Markets· ★★★· neutral·

Winklevoss: Zcash adoption still early, hacked-funds moves are a separate matter

  • —At the Singapore panel only about 10 of thousands of attendees raised a hand to say they hold ZEC
  • —ZachXBT: 2,746 ZEC worth about $3.9M from a wallet tied to the Bitget attack moved into the Ironwood pool
  • —Specter linked funds from the CryptoBilis case and a $12M Triple-A hack to ZEC, without transaction details
  • —The ZEC ETF S-1 was filed with the SEC on Oct. 6 but has not been declared effective
Why it matters: Rising interest in Zcash supports demand for privacy coins, but real adoption and ETF approval remain unconfirmed.
#ZEC
Source: TokenPost
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