Community Articles

via CoinDesk · By CoinDesk Staff

Zcash plummets 30% as Shielded Labs reveals a major bug that went undetected for four years

ZEC

ZEC/USDT

$449.68

-2.32%

$449.68

-2.32%

(24s)

24h Volume

$620,000,659.04

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

$448.40

▼ -2.99%

Volume (24h): -

Resistance Levels

Resistance 3$586.8263

Resistance 2$491.547

Resistance 1$463.0456

Price$448.40

Support 1$438.9013

Support 2$407.7186

Support 3$368.03

Pivot (PP):$450.6033

Trend:Sideways

RSI (14):50.4

CoinDesk Staff

(05:43 AM UTC)

1 min read

Updated byDavid Kim

564 views

0 comments

Shielded Labs revealed that the bug could have helped an attacker print unlimited counterfeit tokens. That could have damaged trust in the token's supply and its value.

Privacy-focused zcash (ZEC) has taken a beating in the past 24 hours, falling roughly 30% to $400 amid broader market weakness. The selling accelerated after Shielded Labs, a nonprofit Zcash developer, disclosed a critical…

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live ZEC price →More ZEC news →

Comments