• BITCOIN/TL
    3561548,372
    % -1,09
  • ETHEREUM/TL
    99303
    % -1,82
  • RIPPLE/TL
    64.4
    % -1,41
  • BITCOIN CASH/TL
    18997.72,510
    % -1,83
  • LITECOIN/TL
    2556.85
    % -2,05
  • COSMOS HUB/TL
    92.86
    % 5,32
  • CARDANO/TL
    11.62
    % -2,10
  • TETHER/TL
    45.5
    % 0,07

ZEC Gizlilik Uyarısı: BitMEX Kurucusundan Cüzdadan Çekilme Çağrısı ve Şeffaflık Tartışmaları

ZEC Gizlilik Uyarısı: BitMEX Kurucusundan Cüzdadan Çekilme Çağrısı ve Şeffaflık Tartışmaları

This week, the clear warning from BitMEX founder Arthur Hayes for Zcash holders to withdraw their tokens from centralized exchanges reignited the privacy-focused crypto market. Hayes stated in a post on X that holding ZEC on centralized platforms weakens overall anonymity and called on users to store their tokens in their own wallets, thus taking a step towards protecting transaction privacy.

ZEC Privacy Warning: BitMEX Founder’s Withdrawal Call from Wallet and Transparency Discussions

Hayes’ message highlighted a feature called “shadow addresses” that supports Zcash’s privacy layer. These addresses utilize zk-SNARKs technology to obscure transaction details, preventing the disclosure of sender-receiver information and transaction amounts. However, since most centralized exchanges only support transparent addresses, ZEC held there can be traceable in terms of price and transaction history.

This warning paralleled fluctuations in Zcash’s price: soaring to $723 during the week, then dropping back to $504 on Sunday; rebounding to $677 on Monday, only to decline again afterward. As of Wednesday, ZEC traded at around $450, experiencing roughly a 5% weekly increase, with a total market value of approximately $7.4 billion.

ZEC Privacy Warning: BitMEX Founder’s Withdrawal Call from Wallet and Transparency Discussions

Analysts noted that the token, moving into overbought zones, saw the RSI indicator strengthen following a rapid 1700% rally since May. The recent surge of Zcash has also stirred developer debates and rekindled speculations about its origins versus Bitcoin’s mysterious background.

With increasing regulatory oversight on privacy-focused assets, how exchanges handle these assets remains a key issue. Frameworks like MiCA in the EU have increased the likelihood of some exchanges removing privacy coins from their listings due to AML and compliance standards. Other important privacy tokens like Monero (XMR) are also facing similar pressures, with market cap and trading volumes fluctuating at various rates. Rumors surrounding Zcash have revived discussions about possible links between Daira-Emma Hopwood and Bitcoin’s creators; however, no definitive evidence has been found in this regard.

ZEC Privacy Warning: BitMEX Founder’s Withdrawal Call from Wallet and Transparency Discussions

Source of content: Various market analyses and social media discussions

ZEC Privacy Warning: BitMEX Founder’s Withdrawal Call from Wallet and Transparency Discussions