News linked to both this project and an event.
According to Cryptopolitan, Euronext halted trading of CoinShares' newly launched Zcash ETP (code ZCSH) on the Paris market on October 28, just hours after its listing. An Euronext spokesperson stated that the suspension was due to the central securities depository (CSD) temporarily being unable to support standard settlement operations, rather than any regulatory issue, and the product will resume once settlement conditions are met.
Bankless published an article discussing the controversy surrounding excess development funding for Zcash, noting that the size of the Zcash development grant pool has continued to expand, with its current estimated net value reaching approximately $125 million—far exceeding immediate expenditure needs. Zcash co-founder and current head of Tachyon, Sean Bowe, has introduced a proposal recommending the termination of the 8% block reward currently allocated to ZCG during a future network upgrade. On the development funding mechanism, the community has so far put forward four proposals, which respectively involve ending ZCG grants, eliminating the entire development fund allocation system, or gradually reducing the allocation rate to zero. Proponents argue that the current mechanism causes funds to continuously accumulate as ZEC prices rise, while ZCG remains outside direct control by token holders. Opponents, however, worry that scaling back development funding without viable alternatives could hinder the protocol’s ongoing development and maintenance. All proposals remain under discussion and have not yet been finalized.
European stock exchange operator Euronext has suspended the listing and trading of the CoinShares Zcash ETP until further notice. The product was originally scheduled to begin trading on Wednesday on Euronext Paris, but the suspension is due to settlement operational requirements not yet being met.Euronext stated that trading will only resume once the Central Securities Depository (CSD) is able to fully support standard settlement operations. This suspension delays the listing of Europe's fourth Zcash-based ETP. (Cointelegraph)
Odaily reports: Bitcoin rose about 0.8% since midnight (UTC) on Monday to $81,400, after briefly falling below $80,000. Ethereum gained 0.9%, Asian chip stocks led a tech rebound, South Korea's KOSPI rose 6.6%, SK Hynix climbed about 11% on roughly 7x year-over-year profit growth, and Nasdaq 100 futures rose 0.5%.The Federal Reserve is about to announce its rate decision, and the CME FedWatch tool shows the market sees about a 92% probability of rates being held steady. Traders will focus on Fed Chair Kevin Warsh's press conference to gauge whether there is any possibility of a rate hike ahead. U.S. spot Bitcoin ETFs saw net inflows of $176 million on Tuesday, marking a second consecutive trading day of inflows.On the derivatives side, crypto futures trading volume rose 7.5% over the past 24 hours to $163.2 billion, open interest increased only 1.3%, and liquidations rose 38% to $183.6 million. Bitcoin rose 2.3% while open interest actually fell 0.1%; Ethereum rose 2.7% with open interest up 1.7%, indicating the price rebound has not yet been accompanied by large-scale new leverage. ZEC open interest grew 14%, higher than its 6.3% price gain over the same period, making it one of the large crypto assets with the most obvious new position building.In the options market, Deribit data shows that Bitcoin's one-week put/call skew has dropped from nearly 10% a week ago to less than 1%, indicating that demand for short-term downside protection has weakened somewhat, though the one-month, three-month and six-month tenors remain clearly skewed toward puts. Meanwhile, gold futures open interest fell 10%, while open interest for Tether's gold token XAUT rose 11.6%, showing divergent capital flows. (CoinDesk)
Odaily Report: Zcash co-founder Sean Bowe has submitted a proposal to stop the automatic allocation of block rewards to the Zcash Community Grants (ZCG) program and redirect the remaining 8% of block rewards originally allocated to the program to the Network Sustainability Mechanism (NSM). He stated that ZCG currently holds over $125 million in funds and will receive several million more before the funding inflow stops, and that the existing grants program was not designed to manage funds of this scale.According to the draft proposal, ZCG holds 91,452.98 ZEC and approximately $8.8 million in USD-denominated assets, with $2.4 million in outstanding grant commitments. Bowe noted that the current 8% allocation mechanism generates over $68 million worth of ZEC per year, while the Financial Privacy Foundation disclosed that ZCG's spending in the first quarter of 2026 was only $1.53 million. If the proposal is approved, the original allocation percentage will be redirected to the NSM, and the total Zcash issuance will not increase. Meanwhile, the separate 12% of block rewards allocated to the Coinholder-Controlled Fund will remain unchanged. ZCG will still be able to retain and manage its existing assets, continue approving grants, and fulfill outstanding commitments.The proposal has not yet specified an activation block height and has not been included in the currently planned NU7 network upgrade; it would require a future network upgrade to take effect. (The Block)
Zcash co-founder Sean Bowe has released a ZIP draft proposing to halt the automatic allocation of block subsidies to the Zcash Community Grants (ZCG) and redirect the original 8% subsidy portion to the Network Sustainability Mechanism (NSM). The draft notes that ZCG currently holds approximately 91,452.98 ZEC, valued at around $125 million, indicating that existing funds are sufficient to continue supporting related activities without requiring ongoing block subsidies. If the proposal takes effect, starting from a designated activation height, the original 8% allocation will be transferred to the NSM fund until the original funding stream expires; ZCG's existing assets and governance rules will remain unchanged.
