ZEC, the token of the Zcash blockchain, fell after unverified reports suggested a possible increase in token issuance, sparking fears of dilution among holders. This comes after recent security issues that already pressured the token's value. No official proposal or timeline has been confirmed, leaving traders cautious as they await clarification from Zcash governance. The market reaction reflects uncertainty rather than confirmed changes, with potential supply increases threatening to lower ZEC's price if demand does not keep pace.
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. W...
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...
