ZenCash to perform a mandatory upgrade

ZenCash is releasing a mandatory upgrade to be performed by June 27 to align the codebase to Zcash and introduce upgrade manager
18 June 2018   373

ZenCash is rolling Zen 2.0.14 and Super Nodes as part of the mandatory upgrade that is to be executed by June 27 by all nodes, pools, exchanges, and wallets. The new Zen 2.0.14 is going to feature:

  • 10% increase of secure node block rewards;
  • 10% increase of Super Node block rewards;
  • 10% increase of treasury;
  • fork manager;
  • null Data (OP_RETURN) transactions.

The mandatory upgrade will mark the deployment of Super Nodes and the infrastructure migration to a new hosting server. After a thorough testing, Super Nodes will start producing earnings. Additional details are available here.

Price-wise, ZenCash characteristics are as follows:

Average price 18.65 USD
Market cap 76,207,622 USD
Volume (24H) 587,305 US

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   158

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.