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via Decrypt · By Decrypt Editorial
ZEC Crashes 38% as Zcash Discloses ‘Critical Counterfeiting Vulnerability’
ZEC
ZEC/USDT
$417.19
-2.41%
$417.19
-2.41%
(24s)24h Volume
$1,055,362,775.93
24h H/L
$444.00 / $403.26
Change: $40.74 (10.10%)
Funding Rate
-0.0075%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(10:41 AM UTC)
1 min read
1092 views
0 commentsIn brief
- 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…
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