News with the tag "ZEN"

Horizen (ZEN) is transitioning from its native layer-1 network to Coinbase's Base ecosystem as an ERC-20 token, aiming to enhance scalability, interoperability, and privacy through a new layer-3 appchain.

Upbit has suspended Horizen (ZEN) withdrawals due to the termination of the Horizen network, impacting investors and highlighting broader risks in the cryptocurrency market.

FTX's creditor repayments are being withheld in 49 jurisdictions due to crypto restrictions, with China accounting for a significant portion of the frozen funds, while the overall repayment process shows progress despite these challenges.