According to Bloomberg, Gemini founders the Winklevoss brothers and DCG founder Barry Silbert are expanding their presence in the Zcash ecosystem. The entities they back, Cypherpunk Technologies and Fortitude Mining, have emerged as leading ZEC miners and plan to invest tens of millions of dollars to further increase their hashrate. Currently, Cypherpunk accounts for approximately 20% of Zcash's total network hashrate; Fortitude stated that after its latest batch of equipment is deployed, its share will also reach roughly 20%.
Bonk Guy posted on X stating that Bitcoin has risen about 3% since yesterday, while ZEC, which focuses on privacy features, has surged 16% over the same period, adding over $3 billion in market capitalization, as the privacy sector becomes a market focal point. He noted that MASK currently has a market capitalization of only about $26 million, yet it is the highest-revenue privacy coin protocol, with protocol trading volume and fees continuing to hit all-time highs, and its Solana version expected to launch within days, which is poised to further boost usage, trading volume, and fee revenue. According to DeFiLlama data, MASK's revenue exceeds the combined revenue of the next 10 privacy protocols. Bonk Guy believes that MASK combines a real product, genuine user demand, growing adoption, and potential catalysts, and remains severely undervalued by the market.
Odaily reports: Grayscale has announced the launch of an in-kind investing mechanism, allowing investors to directly deliver eligible digital assets in exchange for shares in Grayscale products. Grayscale stated that this mechanism is expected to reduce the burden on investors of self-custodying assets, lower potential trade execution costs, and make digital assets easier to incorporate into traditional portfolio management. Currently, the mechanism covers 10 products, including Bitcoin Mini Trust ETF (BTC), Ethereum Staking Mini ETF (ETH), Avalanche Staking ETF (GAVA), Chainlink Trust ETF (GLNK), Dogecoin Trust ETF (GDOG), Hyperliquid Staking ETF (HYPG), Solana Staking ETF (GSOL), Sui Staking ETF (GSUI), XRP Trust ETF (GXRP), and Zcash ETF (ZCSH).
According to CoinDesk, Zcash developers have reached an agreement on the NU7 upgrade, which is scheduled to activate at block height 3,543,405 (expected around November 5). The upgrade will reduce the block time from 75 seconds to 25 seconds, tripling transaction confirmation speeds. At the same time, 60% of the fees collected per block will leave circulation, with plans to return them to miners beginning in February 2031, while the existing block reward halving schedule remains in effect.
According to CoinDesk, the development team behind Zcash's new node software, Zakura, plans to generate a unique viewing key for each ZEC swap conducted via NEAR Intents, while the spending key remains secured by the user's primary account. Under the current architecture, when users swap private ZEC for USDC via NEAR Intents, one of their Zcash privacy addresses is publicly broadcast on the NEAR public chain as a refund address and remains retained after the swap is completed. While this address currently does not leak information, sufficiently powerful quantum computers in the future could potentially reverse-engineer the viewing key using Shor's algorithm, thereby linking all payments received by that account, including amounts and memos. By implementing a "one-key-per-swap" approach, even if a refund address is compromised, attackers will only be able to view payments related to that specific swap. To address the issue of having to scan the entire blockchain sequentially during wallet recovery due to an abundance of keys, Zakura employs Private Information Retrieval (PIR) technology, allowing the wallet to query the location of incoming refunds without the database learning which address was queried.
