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Project

Zcash

Zcash (ZEC) is a privacy-focused cryptocurrency that uses zero-knowledge proofs to enable optional shielded transactions.

Known aliases

  • ZCash
  • ZEC
  • $ZEC

Current stories

investOne report1 publisher

Fortitude sold $8.3 million of borrowed ZEC ahead of 9,000 rigs that equal a quarter of Zcash's hash rate

Fortitude Mining sold 5,790 borrowed ZEC for about $8.3 million to fund its Zcash mining expansion. Repayment is in dollars, so no buyback is due, and its 9,000 rigs would add about 25% to network hash rate at nameplate.

Publishers:cryptoslate.com

Reality

Evidence58
Adoption
Not scored
Hype gap+15
Incentives55
Confidence55
investOne report1 publisher

Liquidations of $17.9 million equal under 1% of Zcash's 11% market-cap loss

Zcash fell 11% in 24 hours to an $18.5 billion market cap, per Decrypt data, after a 460% run from its March lows. Liquidated longs came to $17.9 million, under 1% of the roughly $2.3 billion lost, so leverage alone cannot account for the fall.

Publishers:decrypt.co

Reality

Evidence50
Adoption
Not scored
Hype gap+20
Incentives
Not scored
Confidence55
investOne report1 publisher

Traders are closing bitcoin positions before a CPI print forecast at 3.6%

Bitcoin traded around $83,450 in the European morning as economists forecast US CPI inflation of 3.6%, up from 3.4%. CoinDesk reported open interest in bitcoin is down 3.5% as positions are closed ahead of the print.

Publishers:coindesk.com

Reality

Evidence62
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence60
investConfirmed3 publishers

Ripple's $250,000 bounty equals 0.0003% of the XRP value Veria says the bug put at risk

Ripple paid Veria Labs the $250,000 program maximum for an XRP Ledger bug that could have minted about 18.45 trillion XRP. ZachXBT called the sum too small and warned it could tempt the next finder to exploit instead of report.

Perspective Coverage

3 publishers
Builder
Builder 28%
Operator
Operator 30%
Investor
Investor 42%

Reality

Evidence60
Adoption80
Hype gap+25
Incentives60
Confidence62
investOne report1 publisher

Small tokens outrun majors on order books that have kept thinning since the October 2025 crash

Net outflows from U.S. spot bitcoin ETFs reached $681 million last week, according to SoSoValue, their highest since June. Small tokens rallied through it, and CoinDesk research says their order books are still thinning.

Publishers:coindesk.com

Reality

Evidence58
Adoption
Not scored
Hype gap+10
Incentives
Not scored
Confidence60
investOne report1 publisher

Zakura expects post-quantum signature opcodes for Zcash's transparent payments in January

Zakura, a Zcash full-node builder, expects opcodes for hash-based signatures on transparent payments to land in Zcash in January. No date has been confirmed for switching them on across the network, so January is when the code arrives and the protection date is still open.

Publishers:decrypt.co

Reality

Evidence35
Adoption10
Hype gap+30
Incentives55
Confidence40
investOne report1 publisher

Shielded Bitcoin would need about four times a normal payment's block space to hide amounts

Alloc Init researchers designed a Zcash-style Bitcoin privacy layer that needs no soft fork and uses about four times a normal payment's on-chain footprint. It would hide a desk's amounts and counterparties while timing stays public, and it exists only on paper.

Reality

Evidence40
Adoption3
Hype gap+5
Incentives
Not scored
Confidence45
investConfirmed3 publishers

Zcash developers target January for quantum-resistant signatures on the pool holding 70% of ZEC

Zcash developers aim to add quantum-resistant, hash-based signatures in January for transparent payments, which hold about 70% of issued ZEC. Shielded funds, the remaining three in 10 coins, wait for separate safeguards.

