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via Decrypt · By Decrypt Editorial

Winklevoss-Backed Zcash Treasury Plunges Nearly 40% on ZEC Privacy Bug Concerns

ZEC

ZEC/USDT

$446.68

-3.40%

$446.68

-3.40%

(24s)

24h Volume

$549,057,925.56

24h H/L

$466.67 / $437.73

Change: $28.94 (6.61%)

Funding Rate

+0.0050%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$446.66

▼ -3.37%

Volume (24h): -

Resistance Levels

Resistance 3$586.8263

Resistance 2$489.7642

Resistance 1$449.4817

Price$446.66

Support 1$438.8899

Support 2$406.2686

Support 3$368.03

Pivot (PP):$450.0233

Trend:Sideways

RSI (14):50.1

Decrypt Editorial

(03:49 PM UTC)

1 min read

Approved byJames Mitchell

796 views

0 comments

In brief

Cypherpunk Technologies shares tumbled 37% on Friday as jitters tied to a Zcash bug knocked the Winklevoss-backed firm.
The company, which owns $102 million worth of Zcash, saw its holdings suddenly plunge underwater as the privacy coin fell.
Cameron Winklevoss has been an outspoken supporter of Zcash, saying he believes “strong privacy is an essential property of sound money.”

Fallout…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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