Zcash price plunges 50% amid bug fallout and Hayes selloff, can whales reverse the trend?

ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months.

A broad crypto sell-off on Friday dragged the total altcoin market capitalization down to $880 billion. Zcash was the hardest-hit major token, crashing over 40% to $264.80. Market Bloodbath Drags Altcoin Cap Below $1 Trillion The mayhem that characterized the cryptocurrency market on Friday saw several high-cap altcoins log double-digit losses, resulting in the aggregate […]

Fallout from a bug that enabled undetectable Zcash counterfeiting shows that privacy can sometimes present tradeoffs, experts say.

Zcash patched a critical privacy pool bug that could have enabled fake ZEC, though it can't prove, as of now, no fake ZEC was already minted.

Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price in a higher probability of policy tightening later this year. According to data from crypto.news,…

The price of Zcash cratered following the disclosure of a serious vulnerability for the privacy coin. Can ZEC make a comeback anytime soon?

Cameron Winklevoss has defended Zcash after the privacy coin plunged as much as 45% and Cypherpunk Technologies shares dropped 37% following disclosure of a critical bug that could have allowed unlimited counterfeit ZEC to be created. According to a June…

Bitcoin has now fallen more than 50% from its October peak, dipping below $60,000 as the crypto industry reckons with the Zcash vulnerability.