'Please stop the FUD': Zcash treasury company Cypherpunk remains committed to accumulating 5% of ZEC supply

ZEC

ZEC/USDT

$1,006.61

-0.05%

$1,006.61

-0.05%

(24s)

24h Volume

$3,356,477,877.01

24h H/L

$1,050.70 / $963.19

Change: $87.51 (9.09%)

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$1,006.00

▼ -1.66%

Volume (24h): -

Resistance Levels

Resistance 3$1,266.16

Resistance 2$1,109.09

Resistance 1$1,052.57

Price$1,006.00

Support 1$959.4339

Support 2$888.37

Support 3$791.2616

Pivot (PP):$1,002.25

Trend:Uptrend

RSI (14):77.4

The Block Editorial

(04:46 PM UTC)

1 min read

Updated bySarah Chen

0 comments

Cypherpunk Technologies (CYPH), a Nasdaq-listed Zcash treasury company, saw its shares fall more than 40% on Friday as investors reacted to the disclosure of a critical bug that was recently patched in the privacy-focused cryptocurrency. The (ZEC) token itself also fell more than 50% during the selloff.

The decline followed the disclosure of a counterfeiting vulnerability in Orchard, Zcash's…