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via Decrypt · By Decrypt Editorial
Zcash Crash Just Wiped Billions From the Privacy Coin's Market Cap—Can ZEC Recover?
ZEC
ZEC/USDT
$576.14
+2.55%
$576.14
+2.55%
(24s)24h Volume
$1,171,095,611.48
24h H/L
$595.96 / $549.93
Change: $46.03 (8.37%)
Funding Rate
+0.0020%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(06:25 PM UTC)
1 min read
In brief
- The price of Zcash crashed more than 40% following the discovery of a vulnerability that could have led to counterfeit ZEC minting.
- Whether or not the vulnerability was exploited remains unknown—a variable impacting the price according to analysts.
- Even with its fall, Zcash remains one of the top performing assets of the last year, up more than 580% in that time.
A four-year-old…
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