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Matt Huang stories

Sep 16, 2026

Zcash surges 17% after Paradigm co-founder discloses ZEC investment

Zcash gained about 20% over 24 hours after Paradigm co-founder Matt Huang disclosed that the crypto investment firm made an unspecified purchase of ZEC. The rally came as Zcash holders voted to preserve Bitcoin-style halvings and speed up block times to 25 seconds.

Sep 16, 2026·14 sources

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Top claims

▪Zcash surged double digits, trading between $1,330 and $1,467, following an investment disclosure by Paradigm co-founder Matt Huang and a successful NU7 governance vote in which holders backed cutting block times to 25 seconds and preserving Zcash's Bitcoin-style halving schedule
▪Matt Huang characterized Zcash as a private complement to Bitcoin and endorsed its inflation-funded developer fund as an elegant mechanism for public goods funding
▪A trader identified as '0x3c83' had a $1 million Zcash short position fully liquidated after flipping from a long position just as Zcash surged past $1,300

Topics

Crypto markets Privacy coins Altcoin markets Institutional crypto adoption Blockchain governance Crypto market sentiment

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