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On March 9, the Zcash development organization Zcash Open Development Lab (ZODL) announced the completion of a seed funding round exceeding $25 million. Participants in this round include Paradigm, a16z crypto, Winklevoss Capital, Coinbase Ventures, Cypherpunk Technologies, Maelstrom (Arthur Hayes’s family office), Chapter One, as well as notable individual investors such as Balaji Srinivasan, David Friedberg, Haseeb Qureshi, Mert, and James Nicholas. It is reported that the funds from this financing round will be used by ZODL to expand its engineering team and accelerate the development of the Zcash protocol and its self-custody privacy wallet, Zodl. Image Source: ZODL Tweet The core development force of Zcash has officially transitioned from a non-profit governance model to an independent commercial startup entity. Boosted by this positive funding news, the price of Zcash…# Analysis# Market# ToolPre
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- On March 23, Democratic Senator Adam Schiff from California and Republican Senator John Curtis from Utah jointly submitted a legislative proposal aimed at prohibiting platforms regulated by the U.S...