ZEC Crashes 38% as Zcash Discloses ‘Critical Counterfeiting Vulnerability’

ZEC

ZEC/USDT

$1,543.93

+1.19%

$1,543.93

+1.19%

(24s)

24h Volume

$2,914,399,947.13

24h H/L

$1,574.60 / $1,456.92

Change: $117.68 (8.08%)

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$1,543.64

▼ -0.18%

Volume (24h): -

Resistance Levels

Resistance 3$2,014.54

Resistance 2$1,664.76

Resistance 1$1,563.00

Price$1,543.64

Support 1$1,477.49

Support 2$1,390.88

Support 3$1,233.99

Pivot (PP):$1,526.05

Trend:Uptrend

RSI (14):65.1

Decrypt Editorial

(10:41 AM UTC)

1 min read

Zcash dropped double digits overnight after the disclosure of a four-year-old vulnerability in its Orchard shielded pool.
The bug, discovered by an AI-assisted audit, could have been exploited to create unlimited counterfeit ZEC with no on-chain trace.
Critics argue privacy coins enable a "unique class" of bugs where exploitation would go unnoticed.

Zcash plunged double digits overnight…