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In May, Bitcoin underwent its long-awaited block reward halving.
Innovation seems to have drawn a huge number of investors to altcoins, as the latest July data from investment platform eToro showed that some coins saw a month-on-month increase in trading of over 500 percent.
Ever since crypto-crimes and criminals using Bitcoin and other cryptocurrencies to launder money became a thing, the field of crypto-forensics has come up as an unlikely “evil good.” The field has, somewhat, proven most cryptocurrencies are not fully private as previously imagined.
[Update at 14:50 UTC] Benjamin Winston, Director of Security at ECC, told CryptoSlate via a tweet the paper was simply a “review” of existing material and proposes a new attack that is based on a “faulty understanding” of the Zcash protocol by the Hush team.
Zcash and Dash appear to be leading the cryptocurrency market.
Binance US, Binance’s crypto trading created exclusively for customers in the United States, announced that it had listed two new cryptocurrencies–Algorand (ALGO) and Zcash (ZEC).
Coinbase has told customers in the United Kingdom it will remove support for Zcash (ZEC) on the 26th of August, 2019, just days after British tax authority HM Revenue & Customs reportedly requested customer and transaction data from the cryptocurrency exchange.
Funds dedicated to Zcash’s ongoing development will see a drastic reduction from the ZEC block reward halving in October of 2020.
The privacy-focused Zcash has become the next digital currency to have a “friendly” network split, with Bitcoin Gold being the first.
There is evidence that the second largest Zcash mining pool is censoring shielded (private) transactions.