Search results for "ZIP"
2026-01-13
10:14

France witnesses "wrench attack" again, crypto executives' family robbed at gunpoint

PANews January 13 News, according to Decrypt, a senior crypto investment executive in Verneuil-sur-Seine, France, and his family were attacked by three armed assailants with guns last Friday evening. The entire family was beaten and bound with zip ties. The day before this incident, another investor was kidnapped and beaten at his home near Cholet and abandoned 50 kilometers away. Recently, France has seen frequent "$5 wrench attack" incidents, where criminal groups use violence to force victims to hand over crypto assets, raising widespread concerns about data leaks and security risks.
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05:50
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A new proposal in the Zcash community suggests establishing a dynamic fee market to ensure users are not driven away by excessively high fees.

PANews, December 9—According to CoinDesk, Shielded Labs has put forward a new proposal to establish a dynamic fee market for Zcash, aiming to address rising transaction costs and network congestion. The proposal suggests abandoning Zcash’s longstanding static fee model—initially set at 10,000 “zatoshi,” later reduced to 1,000. While this model worked under low demand, it eventually led to a “sandblasting” spam transaction wave, resulting in wallet congestion and on-chain transaction blockage. Previously, the ZIP-317 proposal adopted an operation-based accounting method, which solved the abuse problem, but fees remained predictable and low, unable to adjust based on usage. The latest proposal introduces a simple, stateless dynamic fee design built around “comparables,” observing the past 50 blocks
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ZEC1,18%
02:11

Zcash founder participates in creating anonymous phone service, using zero-knowledge proofs to protect privacy

Anonymous phone service provider Phreeli has launched in the US, allowing users to register with just a zip code and no personal information required. A Zcash co-founder serves as an advisor, and the service uses the Double-Blind Armadillo zero-knowledge proof system to protect user privacy. Phreeli aims to address the data collection issues of mainstream carriers and has secured $5 million in funding.
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ZEC1,18%