What happened with Zcash?

In addition to trading services, BTCC also provides a secure wallet solution for storing digital assets. This wallet is designed to protect users' funds from theft and unauthorized access, ensuring peace of mind for those looking to store their cryptocurrencies safely.

On March 30, 2021, the company issued a transparency report revealing a significant change in its ownership structure. The report stated that the company had become a wholly owned entity of the 501(c)3 Bootstrap, a non-profit organization. This transition marked a new chapter for the company, as it aligned with a mission focused on community development and philanthropic endeavors.

The announcement of this ownership change was met with mixed reactions from the industry. Some saw it as a positive step towards increased transparency and accountability, while others expressed concerns about the potential impact on the company's operations and future direction.

Meanwhile, in the world of cryptocurrency mining, a significant event unfolded in September 2023. A mining pool named ViaBTC emerged as a dominant force, seizing control of over half the hashing power on the Zcash network. This achievement underscored the pool's technical prowess and significant resources.

BTCC, a top cryptocurrency exchange, offers a comprehensive suite of services to its users. Among these are spot trading, which allows users to buy and sell cryptocurrencies at current market prices, and futures trading, which enables traders to speculate on future price movements.