Crypto Industry Gathers to Address Quantum and Privacy Challenges at TOKEN2049 Singapore
Key figures from Bitwise, Grayscale, and leading projects discuss post-quantum security and privacy solutions.
- Industry leaders convene to address crypto's quantum computing threat.
- Focus on developing quantum-safe and privacy-preserving solutions.
- Zcash and NEAR Protocol among the highlighted projects.
- Market cap: $3T; Bitcoin -0.12% 24h; Fear & Greed at 73 (Greed).
At the TOKEN2049 event in Singapore, a significant gathering of industry leaders including Bitwise, Grayscale, Dragonfly, and notable figures like Balaji Srinivasan and 
Zcash's Zooko Wilcox convened to discuss the critical issues of quantum computing threats and privacy in the cryptocurrency space. The event, hosted by 
NEAR Protocol, aimed to chart a path for the crypto industry's migration to quantum-safe and privacy-preserving technologies.
The discussions highlighted the potential risks posed by the advent of quantum computing to current cryptographic systems and the need for proactive measures to ensure the security and privacy of digital assets. Participants emphasized the importance of developing and implementing quantum-resistant algorithms and privacy-enhancing technologies to safeguard the future of cryptocurrencies.
While the event featured a range of participants, it notably included discussions around projects like Zcash, which focuses on privacy, and NEAR Protocol, which has been gaining attention for its scalability and developer-friendly features. The live market data shows Zcash (ZEC) at $1351.46, up 1.74% in the last 24 hours, and NEAR Protocol (NEAR) at $5.33, up 5.59% in the same period.
The broader crypto market remains relatively flat with a total market cap of $3 trillion, while 
Bitcoin is down 0.12% over the past 24 hours. The Fear & Greed Index stands at 73, indicating a state of 'Greed' among investors. This gathering underscores the industry's recognition of the challenges and opportunities presented by emerging technologies and the need for robust solutions to ensure long-term security and privacy.
At today's peer-to-peer rate, 1 ZEC ≈ ₦1.87M (about $1,365.89), up 2.6% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 6, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Zcash — questions
How much is 1 Zcash worth in naira today?
About ₦1.87M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1,365.89. The naira price moves with both ZEC's US-dollar price and the USDT/NGN rate; use our Zcash in naira page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is up 1.07% since this brief first published — trading at $1,365.89 now versus $1,351.46 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Finbold. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.