Community Articles

via Decrypt · By Decrypt Editorial

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

ZEC

ZEC/USDT

$447.35
-3.23%
24h Volume

$621,957,272.69

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
ZEC
Daily

$449.39

-2.78%

Volume (24h): -

Resistance Levels
Resistance 3$586.8263
Resistance 2$491.9265
Resistance 1$462.83
Price$449.39
Support 1$438.9079
Support 2$408.5436
Support 3$368.03
Pivot (PP):$450.9333
Trend:Sideways
RSI (14):50.6
DE
Decrypt Editorial
(10:41 AM UTC)
1 min read
MR
Reviewed byMichael Roberts
1092 views
0 comments

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.

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

Decrypt Editorial · Decrypt

Read original →

Comments
Comments