Search results for Multicoin Capital
Crypto
Zcash extends \'own bull market\' with chart target at $1,091
Privacy coin Zcash has risen 18 percent over the past three days, moving against a broader crypto market downturn. A cup-and-handle pattern on the ZEC/USD chart suggests further gains, with a potential rise to $1,091 in June or July if the pattern completes. The target overlaps a Fibonacci 1.618 extension. Privacy coins have outperformed the wider market over the past month, with Monero and Dash also rising.
Crypto
Zcash to launch quantum-recovery wallet within a month, aims full quantum-resistant shift by 2027
Zcash has presented a roadmap to launch a quantum-recovery wallet within a month and shift to a fully quantum-resistant system within 12 to 18 months. Josh Swihart (조시 스와이하트), founder and CEO of Zcash Open Development Lab, made the remarks at the Consensus event in Miami, Coindesk reported. Zcash is also pursuing scalability, including discussion of cutting target block time to 25 seconds from 75.
Crypto
Exponent Finance to launch onchain rate order book and strategy vault on Solana
Exponent Finance, a Solana-based yield exchange, has raised $5 million in seed funding. The round was led by Multicoin Capital, with participation from Solana Ventures, RockawayX, L1D, Prelude and Theia Blockchain. Solana Labs CEO Anatoly Yakovenko and Solana Foundation head of institutional growth Nick Ducoff also joined as individual investors. Exponent plans a May platform update to add an onchain rate order book and a strategy vault.
