Cardano founder Charles Hoskinson has claimed that Zcash (ZEC) is conceptually superior to Bitcoin, citing its adherence to the original cypherpunk vision of anonymity through zk-SNARKs technology. Hoskinson argues that Bitcoin has become too public and institutionalized, losing its core feature of anonymity, while Zcash maintains privacy by concealing transaction details. This stance has sparked debate, with critics pointing out Zcash's developer reward model as a potential flaw. In a record-setting move, U.S. spot XRP ETFs experienced a 16% increase in net inflows in May, reaching $94.71 million. This marks a new monthly high for 2026, driven by institutional interest, particularly from funds like Bitwise and Franklin. The total assets under management for U.S. XRP ETFs are now approaching $1.18 billion. Meanwhile, a corporate strategy has added 15,466 bitcoins to its holdings, valued at over $1.2 billion. This acquisition, executed through STRC preferred shares, brings the company's total Bitcoin reserves to 834,335 BTC. The purchase occurred at prices ranging from $79,000 to $82,000 per Bitcoin.
Cardano Founder Praises Zcash Over Bitcoin; XRP ETF Inflows Surge; Strategy Acquires 15,466 BTC
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