Shielded Labs disclosed a critical bug in Zcash's Orchard privacy pool that could have let attackers create unlimited counterfeit tokens undetected. The vulnerability, active since May 2022, was found on May 29 using AI tools and patched by June 1. While there is no proof the bug was exploited, its existence for four years has shaken market confidence, causing Zcash's price to drop about 30%. Shielded Labs plans a network upgrade and enhanced security measures to restore trust in Zcash's supply integrity.
Siren (SIREN) surged 29.65% to $0.7415 following recent platform upgrades that improved its efficiency, signaling rising interest in decentralized finance. Meanwhile, LAB experienced a sharp decline of 36.95% to $10.89 due to a significant sell-off i...
Zcash (ZEC) price fell more than 10% within 24 hours following a strong rally that made it vulnerable to profit-taking and market-wide weakness. The drop was intensified by confusion over network issues and an emergency bug fix related to the Orchard...
Zcash (ZEC) price fell almost 13% in 24 hours, nearing $540 as traders focus on a bearish head-and-shoulders pattern with critical support near $520. A breakdown below this level could lead to a deeper correction toward $390, while a recovery above $...
Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...
Zcash (ZEC) has outperformed many cryptocurrencies recently but now shows a bearish head-and-shoulders pattern on its daily chart. The key support level is the $500 neckline; a daily close below this could trigger a drop toward $360–$370, about 35% d...
