A newly created wallet withdrew 37,316 ZEC (about $13.12 million) from Binance right after Zcash's price dropped 50% due to a critical security flaw in its protocol. The vulnerability, discovered on May 29, could have allowed counterfeit ZEC creation but was patched before exploitation. Despite a major sell-off and $80 million in liquidations, this large withdrawal signals strong conviction from at least one investor, suggesting potential for either a sharp recovery or further volatility.
Ethereum dropped nearly 22% over a week, falling from $1,700 to $1,545 and triggering massive liquidations of $468 million. This decline dragged total altcoin market capitalization below $880 billion, reflecting a loss of confidence amid a prolonged ...
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 co...
Worldcoin (WLD) price plunged 28% after Arthur Hayes disclosed that Maelstrom had exited its entire WLD position, wiping out much of the token's recent rally. Hayes, who had previously supported WLD due to AI enthusiasm, reversed his stance citing ma...
Arthur Hayes, co-founder of BitMEX, sold his entire Worldcoin (WLD) position on June 6 after initially supporting the AI-linked token. He had previously exited other altcoins like HYPE, NEAR, and ZEC within days, citing rising market volatility and m...
Arthur Hayes, co-founder of BitMEX, sold his entire position in Worldcoin (WLD) shortly after publicly endorsing the token, leading to an 11% price drop and a $190 million market value loss. This move sparked criticism accusing Hayes of creating exit...
