Zcash faced a major setback after a critical vulnerability in its Orchard shielded pool was found, causing its price to drop over 50%. This flaw allowed undetectable minting of unlimited ZEC, undermining trust in its privacy and supply. Founder Zooko Wilcox announced that formal verification of the Ironwood upgrade's shielded pool circuits is nearly complete, promising a cryptographically verified fix. The upgrade includes new mechanisms to validate total supply without compromising privacy, with testnet activation imminent and mainnet launch expected by late July 2026, aiming to restore confidence and secure Zcash's future.
Zcash (ZEC) is at risk of a 30% price decline toward $320-$340 if it fails to break resistance near $500. The price currently tests the upper boundary of a descending channel, with a $1.55 million short liquidation cluster near $500 possibly pulling ...
MemeCore surged 10.84% to $1.35, driven by increased trading volume and social media buzz about a potential new partnership. Meanwhile, LAB plummeted 65.36% to $5.00 following regulatory scrutiny, significantly impacting its market cap. Other notable...
Zcash (ZEC) price dropped below $450, hitting $437 after a 1.74% daily decline. Major crypto trader Garret Jin doubled his short position on ZEC to 32,759.57 coins, worth about $14.9 million, signaling strong bearish sentiment. Futures data shows sig...
The US dollar slid toward two-week lows after a weak June jobs report showing only 57,000 new nonfarm jobs, which lowered expectations for Federal Reserve rate hikes. This shift reduced the odds of a September rate increase from 65% to about 50%, eas...
Cardano (ADA) surged 30% in a week, reclaiming the 13th spot in crypto rankings by overtaking Stellar (XLM). The rally follows a period of market fear and uncertainty, which created buying opportunities and led to nearly 15,000 new ADA wallets. Found...
