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

ZEC

ZEC/USDT

$588.91

+5.75%

$588.91

+5.75%

(24s)

24h Volume

$1,203,761,291.74

24h H/L

$595.96 / $545.00

Change: $50.96 (9.35%)

Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data

ZEC

Daily

$577.29

▲ 2.13%

Volume (24h): -

Resistance Levels

Resistance 3$675.02

Resistance 2$627.51

Resistance 1$593.9087

Price$577.29

Support 1$548.8702

Support 2$521.9658

Support 3$504.27

Pivot (PP):$548.83

Trend:Uptrend

RSI (14):69.5

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…