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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

$1,534.17

-4.18%

$1,534.17

-4.18%

(24s)

24h Volume

$2,482,520,552.32

24h H/L

$1,625.00 / $1,515.00

Change: $110.00 (7.26%)

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$1,524.88

▼ -1.98%

Volume (24h): -

Resistance Levels

Resistance 3$1,727.56

Resistance 2$1,625.00

Resistance 1$1,530.28

Price$1,524.88

Support 1$1,430.97

Support 2$1,178.72

Support 3$1,041.70

Pivot (PP):$1,565.23

Trend:Uptrend

RSI (14):63.6

CryptoSlate Editorial

(10:43 AM UTC)

1 min read

Reviewed byEmily Watson

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…

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CryptoSlate Editorial · CryptoSlate

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