Electric Coin Company - Febspot

Electric Coin Company

A collection of 8 posts

SEC closes probe into Zcash Foundation as ZEC rallies 13% — Assets.beincrypto.com

SEC closes probe into Zcash Foundation as ZEC rallies 13%

Beincrypto reports the U.S. Securities and Exchange Commission has closed its investigation into the Zcash Foundation and informed the nonprofit it does not intend to recommend any enforcement action or other regulatory changes tied to that matter. The probe began in August 2023 under a broad inquiry called “Certain

Monero hits new all-time high of $595.96 as privacy coins rally — Media.crypto.news

Monero hits new all-time high of $595.96 as privacy coins rally

Monero's price hit a new all-time high of $595.96 on Jan. 12, marking its highest level since 2018, according to data from crypto.news. The outlet reported XMR was up 18% in the past 24 hours and 59% from its December low, and was trading at $575

Monero tops $500 for first time since 2021 as Zcash faces leadership crisis — Images.cointelegraph.com

Monero tops $500 for first time since 2021 as Zcash faces leadership crisis

Monero (XMR) surged past the $500 mark for the first time since May 2021, briefly touching $500.66 after rising more than 6% on Sunday and about 20% over the past week, bringing it close to its April 2021 record near $517.50. The rally came amid turmoil at rival

Bitcoin steadies near $91k as US spot ETF inflows reverse and altcoins reprice — Images.cointelegraph.com

Bitcoin steadies near $91k as US spot ETF inflows reverse and altcoins reprice

Cryptocurrency markets saw a limited recovery this week as investor liquidity returned after the holidays, with Bitcoin topping a weekly high of $94,458 on Monday before declining to about $90,937 at the time of writing on Friday. US spot Bitcoin exchange-traded funds experienced a sharp reversal: after $1.

Zcash developer activity falls to lowest since 2021 amid governance dispute — Images.cointelegraph.com

Zcash developer activity falls to lowest since 2021 amid governance dispute

Developer activity tied to the privacy-focused cryptocurrency Zcash has dropped to its weakest level since November 2021, according to data from market intelligence firm Santiment, while the ZEC token has fallen about 40% over the past two months. Santiment shared the data in a Thursday post on X and said

Zcash rebounds after ECC says exit was governance shift, not protocol failure — Assets.beincrypto.com

Zcash rebounds after ECC says exit was governance shift, not protocol failure

Zcash (ZEC) rebounded on January 8 after an initial sharp sell-off sparked concerns about its core development team, Beincrypto reported. ZEC price fell more than 20% at one point, briefly dropping below $390 before recovering above $430, and trading volume spiked—suggesting forced selling driven by headline risk rather than

Zcash developer exit fuels sell-off as funds appear to shift toward Monero — Assets.beincrypto.com

Zcash developer exit fuels sell-off as funds appear to shift toward Monero

Beincrypto reports Electric Coin Company CEO Josh Swihart confirmed the entire ECC team resigned after what he described as a "constructive discharge," a development that coincided with a steep sell-off and eroded confidence in Zcash. Swihart said board decisions changed employment terms and undermined the team's

Entire Zcash development team quits Bootstrap amid governance dispute — Assets.beincrypto.com

Entire Zcash development team quits Bootstrap amid governance dispute

Beincrypto reports the entire Electric Coin Company (ECC) development team, the core developers of Zcash (ZEC), has left Bootstrap after alleging they were constructively discharged by the nonprofit that governs ECC. Bootstrap, a 501(c)(3) formed in 2020 to govern ECC and support the Zcash ecosystem, is at the