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via CryptoSlate · By CryptoSlate Editorial
Zcash loses over $5 billion after AI finds 4-year bug that could have created fake hidden coins
ZEC
ZEC/USDT
$486.74
-1.07%
$486.74
-1.07%
(24s)24h Volume
$175,343,198.37
24h H/L
$492.64 / $485.00
Change: $7.64 (1.58%)
Funding Rate
-0.0048%
Shorts pay
Data provided by COINOTAG DATALive data
CE
CryptoSlate Editorial(10:43 AM UTC)
1 min read
Zcash lost more than $5 billion in market value after its developers, using Anthropic's Claude AI, discovered a long-running flaw in one of its privacy systems that could have enabled counterfeit tokens to be created without easy detection.
In response to this disclosure, data from CryptoSlate showed that ZEC fell more than 50% to as low as $255 before recovering to about $321 as of…
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