Zcash developers fixed a serious vulnerability in the Orchard Pool that could have allowed counterfeit coins within its private transaction system. Experts like Dragonfly's Haseeb Qureshi argue the risk to users and investors is limited since fake coins would face hurdles moving into public exchanges. However, Zcash creator Wei Dai warns a sophisticated attacker could exploit the flaw by slowly moving counterfeit coins within the shielded pool, potentially profiting from market moves without clear on-chain traces. The incident raises important questions about the security of Zcash's privacy features and market confidence going forward.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
ZCash (ZEC) surged 13.85% on July 14 and continued rising by 1.6% the next day, breaking through key resistance levels at $500 and $560. This follows a recovery from a critical vulnerability discovered in May that caused a sell-off. Technical indicat...
ZCash (ZEC) rallied over 11% in 24 hours, driven mainly by $12.75 million in short liquidations and a shift in funding rates favoring bulls. The price broke above a key resistance at $538, suggesting a potential rise to $626 if it maintains this leve...
Zcash (ZEC) is showing a strong bullish technical setup with a cup-and-handle breakout pattern suggesting a potential 45% price increase to around $780. The key support level to watch is $540; holding this level supports the bullish outlook, while a ...
