2 hours ago

Zcash (ZEC) Price Slips Below $1,000 Ahead of Vote on 50,000 ZEC Treasury Cut

TLDR ZEC traded near $979, down 3.7% in 24 hours and over 25% in a week. A draft proposal would remove 50,000 ZEC, about 53.4% of the grants treasury’s ZEC. Community polling on the plan runs from November 16 to November 30. Grayscale’s ZCSH fund saw nearly $30 million in November outflows. About $18 million [...]

The post Zcash (ZEC) Price Slips Below $1,000 Ahead of Vote on 50,000 ZEC Treasury Cut appeared first on Blockonomi.

Source: Blockonomi →