Zcash experienced a sharp 43% price crash following the revelation of a critical vulnerability in its Orchard shielded pool that existed from May 2022 until it was patched on June 1, 2026. This bug potentially allowed counterfeit ZEC creation, undermining the network's privacy and supply integrity, which are core to its value. Although there is no evidence the flaw was exploited, the market reacted strongly, pricing in worst-case risks. Recovery depends on the developers' ability to restore trust through transparency and audits, with the current selloff possibly an overreaction if no exploitation occurred.
Bitcoin fell by 2.77% to $61,909, while Ethereum dropped 6.79% to $1,655.25, signaling a broad market downturn. Other notable cryptocurrencies including Binance Coin, XRP, and Cardano also experienced sharp declines, with Cardano falling over 15%. St...
Zcash (ZEC) price dropped over 40% recently amid fears of a crash below $100 by 2026, with prediction markets showing a 28% chance of this happening. The bearish sentiment follows the discovery of a critical bug in Zcash's Orchard pool, which could h...
Zcash (ZEC) experienced a sharp 44% drop in 24 hours, falling to around $298. The crash was driven primarily by spot market selling rather than a leverage-induced cascade, as forced liquidations totaled about $118 million, relatively small for such a...
After predicting XRP's 700% surge, analyst DonAlt highlights a harsh crypto market repricing in June 2026, wiping out May's gains. The total crypto market cap fell over 15%, with XRP and Bitcoin dropping nearly 17% and 18%, respectively. DonAlt criti...
Bitcoin sentiment recently hit peak bullishness near its $78,000 high on May 22 and peak bearishness near its low on June 3, with price dropping about 20% to around $62,400. This inverse sentiment pattern suggests traders are most confident at highs ...
