Zero - Knowledge Proofs
Search documents
Zcash Drops, Then Pops as Bitcoin Billionaire Arthur Hayes Warns Holders to Remove ZEC From Exchanges
Yahoo Finance· 2025-11-12 21:30
Core Insights - Bitcoin billionaire Arthur Hayes advised investors to withdraw their Zcash holdings from centralized exchanges due to increased volatility in the privacy coin market [1][4] - Zcash, currently the 24th largest digital coin by market value, experienced significant price fluctuations, trading above $537 but dropping to as low as $430 earlier in the day, representing a 30% decline from its previous week's high [2] - Hayes' warning aligns with broader industry sentiment that holding funds on centralized exchanges poses risks due to potential hacking vulnerabilities [4] Market Performance - Zcash was trading at over $537, reflecting a more than 10% increase in the past 24 hours, but it is still approximately 30% below its high from the previous week [2] - The token's all-time high was recorded at $3,192 in 2016, indicating a significant decline from its peak value [2] Industry Context - As a privacy coin, Zcash utilizes zero-knowledge proofs to encrypt transaction information, allowing users to send and receive funds privately [5] - There is a historical caution against keeping privacy coins on centralized exchanges due to the risk of exposing personal information, which contradicts the privacy objectives of these coins [6] - The recent rally in Zcash was partly driven by concerns over the government's ability to track Bitcoin transactions, highlighting the demand for privacy-focused cryptocurrencies [6]
Zama Announces Strategic Acquisition of KKRT Labs to Scale Confidentiality on Public Blockchains
Yahoo Finance· 2025-11-05 15:04
Core Insights - Zama has acquired KKRT Labs to enhance its capabilities in blockchain scalability and confidentiality [1][3] - KKRT Labs is recognized for its expertise in Zero-Knowledge Proofs and aims to build efficient proving engines for Ethereum-compatible chains [2][4] - The collaboration aims to achieve over 10,000 confidential transactions per second on public blockchains, enabling advanced financial applications [3][4] Company Overview - Zama is focused on developing the Zama Confidential Blockchain Protocol, emphasizing scalability and confidentiality [1][4] - KKRT Labs, also known as Kakarot, is a leading research firm in the blockchain space, backed by notable investors including Vitalik Buterin [2][5] - The integration of KKRT Labs into Zama will involve retaining key personnel and aligning ongoing projects with Zama's roadmap [5] Industry Impact - The acquisition is expected to accelerate the development of scalable on-chain confidentiality solutions, which are critical for the future of decentralized finance (DeFi) [3][4] - The partnership reflects a growing trend in the blockchain industry towards open-source innovation and the importance of confidentiality in decentralized systems [4][5] - The advancements in Zero-Knowledge Proof technologies are likely to enhance privacy and security in blockchain transactions, benefiting various financial applications [2][3]
3 Privacy Coins To Watch For The End Of October
Yahoo Finance· 2025-10-19 14:46
Core Insights - Privacy coins are experiencing renewed interest, with traders speculating on a potential "privacy coin supercycle" as several tokens see significant price rallies, including one that surged nearly 350% in 30 days [1] - The resurgence is attributed to increasing regulatory scrutiny on on-chain transparency, prompting traders to seek privacy-focused projects [1] Zcash (ZEC) - Zcash (ZEC) has seen a remarkable price increase of 350%, reaching a four-year high of over $297 before a profit-taking correction of about 18% [2][3] - Despite the recent pullback, ZEC shows potential for further gains, with a bullish divergence indicated by the price forming a higher low while the Relative Strength Index (RSI) made a lower low [3][4] - For ZEC to confirm renewed strength, it must reclaim $246 and close above $297, which could lead to targets of $312 and $342, with an extended target of $438 based on Fibonacci projections [5] - Maintaining a price above $186 is crucial for ZEC's bullish structure, while falling below this level may trigger more aggressive profit-taking [6] Dash (DASH) - Dash (DASH) has gained nearly 83% in the past 30 days, although it has experienced a 24.8% pullback recently due to profit-taking [7][8] - The recent correction in DASH's price may be part of a larger continuation pattern rather than indicating a full reversal [8]
Trust Stamp Unveils Zero-Knowledge Proofs for Remote Human Presence, Advancing KYC and Age Assurance
Globenewswire· 2025-09-23 13:45
Core Insights - Trust Stamp has introduced a pioneering advancement in digital identity and age verification through Zero-Knowledge Proofs (ZKP) for remote human presence, addressing the need for secure and privacy-preserving solutions in KYC and age assurance processes [1][2][3] Group 1: Technology and Innovation - Traditional age and identity verification methods compromise user privacy and are vulnerable to credential sharing and "friendly fraud" [2] - Trust Stamp's Biometric Bound Credentials (BBCreds) utilize ZKP technology to cryptographically bind age and identity credentials to an individual's biometric features without storing biometric templates, ensuring that only the legitimate user can access age-restricted services [2][3] - The ZKP-based approach allows organizations to verify remote human presence and age without exposing sensitive biometric data, enhancing compliance and user trust [3] Group 2: Industry Relevance - The innovation is particularly significant as it addresses urgent requirements for age verification to comply with online child safety regulations globally [3] - Trust Stamp's mission is to deliver privacy-first authentication solutions that empower users and organizations worldwide, redefining secure, user-centric digital identity and age verification [3][6] Group 3: Company Overview - Trust Stamp is a global provider of AI-powered services across multiple sectors, including banking, finance, regulatory compliance, government, healthcare, and more, focusing on reducing fraud and enhancing operational efficiency [6] - The company trades on the Nasdaq Capital Market under the ticker IDAI and has a diverse team from twenty-two nationalities across eight countries [6]