Arthur Hayes Invests in Zcash as Privacy Coins Attention in Crypto
TLDR
- Arthur Hayes places Zcash as his second-largest holding after Bitcoin.
- Zcash price surged to $750, marking its highest since 2018.
- Privacy coins like Zcash gain traction amid growing concerns over data security.
- Zcash’s rise signals renewed investor focus on privacy in the crypto space.
The price of Zcash (ZEC) has surged, reaching $750, its highest level since 2018. Arthur Hayes, the co-founder of BitMEX, has expressed his growing interest in the privacy-focused cryptocurrency, with ZEC now standing as the second-largest holding in his family office, Maelstrom, after Bitcoin. The recent rise of Zcash signals a renewed focus on privacy coins, which are becoming increasingly relevant as concerns about financial…
