$111,346.00
1.32%$2,673.42
3.39%$2.44
1.64%$686.31
1.44%$182.20
4.62%$0.999812
0.01%$0.247595
2.46%$0.81275
4.81%$0.273649
1.84%$2,670.95
3.57%$110,663.00
0.99%$3.87
-2.11%$34.10
17.77%$3,212.45
3.38%$16.75
3.44%$25.28
7.80%$0.305645
3.55%$0.00001556
3.24%$445.66
7.60%$0.205258
3.47%$8.89
0.21%$3.18
2.25%$100.86
3.06%$4.99
4.12%$2,659.60
3.05%$377.88
-4.50%$0.999662
-0.00%$0.00001553
11.17%$2,838.78
2.95%$5.44
3.67%$0.999607
-0.07%$0.81647
-3.22%$0.998763
-0.05%$111,250.00
1.35%$31.78
5.53%$465.95
1.81%$6.56
2.74%$257.71
2.19%$3.08
6.27%$5.79
8.82%$219.97
5.46%$1.026
3.50%$53.10
0.91%$0.117285
5.07%$5.73
5.68%$19.82
2.99%$0.100588
2.40%$1.00
0.00%$14.45
0.19%$35.82
-0.54%$5.22
8.12%$21.91
-0.18%$0.03075104
3.80%$0.763642
3.04%$1.17
-0.05%$0.422863
4.45%$1.052
-0.00%$5.22
3.69%$1.54
25.75%$0.883121
7.19%$0.252325
2.29%$0.999987
-0.10%$0.433124
3.51%$110,077.00
0.08%$0.242325
4.12%$3.09
3.45%$4.39
-0.76%$2.87
6.61%$0.00002321
10.80%$0.604523
15.01%$0.5279
1.89%$4.74
2.67%$2,676.39
3.74%$0.999156
0.12%$1.57
9.73%$191.11
4.15%$1.013
7.43%$2,777.25
3.15%$11.51
1.49%$98.31
-0.59%$0.821235
6.78%$14.20
11.04%$2.08
3.99%$4.72
5.40%$0.718641
4.60%$0.245505
5.30%$1.29
0.74%$0.01958802
1.74%$1.28
11.88%$3,026.57
3.16%$0.122508
5.51%$0.769565
1.23%$0.999042
-0.10%$0.072309
0.59%$110,858.00
0.99%$1,767.43
0.66%$0.819997
9.72%$0.000114
9.48%$3.44
4.33%$236.57
5.57%$0.983065
6.54%$2,837.31
2.96%$0.02123187
3.50%$0.01931446
3.50%$203.10
5.46%$0.01464387
7.71%$0.999289
-0.09%$110,103.00
0.47%$0.999694
-0.02%$0.982186
6.12%$2,792.56
3.16%$0.231704
0.59%$112,338.00
0.75%$686.06
1.44%$0.843147
-3.27%$0.145198
8.57%$0.341035
5.63%$1.00
-0.01%$0.890928
5.95%$2,780.26
3.06%$3,305.10
-0.85%$2.51
4.84%$50.18
17.65%$0.080495
9.87%$23.99
3.22%$3,310.24
-0.78%$39.33
-2.38%$4.21
4.53%$2.17
10.75%$0.576702
-11.24%$4.62
3.75%$0.00000076
2.29%$2.17
5.55%$12.54
-1.59%$0.122257
1.73%$110,524.00
1.10%$0.438174
3.96%$0.660329
2.79%$2.45
-2.71%$0.01990026
-1.01%$0.999502
-0.04%$0.344702
5.17%$0.997664
-0.00%$0.247835
3.74%$2.05
-0.68%$111.15
0.01%$2,666.62
3.49%$1.094
-1.45%$2,668.02
3.48%$0.708981
1.63%$0.561982
10.14%$0.681901
4.68%$111,197.00
1.41%$19.81
3.60%$0.00974772
5.19%$0.715525
4.61%$0.00552255
25.82%$0.471185
1.32%$2,746.97
3.05%$0.177693
10.21%$0.559466
10.86%$2,849.55
3.16%$0.00000138
16.10%$8.07
3.58%$2,659.71
3.11%$3.17
4.43%$2.11
-1.23%$110,311.00
0.95%$0.200471
1.27%$0.098896
2.96%$0.108537
7.44%$7.05
4.35%$0.194589
5.26%$0.998847
0.06%$1.61
4.42%$0.00528711
3.73%$108,695.00
1.19%$0.740869
3.28%$0.445429
2.91%$0.00002413
1.34%$1.72
12.57%$0.051194
-0.82%$1.71
1.66%$0.04728167
3.33%$0.999804
0.01%$0.062761
-1.99%$0.17059
3.90%$0.00000045
2.06%$1.38
0.09%$0.00848748
7.50%$0.180509
4.17%$2,675.68
3.78%$1.10
-0.08%$34.07
16.96%$38.35
2.94%$0.431481
4.66%$0.383633
11.95%$45.32
2.89%$0.00591971
6.38%$1.088
0.01%$0.00481987
2.29%$0.405238
11.77%$0.995312
-0.18%$0.886862
3.05%$0.00452273
24.78%$3.29
3.72%$2,822.03
3.01%$109,762.00
0.67%$0.999725
-0.23%$0.34919
8.61%$0.252385
2.18%$0.03848733
1.84%$0.01976657
3.58%$0.999515
-0.03%$34.28
17.80%$141.13
1.87%$0.391784
2.81%$2,943.62
3.51%$0.000067
4.41%$111,202.00
1.28%$0.875977
3.23%$1.00
-0.04%$2,898.83
3.09%$25.09
7.43%$0.583563
14.34%$2,674.41
3.53%$0.27215
5.95%$0.241879
3.65%$0.00000164
-0.33%$19.99
4.50%$2.96
6.74%$0.99983
0.01%$0.728193
4.19%$2,657.22
3.18%$0.999208
-0.16%$2,897.27
4.35%$0.800682
-0.53%$0.752312
6.18%$19.47
-0.35%$0.32055
36.00%$3.49
-6.99%$0.00307488
4.27%$0.999564
-0.02%$0.00
5.44%$0.999852
0.05%$25.20
4.21%$0.00073193
-4.59%$3.70
6.84%Reading
Privacy-focused Zcash (ZEC) will be the first coin supported by Wrapped—a cross-chain bridge that allows for bringing various cryptos onto the EthereumEthereum blockchain, Tokensoft and Anchorage jointly announced on Wednesday.
