Cypherpunk, launched by Tyler Winklevoss, buys 203,775 ZEC for about $50 million and targets 5% of supply. Winklevoss calls Zcash “encrypted Bitcoin,” arguing privacy is the missing piece for Web3 freedom. Zcash, Monero and other privacy tokens are rallying as institutions and governments watch the sector. When any of the Winklevoss brothers speak, the broader crypto community tends to listen. So, when Tyler Winklevoss recently announced the founding of Cypherpunk, it sent ripples throughout the world of Web3. In a new tweet posted today, Tyler Winklevoss announced the forming of Cypherpunk, a company “dedicated to privacy and self-sovereignty” , which aims to achieve that goal by “accumulating, building, and supporting privacy-protecting assets and technologies.” First Move: $50 Million In Zcash, 1.25% Of Supply Cypherpunk was given a $50 million… Read The Full Article Is Cypherpunk’s “encrypted Bitcoin” thesis a revival of privacy in crypto? On Coin Edition .
