Arkham Monitors More Than 53% of Zcash Transactions

Arkham's Zcash Tracking Launch: Arkham has introduced an on-chain tracking system for Zcash, successfully labeling over 53% of its transactions, which amounts to approximately $420 billion in volume linked to identifiable individuals and institutions.

Transparency in Zcash Transactions: The analysis revealed that around 48% of Zcash transaction inputs and outputs have been linked to known entities, challenging the notion of complete privacy that Zcash is known for.

Implications for Privacy and Regulation: This development raises concerns within the Zcash community about financial privacy, while providing regulators and compliance analysts with a valuable tool to enhance transparency in the cryptocurrency space.

Market Positioning: Arkham's advancements position it as a leader in privacy coin analytics, expanding its capabilities beyond Bitcoin and Ethereum, and potentially influencing the future of regulatory compliance in the cryptocurrency market.