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Industry

UK to use waste heat from data centres to heat 750,000 homes

The British government is pushing a project to use waste heat from data centres and other sites and to upgrade ageing heat networks to provide low-carbon heating to more than 750,000 households. The Department for Energy Security and Net Zero will provide 90 million pounds to build new heat networks and improve existing ones. The largest project is in London, with a Thames-linked network and a plan to ship hot water by electric barge before pipes are completed.

Crypto

Zcash breaks $1,600 after new ETP debuts in Europe, but rally started earlier

Zcash (ZEC) rose above $1,600 as a new exchange-traded product launched in Europe expanded investor access. 21Shares listed a physical-backed Zcash ETP on Euronext Paris and Amsterdam under the ticker ZCASH. The product charges a 2.5 percent annual fee and uses BitGo as custodian. CryptoSlate reported Zcash had already been trading around $1,540 before the listing, with interest in a separately launched Grayscale Zcash ETF cited as a driver.

Crypto

21Shares lists Europe\'s first Zcash ETP to boost access to privacy coin

Europe\'s first exchange-traded product tracking Zcash has launched, giving investors exposure to the token without holding it directly. Asset manager 21Shares listed a spot Zcash ETP on Euronext Paris and Amsterdam and also listed a spot ETP tracking ETHFI, with annual fees of 2.5 percent each. The listings follow the launch of a Grayscale spot Zcash ETF in the United States and come as Zcash has risen sharply over the past year.