Markets

Zcash Surpasses 2021 Peak as Traders Bet on Privacy Revival

In brief Zcash has drawn renewed speculative attention ahead of its November halving, with traders positioning around the privacy coin narrative. Endorsements from prominent investors and revived privacy debates have fueled market activity despite limited on-chain growth, Decrypt was told. The rally’s sustainability hinges on post-halving sentiment and whether user adoption can extend beyond short-term…

Law and Order

WazirX Barred from Redistributing XRP as Indian Court Affirms Crypto as Property

In brief India’s Madras High Court ruled Friday that crypto constitutes property protected under constitutional law, blocking WazirX from reallocating user assets under its Singapore restructuring plan. Justice N. Anand Venkatesh granted an injunction protecting 3,532 XRP tokens, rejecting the exchange’s “socialization of losses” scheme following the July 2024 hack that drained $234 million. The…