Eigen Labs and Shielded Labs launch HashSmash, an open competition using AI to test the security of widely used cryptographic hash functions like SHA-256, SHA-3, BLAKE3, and Poseidon.
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Key facts: NU7 risk to CRYPTO:ZECUSD Sprout; THORChain swaps; $750K
NU7 testnet poses a risk to ZECUSD Sprout pools, requiring migration. THORChain now supports native ZEC spot swaps. A $750K grant was approved for Zcash policy work.
The price of Zcash (ZEC) has fallen 18.2% from its late September peak, with the upcoming NU7 upgrade nearing its testnet deployment. The mainnet launch date remains undecided, and there is a lack of clear reasons for the price fluctuations.
Crypto-linked stocks like MSTR, COIN, and BMNR rallied as Bitcoin neared its September peak. Bitcoin itself stalled near $87,000, with other major cryptocurrencies showing mixed performance.
Over the past 24 hours, leveraged positions worth $133.67 million have been liquidated in the cryptocurrency market. Notably, short positions saw liquidations 3.3 times greater than long positions. Bitcoin experienced the largest liquidations, amounting to $73.14 million.
Zcash (ZEC) native spot swaps are now live on THORChain, enabling direct, decentralized BTC to ZEC exchanges. This offers Bitcoin holders a non-custodial path to a privacy asset and expands THORChain's swap capabilities.
62% of altcoin futures open interest is concentrated in the top 10 assets. However, this does not directly indicate liquidation risk per account. Due to the nature of cross-margin accounts, risks can be compounded as collateral is shared across positions.
Zcash's NU7 network upgrade has activated on testnet, aiming to reduce block times and introduce a fee mechanism. Mainnet launch is targeted for Nov 5, but users with legacy Sprout balances must migrate funds before then.
US Bitcoin ETFs have seen inflows for three consecutive weeks, while Ethereum ETFs have reversed course and experienced outflows. Last week, Bitcoin ETFs attracted approximately 38 billion yen, bringing the cumulative net inflow to over 9 trillion yen. In contrast, Ether ETFs saw outflows of about 21.8 billion yen last week. Other altcoin ETFs also experienced inflows and outflows.
Bitcoin ETFs saw a third week of inflows totaling $241.1M, bringing YTD to $1.2B. Ether ETFs experienced $138M in outflows. Zcash ETFs had their first outflow ($94M), while Solana and XRP ETFs continued inflows.
In the past 24 hours, a total of $129.17 million in leveraged positions were liquidated in the cryptocurrency market, with short positions accounting for 78.63%. Bitcoin recorded the largest liquidation volume at $72.57 million.
Bitcoin fell just short of $87,000, trading in the $86,000 range. After briefly approaching an 8-month high, it subsequently dropped by about $1,000. Among altcoins, Dogecoin saw a rise of over 3%. The market is watching for a daily closing price above $87,000.
Bitcoin approached an eight-month high near $87,000 but pulled back, trading below that level. The cryptocurrency saw a slight 24-hour gain, with altcoins like Dogecoin showing stronger performance. Market focus is on whether Bitcoin can sustain a close above $87,000.
Bitcoin approached its 8-month high of $87,000 but gave back its gains, falling back to the $86,000 level. Dogecoin rose more than 3%, and altcoins generally showed slight gains. The market is watching to see if Bitcoin can close the daily candle above $87,000.
Zcash (ZEC) has applied its upcoming upgrade, 'NU7,' to the testnet. This upgrade aims to reduce block generation time from 75 seconds to 25 seconds and introduce a sustainability mechanism that redirects a portion of transaction fees to future rewards. The network is now entering its final testing phase before the mainnet launch scheduled for November 5th.
Zcash activated its NU7 upgrade on testnet, aiming to reduce block time to 25 seconds and disable V4 transactions. Users must move legacy Sprout funds before mainnet rollout, targeted for November 5.
Zcash has completed the application of its next upgrade, 'NU7', to the testnet. The upgrade aims to reduce block generation time from 75 seconds to 25 seconds, disable V4 transactions, and introduce a network sustainability mechanism. The mainnet adoption is targeted for November.
The Zcash NU7 upgrade has been applied to the testnet, with the mainnet application scheduled for November 5th. However, there are discrepancies in the information regarding the timing of the testnet application, requiring further confirmation.
Zcash's NU7 network upgrade has been activated on testnet, reducing block spacing to 25 seconds and introducing a Network Sustainability Mechanism. Users must move funds from the Sprout pool before mainnet activation on Nov. 5.
Zcash has activated the NU7 upgrade on its testnet. This upgrade shortens block intervals from 75 to 25 seconds, disables version 4 transactions, and introduces a sustainability mechanism. Mainnet activation is targeted for November 5th.












