Investigators warn stolen crypto from the Bitget hack is flowing into Zcash shielded pools, where transfers become much harder to trace.
Zcash edged higher on Monday, attempting to stabilize after three consecutive bearish weekly closes left the privacy coin down approximately 30%. ZEC traded around $1,165 at the time of this report, following an 11% decline last week. Despite the modest rebound, persistent ETF withdrawals and shrinking futures exposure suggest that market participation remains subdued. The technical picture also remains fragile. Zcash is trading below several overhead resistance levels, leaving buyers needing a stronger recovery to challenge the prevailing corrective trend. Grayscale's Zcash fund records third weekly outflow Grayscale's ZEC-focused exchange-traded fund registered $19.15 million in net outflows last week, according to SoSoValue data. Those withdrawals followed weekly outflows of $30.72 million and $93.
The design, still in review, would give each shielded address posted during a NEAR Intents swap its own key, so a future quantum attacker who breaks one sees only that swap.
ZEC traded near $1,158 after a Sunday low around $1,049. Futures open interest was about $2.3 billion, down from $3.29 billion a month earlier.
Zcash infrastructure developer Zakura has proposed a new wallet security feature that would give each ZEC swap through NEAR Intents a separate viewing key to protect users' transaction histories against potential future quantum computing attacks.
The team behind Zakura wants every swap through NEAR Intents to get its own key, so a refund address left on NEAR's public chain can't expose a user's wider payment history.
ZEC was up 2.40% over 24 hours, while one-hour short liquidations across Binance, Bybit and OKX totaled $700,000.
ZEC was up 1.25% over 24 hours, with one-hour liquidations totaling $20,000 in shorts and $0 in longs.
ZEC was down 2.99% over 24 hours. The one-hour liquidation tally across Binance, Bybit and OKX showed $150,000 in short liquidations.
Long liquidations totaled $2.49 million across Binance, Bybit and OKX during the same hour; short liquidations totaled $0.
The NU7 proposal would invalidate every version 4 transaction, the only format that can spend Sprout funds. A decision on mainnet activation is scheduled for Oct. 20.
NU7 would leave legacy funds issued but unspendable, even with intact keys, while the mainnet activation decision remains pending. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.