Maelstrom backs Bitcoin privacy – Days after dumping its entire Zcash bag

Maelstrom, the family office of Arthur Hayes, is increasing its focus on Bitcoin privacy by funding developers working on tools such as Payjoin and Silent Payments, which aim to make transactions harder to trace. The move highlights a broader push for privacy infrastructure across crypto, including similar efforts on Solana. At the same time, Maelstrom has exited its entire Zcash position after Hayes cited a potential vulnerability in Zcash’s Orchard pool that could theoretically allow undetected counterfeit issuance. The article is more about crypto infrastructure and privacy positioning than price action, but it underscores ongoing investor concern around privacy, security, and protocol robustness in digital assets.