cypherpunk

Zcash (ZEC) has plummeted about 60% since its peak in November 2025, while Cypherpunk Technologies, the treasury company for the Zcash digital asset supported by the Winklevoss brothers, has stopped increasing its holdings since its last disclosure of purchasing ZEC on December 30 last year. The company was established in November 2025 and currently holds 290,062.67 ZEC, accounting for approximately 1.76% of the total supply, with a goal of holding 5%.Since the last purchase, the price of ZEC has dropped over 50%, currently trading at around $245. Based on an average purchase price of $334, Cypherpunk has an unrealized loss of $25.73 million, a decline of 26.5%. ZEC started its upward trend at the end of September last year, reaching as high as $700 in mid-November, but has since given back most of its gains.In contrast, other major DAOs are still actively increasing their holdings. Michael Saylor's Strategy has made 5 Bitcoin purchases in 2026, despite an unrealized loss of $4.36 billion. Tom Lee's BitMine has also made the same number of ETH purchases this year, with unrealized losses reaching $6 billion this week.

Ethereum co-founder Vitalik wrote that the relationship between "institutions" and "cypherpunks" is complex and needs to be understood correctly. Institutions (including governments and enterprises) are neither absolute friends nor absolute enemies; Vitalik emphasized the importance of maintaining an open attitude towards mutually beneficial cooperation while also actively safeguarding one's own interests. In this context, the core task of the Ethereum community is to build a financial, social, and identity layer to protect people's autonomy and freedom.The optimal strategy for institutions in the game is to strengthen control within a manageable scope while resisting external intrusions, which also makes them more concerned about data sovereignty and security issues than ordinary users. Vitalik predicts that institutions (including enterprises and governments) will increasingly reduce their reliance on external trust and have more guarantees over their operations.In the stablecoin sector, this means: issuers in the EU hope that the governance focus of their blockchain will not be overly centralized in the United States, and vice versa (the situation is similar in other countries/regions). Governments will promote more KYC processes, but at the same time, privacy tools will also be improved, as cypherpunks are working to enhance the performance of these tools. Institutions want to control their own wallets and even manage their own staking when staking ETH.

Vitalik Buterin stated, "The relationship between 'institutions' (governments and corporations) and 'cypherpunks' is very complex, neither natural allies nor natural enemies."The optimal strategy for institutions in the game is to strengthen control within a manageable scope while resisting external intrusions, which also makes them often more concerned about data sovereignty and security issues than ordinary users. In the future, institutions will place greater emphasis on self-managed wallets and staking, which is beneficial for the decentralization of Ethereum; at the same time, KYC and privacy technologies will develop in parallel, and the game surrounding zero-knowledge proofs will exist for a long time. The core task of the Ethereum community is to build tools that protect individual self-sovereignty and freedom while maintaining its stance in cooperation with institutions.

Cypherpunk Technologies Inc. (NASDAQ: CYPH) today announced the purchase of 56,418.09 ZEC tokens at an average price of $514.02, costing approximately $29 million. The company's total holdings of ZEC tokens now amount to 290,062.67 tokens, representing about 1.76% of the current circulating supply of ZEC tokens. Cypherpunk's CEO Will McEvoy stated that the goal is to increase the ZEC holdings to 5% of the circulating supply.

Cypherpunk Technologies Inc. (Nasdaq: CYPH) announced that the company has once again invested $18 million to acquire 29,869.29 ZEC (Zcash), with an average purchase price of $602.63.In addition to the previously purchased ZEC for $50 million, Cypherpunk's total holdings of ZEC have reached 233,644.56 coins, with an average cost basis of $291.04. This acquisition brings the company's total ownership percentage in the Zcash network to 1.43%. Cypherpunk focuses on privacy and self-sovereignty, believing that Zcash is a "form of digital privacy asset" and a hedge against the transparency of Bitcoin and its financial infrastructure, especially in an AI-rich future.Previously, the company appointed Will McEvoy, head of Winklevoss Capital, as Chief Investment Officer (CIO) and board member. Winklevoss Capital had previously led a $58.88 million private placement for the company. The company's goal is to ultimately hold at least 5% of the total ZEC supply, continuously advancing its Zcash-centric digital asset treasury strategy.

