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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

$447.58

-3.14%

$447.58

-3.14%

(24s)

24h Volume

$621,992,717.02

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

$449.39

▼ -2.78%

Volume (24h): -

Resistance Levels

Resistance 3$586.8263

Resistance 2$491.9265

Resistance 1$462.83

Price$449.39

Support 1$438.9079

Support 2$408.5436

Support 3$368.03

Pivot (PP):$450.9333

Trend:Sideways

RSI (14):50.6

CryptoSlate Editorial

(10:43 AM UTC)

1 min read

Reviewed byEmily Watson

596 views

0 comments

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…

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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CryptoSlate Editorial · CryptoSlate

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