News

Glonghui, April 13 — Jefferies has raised the target price of Nucor Steel from $200 to $225 and maintained its "Buy" rating. (Glonghui)

BlockBeats News, April 13, the Zcash core development team Zcash Open Development Lab (ZODL) founder Josh Swihart released the latest progress of Zcash, proposed a strategic direction with "post-quantum security, scale expansion, and user experience" at its core, and used the Artemis II around-the-moon mission as an analogy, emphasizing the achievement of seemingly impossible goals through technical breakthroughs. The ZODL team stated that Zcash is entering the "Zcash IV" phase, will build infrastructure similar to a "lunar base" to support protocol and application security scaling to billions of users, while advancing the vision of privacy transactions without large-scale financial surveillance. At the product and technology level, ZODL continues to iterate, with its 3.3.x version launched on iOS and Android, adding hardware wallet connection management, SDK upgrades, and multiple experience optimizations, and advancing key developments such as the Keystone wallet functionality, address system upgrades (ZIP 316, UIVK/UFVK), and more. At the same time, the Zcash core team has fixed multiple system issues and advanced the development of the Zallet alpha version, while strengthening unified address standards and wallet interaction experience, laying the foundation for future scalability and performance improvements. In addition, ZODL disclosed that its application data continues to grow and participated in a stablecoin privacy summit to enhance industry cooperation. However, due to regulatory and network restriction upgrades, ZODL has temporarily delisted from the Russian app store. The team emphasized that privacy is not optional but a fundamental requirement of the digital age, and will continue to accelerate delivery speed, promoting ZEC adoption and ecosystem development. The core of the Zcash Open Development Lab is to develop an open, self-hosted private finance platform aimed at expanding ecosystem interoperability through cooperation and bringing secure ZEC transactions to the global mainstream market.

BlockBeats News, April 13, according to Hyperinsight monitoring, the largest short seller of crude oil on Hyperliquid at the end of March (0xa65) exited the crude oil short position at a loss last week, briefly went long to attempt a bottom fishing, and closed the position again yesterday, completely exiting the crude oil market. Currently, this address has shifted its position focus entirely to the U.S. stock storage sector, retaining only two long positions opened at the beginning of the month for MU (Micron Technology) and SNDK (SanDisk), with a total position size of $5.4 million, and the current floating profit has reached $1.15 million.