Multichain DEX aggregator Shapeshift announced support for shielded (private) transactions with the Zcash privacy cryptocurrency.
According to a Thursday announcement shared with Cointelegraph, ShapeShift’s self-custodial decentralized exchange (DEX) aggregator and self-custodial wallet now support Zcash (ZEC) shielded transactions. The announcement comes as Zcash Community Grants allotted $50,000 to support ShapeShift’s technical and marketing investments.
According to the announcement, with this move, the organization aims to “offer true privacy on-chain for its users.”
This follows ShapeShift’s delisting of anoncoins, also known as privacy coins, in 2020 amid regulatory pressure. Still, this was back when ShapeShift operated as a centralized instant exchange, before it…more
Source cointelegraph.com
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