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Zcash

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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Israeli University Sues Professor for Zero-Knowledge Proofs Technology

<strong>A leading Israeli university is suing one of its own senior staff members for allegedly creating a zero-knowledge proofs technology company based on the intellectual property the professor developed while working for the institution.</strong> Also Read: Will Belarus Be the First Country With Nuclear-Powered Bitcoin Mining? The Technion Wants a Piece of Starkware The Technion …

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Bolt Labs Raises $1.5 Million Seed Round to Boost Lightning Privacy

Academic researcher Dr. Ayo Akinyele is working on a cryptographic solution to boost privacy across second-layer blockchain solutions like the lightning network for bitcoin. Akinyele just announced the formation of Bolt Labs, named after the BOLT protocol that aims to give lightning hubs shielded addresses for anonymous payment channels. The startup is launching with a …

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Zooko Wilcox Envisions ‘Ambitious’ Changes for Zcash Cryptocurrency

“We’ve been working on zcash for about five years and I expect it will take five more before it reaches the level of flourishing that has been on our minds all along.” That’s Zooko Wilcox, CEO of Electric Coin Company (ECC) — the firm behind the privacy-focused cryptocurrency zcash. He made the comments about the …

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Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor

<strong>Bitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC). </strong> Also Read: In the Daily: Cryptopia Resumes Trading, US Crypto Lobbying Intensifies, Visa Crypto …

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Bitmain Launches New Zcash Miner Touting 3 Times More Hashing Power

Cryptocurrency mining giant Bitmain has launched a new miner for the privacy-oriented cryptocurrency zcash, which it claims, has three times more hashing power than its predecessor. Announcing the news on Tuesday, Bitmain says the new ASIC (application-specific integrated circuit), called the Antminer Z11, is designed to mine cryptocurrencies that are based on the Equihash algorithm, such …

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