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Zcash Developer Electric Coin Co. Reveals Q1 Financial Loss

Zcash Developer Electric Coin Co. Reveals Q1 Financial Loss – CoinDesk

The Electric Coin Company (ECC), the for-profit company that supports the development of the zcash cryptocurrency has issued its Q3 transparency report, revealing it has so far avoided layoffs during the bear market despite financial losses. According to the report, the company ran an average monthly deficit of 30 percent in Q1.