Cypherpunk (CYPH) Stock: Zcash Pivot Sends Shares Soaring 300% – Here’s Why

TLDR Cypherpunk Technologies (CYPH) shares surged over 300% following its Nasdaq debut as a cryptocurrency treasury company after pivoting from biotech firm Leap Therapeutics. The company invested millions in Zcash (ZEC), betting on privacy-focused crypto as digital surveillance concerns increase globally. Bitcoin’s drop below $100,000 and $1 billion in crypto liquidations create challenging conditions for [...]

The post Cypherpunk (CYPH) Stock: Zcash Pivot Sends Shares Soaring 300% – Here’s Why appeared first on Blockonomi.