Zooko: Delisting Zcash Ironic as Binance Uses its zk-SNARK Tech
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- Zcash’s delisting risk from Binance raises deeper concerns over crypto privacy norms
- Despite active development, Zcash faces pressure as privacy coins lose exchange favor
- Bearish RSI and MACD suggest ZEC may struggle if $30 support level fails to hold
Zcash (ZEC), an early privacy-focused cryptocurrency, faces potential delisting from Binance. Its inclusion in the exchange’s second “Vote to Delist” program triggered strong community backlash and renewed discussion about privacy’s role in crypto.
While voting remains open until April 16, 2025, but Binance’s final decision rests on internal checks like liquidity and development activity.
Including Zcash for vote raised concerns, voiced by figures like Gemini Co-Founder Tyler Winklevoss, about exchanges sidelining privacy tech. Crypto advocate Zooko tagged Binance CEO Richard Teng, arguing Zcash’s inclusion is unjustified.
What’s the Community’s Case for Keeping…
The post Zooko: Delisting Zcash Ironic as Binance Uses its zk-SNARK Tech appeared first on Coin Edition.
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