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via Decrypt · By Decrypt Editorial
ZEC Crashes 38% as Zcash Discloses ‘Critical Counterfeiting Vulnerability’
ZEC
ZEC/USDT
$477.33
+3.99%
$477.33
+3.99%
(24s)24h Volume
$457,627,239.15
24h H/L
$479.00 / $456.68
Change: $22.32 (4.89%)
Funding Rate
-0.0096%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(10:41 AM UTC)
1 min read
In 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…
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.
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