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Winklevoss twins and Barry Silbert compete for Zcash's near-3,000% rally

FinanceInternationalBloomberg Línea40 s readAI summary
Image: Bloomberg Línea

Cameron and Tyler Winklevoss, of Gemini, and Barry Silbert, founder of Digital Currency Group, are investing millions in Zcash mining and competing to attract capital through rival funds, according to Bloomberg. The privacy token is up nearly 3,000% this year, driven by a US court ruling in March 2025 and by concerns that AI makes it easier to track financial activity on public blockchains. Cypherpunk Technologies and Fortitude Mining are among the largest miners of the cryptocurrency.

In 40 seconds

  • The Winklevoss twins and Barry Silbert are investing millions in Zcash mining and competing with rival funds to attract investors.
  • Zcash, a token that lets holders hide transactions, is up nearly 3,000% this year.
  • The rally was triggered in March 2025 by a US ruling that cleared up uncertainties around privacy-focused cryptocurrencies.
Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

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