Privacy-focused Zcash blockchain has not produced a block for four hours

CoinDesk1h agoUpdated 1h ago
Privacy-focused Zcash blockchain has not produced a block for four hours
Smart Read

The Zcash blockchain didn't produce new blocks for more than four hours on June 3....

Key takeaways

  • 1Zcash blockchain stopped producing blocks for over four hours on June 3, 2026, halting all transaction confirmations.
  • 2Block production froze at block 3,364,601 after 5:27 AM UTC; normally Zcash adds blocks every 75 seconds.
  • 3ZEC token surged 8% weekly and 46% monthly despite the outage; Zcash made no public statement on the issue.

Coins in this story

BTC
₹66,872.94
-3.42%
ETH
₹1,866.18
-5.52%
XRP
₹1.23
-1.98%

Why it matters

This rare technical failure highlights network reliability risks even for established cryptocurrencies, affecting investor confidence in blockchain stability. For Indian retail investors, such outages demonstrate that privacy-focused coins like Zcash face operational risks that could impact trading and transaction settlement.

Part of narrative
Regulation

Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

UK's financial watchdog cracks down on Premier League crypto partnerships
CoinDesk2h ago60-word brief

UK's financial watchdog cracks down on Premier League crypto partnerships

The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships deals....

Trezor says your crypto is safe after Ledger audit exposes a hardware flaw
CoinDesk2h ago60-word brief

Trezor says your crypto is safe after Ledger audit exposes a hardware flaw

The flaw affects only one of the wallet's multiple security layers and would require physical access, specialized equipment and advanced expertise to exploit....

Big tech is 'terrified' of AI agents wiping out ad revenue, says Billions Network CEO
CoinDesk5h ago60-word brief

Big tech is 'terrified' of AI agents wiping out ad revenue, says Billions Network CEO

Tech giants face an existential threat as AI agents—which ignore display ads—disrupt the internet's $200+ billion advertising model. Billions Network, supporting over 9,000 developers including TikTok and HSBC, provides on-chain infrastructure for accountable AI agents. The firm also partners with India's Ministry of Labor and Railways, securing credentials for 1.2 million personnel. Non-human traffic now exceeds human engagement, fundamentally inverting how web discovery operates.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.