Edward Snowden Says That He Was One of the Six Key Participants in Creating Privacy Coin Zcash
Daily Market Wrap
Crypto market cap: 1.81 trillion, up 0.31%
BTC price stands at USD 39,533, up 0.24%
ETH price stands at USD 2,912, up 0.53%
Top gainer: ApeCoin (APE), up 10.39%
Top loser: Waves (WAVES), down 10.11%
News of the Day
Edward Snowden acknowledges one of six key participants in Zcash privacy coin’s creation.
Why it matters:
The notorious whistle-blower Edward Snowden reveals that he was the key contributor to Zcash Creation from a leaked video from Zcash Media of Snowden first reported by Forbes
Snowden joined the Zcash team in a “trusted setup” in which a sliver of the private key needed to create the cryptocurrency was distributed to each participant
In an extensive interview with Marta Belcher of Filecoin Foundation for Camp Ethereal 2022, Snowden talked about how governments view crypto as “an evolving threat, “how crypto “transforms power relationships”, and so on
Crypto daily spotlight
The EVM-Compatible Cosmos Chain Evmos relaunched with a token airdrop.
Brief introduction: Evmos is a highly scalable, high-throughput Proof-of-Stake blockchain that is fully compatible and interoperable with Ethereum, allowing for cross-blockchain transactions between Ethereum and Cosmos. It’s built using the Cosmos SDK which runs on top of the Tendermint Core consensus engine, enabling developers to use pre-built and custom-built models and test them before launch.
Why it matters:
After the failure of the network upgrade, Evmos plans to relaunch on Wednesday with new tools for users looking to claim airdropped tokens
The Evmos team has worked hard over the past month to ensure the buggy March airdrop will not happen again
Evmos founder Frederico Kunze Küllmer said “We implemented additional checks on the claiming process and we also introduced our recovery for all the funds that were stuck”
He also added, “We also have a clear guide for how to claim the tokens and how to recover tokens permanently stuck.”
Daily sector tracker
Daily News Roundup
BlackRock Launches Its First Blockchain and Tech ETF giving Investors Exposure to Crypto Companies https://bit.ly/39h9dRL
The Central African Republic (CRA) Has Adopted Bitcoin as Legal Tender https://cnb.cx/3vodbRh
Emirati Real Estate Company Damac Properties Will Accept Bitcoin and Ethereum Payment https://bit.ly/3vy9mJz
67% of Retail Investors Believe in Crypto as a Trustworthy Investment https://bit.ly/3rXkixS
Finland Has Donated 1,890 BTC to Ukraine https://bit.ly/3Kj6zYI
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