ChainCatcher news, the Solana Foundation announced the launch of the 12th "Cypherpunk" hackathon online competition on the Colosseum platform. This event will run until October 30, with participants competing for a total prize pool of over $500,000, $250,000 in early investment, and a 1:1 incubation qualification in the Colosseum accelerator. The competition will focus on six major areas: DeFi hosted by Arcium, RWA hosted by Forward Industries, consumer applications hosted by Raydium, stablecoins hosted by Reflect, infrastructure hosted by Triton, and an open track hosted by the Solana Foundation. The best projects will receive a total championship prize of $30,000 awarded by Phantom. Additionally, three special awards will be given for the best public welfare project, best campus project, and Solana mobile application project.According to incomplete statistics, over the past four years, more than 80,000 developers have participated in Solana hackathons, resulting in the incubation of over 6,500 projects and a total funding scale exceeding $700 million. Representative projects include Jito, Drift, Kamino, Tensor, io.net, Marinade, Solend, and more.

ChainCatcher message, Ethereum co-founder Vitalik Buterin stated on the X platform: "What Ethereum needs is a large number of young people who have the vision of cypherpunks. All the OGs are already exhausted, and now it’s up to the next generation."

ChainCatcher news, according to a post by Bitcoin Magazine on the X platform, crypto punk legend Adam Back stated that no one will ever know who Satoshi Nakamoto is.

ChainCatcher news, the Canadian company Cypherpunk Holdings, focused on blockchain investment, today announced its name change to Sol Strategies to reflect its new Solana-centric investment strategy.This transition includes staking Solana and investing in projects and infrastructure related to the protocol. The company's legal name has changed from Cypherpunk Holdings Inc. to Sol Strategies Inc., effective September 12, 2024, and was unanimously approved by the company's board of directors and shareholders at the company’s annual general meeting held on July 30, 2024.Sol Strategies will continue to trade on the Canadian Securities Exchange (CSE) under the ticker symbol HODL and on the OTC market as CYFRF. The company began purchasing SOL in the second quarter of 2024 (when former Valkyrie CEO Leah Wald took over as CEO) and currently holds over 86,000 Solana (worth more than $11 million at current prices), most of which is staked for token rewards.

ChainCatcher news, according to The Block, since mid-July, the Canadian listed investment company Cypherpunk Holdings has purchased 23,000 SOL, bringing its total holdings to 86,200 SOL, worth nearly $21.6 million.Cypherpunk has also reduced its Bitcoin holdings by 110 coins, currently holding approximately 52 coins. According to its public documents, it used about 45 of those Bitcoins to execute a buy order for 20,000 SOL options, while the rest were sold for profit.

ChainCatcher news, according to a statement from The Block on Tuesday, Canadian listed investment company Cypherpunk Holdings has significantly increased its holdings of Solana tokens. The number of SOL tokens in the company's wallet has exceeded 63,000, valued at nearly 14 million dollars, far higher than the 6,131 SOL from last month.In addition to purchasing SOL, Cypherpunk also announced that it will run its own Solana validator and stake 49,917 tokens (worth approximately 11 million dollars) using its own Solana node. It is also implementing a SOL options trading strategy. Last month, Cypherpunk disclosed that it had begun investing in Solana, purchasing approximately 1 million dollars worth of SOL at an average price of 163.11 dollars.Around the same time, Cypherpunk sold nearly 1 million dollars worth of stock in metaverse company Animoca Brands, which is its second-largest holding. According to the latest financial statements, Cypherpunk's total assets have increased by 14.3 million dollars over the past six months, reaching 31.3 million dollars. It uses Coinbase as its custodian for BTC and SOL.

ChainCatcher news, the cryptocurrency investment company Cypherpunk Holdings listed on the Canadian Securities Exchange announced the appointment of Valkyrie co-founder Lead Weld as its President and CEO. According to a statement from the company, Wald has served as a member of the Cypherpunk board for nearly three years and will succeed the current CEO Antanas Guoga, who will remain as the company's chairman.

ChainCatcher news, Ethereum co-founder Vitalik Buterin published a blog post titled "Make Ethereum Cypherpunk Again."The article reviews the vision of building a more open, decentralized, and free society using Ethereum and related technologies, emphasizing the importance of maintaining cypherpunk values, resisting centralization and excessive financialization, and discussing the potential and challenges of integrating Ethereum into a broader technological vision, as well as the importance of the Ethereum community having a strong social layer.The article mentions that in recent years, due to rising transaction fees, few people have talked about consumer crypto payments, and the only truly large-scale non-financial application used on-chain is ENS.