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The decentralized finance (defi) ecosystem has matured quite a bit in 2020 and one project that’s seen some growth is the Ren Protocol. The application that allows people to access inter-blockchain liquidity for a number of defi applications. The following post is a step-by-step guide on how to leverage the Ren Protocol with Bitcoin Cash … Read more
A study into the traceability of top privacy coins reveals over 99% of Zcash users fail to utilize the protocol’s privacy features. Go to Source Powered by WPeMatico
The Zcash network has recorded a 70% jump in fully shielded transactions, marking a new record for April of over 8,700. This compounds gains of 100% made in March. Go to Source Powered by WPeMatico
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling Zcon2 and reduced travel expenses. Zcash is … Read more
Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading … Read more
The Electric Coin Company, a group that supports the development of Zcash (ZEC), announced the community has voted to distribute 20% of the ZEC network’s mining rewards to infrastructure and marketing development. The ZEC development funding proposal was initiated because the coin’s Founder’s Reward expires in November and after block 1,046,400, ZEC miners will only … Read more
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin Gold Hacked for $18 Million … Read more
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which are also quoted publicly. Also read: 7 Crypto Exchange-Traded Products Now Live on Swiss … Read more
After a terrible week, cryptocurrency markets are finally looking better. The bleeding seems to have stopped and markets are currently trading sideways. This current uptrend may continue if the bulls manage to beak above major resistance level that’s up ahead. Let’s take a look at some of our favorite cryptocurrencies ZCash, Dash and NEO and … Read more
It would appear the notorious ZCash project has hit a fair few hurdles in recent days. Not only is there a trademark dispute regarding the ZCash name, but it seems the price of this altcoin is collapsing as well. Finding a solution to either of these problems may be further away than most people realize. … Read more