According to U Today, global cryptocurrency mining pool and infrastructure provider EMCD has added a new Zcash (ZEC) mining pool, emphasizing to users that with current hashrate returns remaining stable, ZEC serves as a strong allocation option rather than a complete replacement for a diversified mining portfolio. At the same time, EMCD also supports sending mined tokens directly to miner-designated wallet addresses instead of holding them in custody, thereby allowing miners to independently choose their cash-out channels.
Odaily News: Bybit today added three stock perpetual contracts—Zcash ETF (ZCSHUSDT), Synopsys (SNPSUSDT), and GRAIL (GRALUSDT)—with leverage of up to 25x. A limited-time trading fee promotion is available during the launch period: 0% maker fee and 50% off taker fee.
according to an official announcement, Bitget has listed ZCSH (Grayscale Zcash Trust) and SNPS (Synopsys) stock perpetual contracts. These contracts are settled in USDT, support up to 20x leverage, and offer 24/7 trading. As of now, Bitget supports a total of 348 stock contract underlying assets.
According to an official announcement, Odaily reports that Gate will launch contract trading, trading bots, and copy trading for MP (MP Materials), ZCSH (Grayscale Zcash Trust), SNPS (Synopsys), LEN (Lennar Corporation), SBUX (Starbucks), VKTX (Viking Therapeutics), UMC (United Microelectronics Corporation), USDEX (StablecoinX), LULU (Lululemon), and AKAM (Akamai Technologies) on October 13, 2026, at 12:00 (UTC+8). The contracts support 1x to 20x long and short positions, with leverage selectable at the time of order placement. As of now, Gate supports contract trading for 475 stocks, providing users with more trading strategies and operational options.In addition, Gate's Contract Meme Zone has listed BATON contract trading, trading bots, and copy trading, with contracts supporting 1x to 10x leverage.
Binance Futures will sequentially list USDT-margined TradFi perpetual contracts for ZCSHUSDT, MSTUUSDT, SNPSUSDT, and RDWUSDT starting at 17:00 (UTC+8) on October 12, offering up to 20x leverage. The underlying assets for these contracts are The Zcash ETF Shares (ZCSH), T-Rex 2X Long MSTR Daily Target ETF (MSTU), Synopsys (SNPS), and Redwire (RDW). All support 24/7 trading, and funding rates are settled every 8 hours.
Odaily reports: Zcash full-node development team Zakura has stated that the network is expected to introduce a quantum-resistant signature opcode in January, enabling hash-based signatures for transparent payments. Zcash's transparent payments publicly display transaction information, while shielded payments hide the sender, receiver, and amount.The proposal combines address rotation with private information retrieval, allowing wallets to switch to a new address after each transaction and reduce public key exposure risk through WOTS hash-based fallback signatures. The Vizor wallet launched its private query feature this week, allowing users to enable it for testing in the settings.Zakura's proposal currently only covers Zcash transparent payments, and the network has not yet confirmed the activation time for the opcode. Ethereum researcher Justin Drake has warned that AI-driven mathematical breakthroughs could crack the relevant signatures in months rather than years; Vitalik Buterin believes it is possible that cryptographic technology could be broken within the next two years. (Decrypt)
According to CoinDesk, the privacy cryptocurrency Zcash (ZEC) development team plans to introduce a post-quantum signature opcode on the network in January to support hash-based signatures, thereby defending against potential quantum computing attacks. This proposal primarily targets the transparent (public) payment pool, where approximately 70% of ZEC is currently held. Although developers have set January as the target deadline, the specific timing for network activation has not yet been finalized.
According to Cointelegraph, a Zcash ETF backed by the Winklevosses has filed for registration with the SEC, aiming to list on Nasdaq under the ticker WINK. The fund is slated to be custodied by Gemini Trust and carries no leverage risk.
Binance announced that it will adjust the cross margin borrowing and withdrawal collateral ratios, unified account collateral ratios, and unified account pro tiered collateral ratios for select assets at 14:00 Beijing Time on October 9. The adjustment process is expected to take approximately 30 minutes.