Perspective Coverage

3 publishers
Builder
Builder 42%
Operator
Operator 27%
Investor
Investor 31%

Reality

Evidence60
Adoption15
Hype gap+25
Incentives40
Confidence58
investOne report1 publisher

Outside cash accounts for about a fifth of Grayscale's $1 billion Zcash fund

Grayscale's Zcash fund passed $1 billion in assets within a month of listing, though only about $200 million of that is cash from outside investors. Most of the rest is coins carried over from its 2017 trust and a ZEC price that roughly doubled after trading began.

Reality

Evidence58
Adoption40
Hype gap+45
Incentives78
Confidence55
investConfirmed7 publishers

Winklevoss prices its Zcash ETF at a tenth of Grayscale's 2.5% fee

Winklevoss Asset Services filed for a spot Zcash ETF with a 0.25% sponsor fee, a tenth of the 2.50% Grayscale charges on its $751 million fund. Grayscale's recent withdrawals came before the filing and tracked a 21% fall in ZEC, so the fee gap has not yet been tested.

Perspective Coverage

7 publishers
Builder
Builder 14%
Operator
Operator 32%
Investor
Investor 54%

Reality

Evidence72
Adoption25
Hype gap+35
Incentives78
Confidence66
investConfirmed5 publishers

Zcash's NU7 puts a tentative Nov. 5 deadline on ZEC left in Sprout

Zcash's NU7 upgrade, live on testnet since Oct. 4, will leave ZEC in the legacy Sprout pool unspendable if it reaches mainnet on its Nov. 5 target. Holders' real cutoff is a block height that developers plan to set at an Oct. 20 review.

Perspective Coverage

5 publishers
Builder
Builder 37%
Operator
Operator 37%
Investor
Investor 26%

Reality

Evidence76
Adoption25
Hype gap+5
Incentives
Not scored
Confidence72
investOne report1 publisher

Bitcoin miners cut reserves by more than a third to 1.19 million BTC

Bitcoin miners cut their reserves from 1.9 million BTC at the end of 2025 to about 1.19 million, near all-time lows, Cryptopolitan reported. Some of the selling is tied to AI data-center builds, and miners' shares are now sliding back from their summer peaks.

Reality

Evidence32
Adoption
Not scored
Hype gap+30
Incentives
Not scored
Confidence30
investConfirmed3 publishers

Nine September days brought in half of Bitcoin ETFs' $6.34 billion third-quarter inflow

Bitcoin ETFs took in $6.34 billion in the third quarter as the coin rose nearly 43%, about $3.1 billion of it in a nine-day September streak. The money is real, but its late arrival leaves open whether it drove the rally or chased it.

Perspective Coverage

3 publishers
Builder
Builder 5%
Operator
Operator 13%
Investor
Investor 82%

Reality

Evidence60
Adoption62
Hype gap+25
Incentives
Not scored
Confidence58
investOne report1 publisher

Privacy coins Zcash and Monero lead a flat $3 trillion crypto market

Zcash rose 3% and Monero 2.14% over 24 hours to lead the largest coins, while Bitcoin gained 0.59%. The $30.25 million that left Grayscale's Zcash ETF on Sept. 30 equals about 0.13% of Zcash's $23.18 billion market value.

Publishers:decrypt.co

Reality

Evidence45
Adoption25
Hype gap+15
Incentives
Not scored
Confidence40
investOne report1 publisher

One day of Ethereum ETF inflows cuts against a $138 million weekly outflow

US spot Ethereum ETFs drew net inflows on Oct. 5 while Bitcoin and Solana funds lost money, against a week in which Bitcoin took $241.09 million. Ethereum funds still lost $138.02 million that week, and one day of buying needs a weekly print behind it to count as a trend.

Reality

Evidence40
Adoption60
Hype gap+15
Incentives
Not scored
Confidence42
investConfirmed4 publishers

Zcash's policy group registers a single lobbyist against a $750,000 first-year budget

Pretty Good Policy for Zcash has registered Divij Pandya as its sole Washington lobbyist on a $750,000 first-year budget. The move takes Zcash's policy work out of developer lab ZODL and puts it in a separate group that looks to Zcash Community Grants for its money.

