid shares, documents originally filed on May 29 confirm. According to the complaint, which appeared at the Superior Court of California for the County of San Francisco, an ex-employee brought the charges after he did not receive $15,000 of stock in …

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New Malware Campaign Spreads Trojans Through Clone Crypto Trading Website

Twitter user and malware researcher Fumik0_ has discovered a new website that spreads cryptocurrency malware, according to a report by Bleeping Computer on June 5. According to the report, the host for transmitting these viruses is a website that imitates the website for Cryptohopper, a website where users can program tools to perform automatic cryptocurrency …

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Grayscale: BTC Holdings Make Up $1.97B of $2.1B Assets Under Management

American digital asset manager Grayscale announced that out of the firm’s $2.1 billion of assets under management, $1.97 billion resides in its bitcoin investment trust. The firm tweeted the figures on May 28. According to the published data, the bitcoin (BTC) trust is responsible for nearly 94% of the firm’s total assets under management. Meanwhile, …

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