We're proud to support the launch of https://t.co/HNroVZlw9J, a collaboration with @Anchorage and @cmsholdings. A partnership designed to provide access to layer one protocols, more about the partnership here: https://t.co/NAOt4w03pW
— Tokensoft Inc. (@TokensoftInc) October 21, 2020
The bridge will enable Zcash holders to use their shielded ZEC on Ethereum, including on decentralized finance (DeFi) platforms such as Maker, Uniswap and Compound.
“By bringing new liquidity sources into DeFi, and enabling users to benefit from those qualities that make layer one protocols unique, Wrapped is a boon for both market participants and the broader ecosystem,” said Nathan McCauley, Anchorage co-founder and CEO.
To move a coin onto a different blockchain—in this case, ZEC onto Ethereum—a special smart contract first locks up (stakes) the original coins in their native network, and then creates a “wrapped” copy of them on a new blockchain at 1:1 ratio.
These wrapped coins fully retain the original’s price and functionality. If a user wants to return their assets to the original blockchain, the smart contract will simply unlock them—and burn the corresponding amount of wrapped coins on Ethereum.
Per the announcement, WZEC is based on the ERC-1404 token standard developed by Tokensoft. It allows “for the free transfer of WZEC along with incorporation of applicable compliance requirements globally.”
Within the partnership, blockchain company Tokensoft will focus on the technical development of the new system while institutional digital asset platform Anchorage will provide custody for Wrapped Zcash’s (WZEC) underlying assets.
Close to 80,000 Bitcoin have now been transferred to the Ethereum blockchain, as DeFi protocols attract value back to their liquidity pools following an early September crypto market correction. Even as prices for Bitcoin and Ethereum fell starting September 1, BTC transferred onto the Ethereum blockchain has already increased nearly 37% so far this month, according to data from Dune Analytics. The increase in Wrapped Bitcoin (WBTC) and other cross-chain Bitcoin lockups has pushed their aggrega...
“We’re looking forward to enabling a more interoperable form of Zcash with WZEC," said Mason Borda, CEO of Tokensoft. "Users of WZEC will have the ability to use their Zcash in a variety of DeFi applications. Additionally, exchanges will now be able to hold Zcash while meeting their compliance requirements,”
Apart from Zcash, wrapped versions of Handshake, Avalanche and Celo are also currently “in consideration,” the companies noted.
Crypto's best minds are heading east, and it's gaining at a pace that other regions are finding hard to catch up to. Asia was responsible for 32% of global crypto developer activity in 2024, according to a report from venture firm Electric Capital. The firm recently published its comprehensive annual report, analyzing over 900 million code commits across the crypto industry. The transformation represents a nearly threefold increase from Asia's 12% share in 2015, while North America's position de...
Google's announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin's encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is a new type of computing that uses the strange properties of quantum physics, where small part...
Dimo, a platform for developers to build apps and enable car drivers to monetize their data, is migrating between Ethereum scaling networks, the developers exclusively told Decrypt—from Polygon to Coinbase’s Base. Co-founder Rob Solomon believes the move opens doors for valuable partnerships ahead. The project is a “global API layer for cars” that is aiming to make every car on earth smart and programmable. This could manifest, the company says, in a future full of AI car mechanics and smart par...