Perspective Coverage

4 publishers
Builder
Builder 26%
Operator
Operator 46%
Investor
Investor 28%

Reality

Evidence72
Adoption
Not scored
Hype gap+12
Incentives55
Confidence70
investConfirmed3 publishers

Grayscale's Zcash ETF would erase its net inflows within eight trading days at late-September redemption rates

Grayscale's ZCSH, the first US spot Zcash ETF, lost $93.56 million to outflows in one week, leaving $212.56 million of net inflows since its August launch. Its assets fell further, to about $751 million from a September peak as high as $979 million, with ZEC's price accounting for much of the drop.

Perspective Coverage

3 publishers
Builder
Builder 7%
Operator
Operator 20%
Investor
Investor 73%

Reality

Evidence68
Adoption55
Hype gap+15
Incentives60
Confidence65
investConfirmed3 publishers

Issuers and protocols have frozen about 0.2% of the $387 million taken from Bitget

Chainalysis tied the $387 million Bitget hack to North Korea-linked hackers, saying it pushed their 2026 crypto theft past $1 billion. Its AI cut more than 20 hours of tracing to minutes, while the bill falls on a Bitget user fund the exchange puts above $464 million.

Perspective Coverage

3 publishers
Builder
Builder 32%
Operator
Operator 41%
Investor
Investor 27%

Reality

Evidence70
Adoption25
Hype gap+35
Incentives60
Confidence65
investOne report1 publisher

Zcash tests 25-second blocks on Oct. 6 ahead of an Oct. 20 mainnet call

Zcash's NU7 upgrade goes to testnet on Oct. 6, cutting target block time from 75 to 25 seconds with daily ZEC issuance held roughly flat. Nothing changes this month on the chain carrying real ZEC, so the token's October price trades on a test result and a scheduling call.

Publishers:crypto.news

Reality

Evidence55
Adoption
Not scored
Hype gap0
Incentives
Not scored
Confidence50

Earlier coverage

  1. Hester Peirce argues in her final SEC weeks that bigger KYC files make criminals harder to find

    Invest · September 24, 2026 · Confirmed3 publishers

  2. Suspected North Korean hackers have hidden about 1% of Bitget's $387.5 million loss in Zcash

    Invest · September 30, 2026 · Confirmed2 publishers

  3. Gracy Chen measures Bitget's odds of recovering $388 million against Bybit's 3.5%

    Invest · September 30, 2026 · Confirmed2 publishers

  4. Bitget's hackers push $3.9 million of stolen ZEC into Zcash's untraceable Ironwood pool

    Invest · September 30, 2026 · Confirmed2 publishers

  5. Bitcoin ETFs' $3.1 billion nine-day streak turned their year's net flows positive

    Invest · September 30, 2026 · Confirmed2 publishers

  6. Alloc Init's 56-page private Bitcoin spec leaves deposits and withdrawals for a second paper

    Invest · September 27, 2026 · Confirmed3 publishers

  7. A returned grant reopens the argument over 20% of every Zcash block reward

    Invest · September 19, 2026 · Confirmed2 publishers

  8. Grayscale splits its Zcash ETF three ways five weeks after listing it

    Invest · September 19, 2026 · Confirmed5 publishers

  9. 21Shares opens Europe's first Zcash ETP with 5,000 units on Euronext Paris and Amsterdam

    Invest · September 23, 2026 · Confirmed2 publishers

  10. Grayscale's ZCSH puts Zcash in brokerage accounts, and none of its ZEC is shielded

    Invest · August 25, 2026 · Confirmed3 publishers

  11. Cypherpunk paid $33.33m for Zcash rigs in shares, and its own backer was the seller

    Invest · August 19, 2026 · Confirmed3 publishers