Zcash Plunges 38% After Critical Counterfeiting Vulnerability Disclosure
Zcash Plunges 38% After Critical Counterfeiting Vulnerability Disclosure
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Zcash (ZEC) saw its price drop by 38% following the revelation of a critical vulnerability within its Orchard shielded pool. This flaw reportedly allowed for undetectable counterfeiting of ZEC, reigniting discussions and concerns surrounding the security and design of privacy-focused cryptocurrencies.
ZEC Crashes 38% as Zcash Discloses ‘Critical Counterfeiting Vulnerability’
An Orchard vulnerability that allowed undetectable counterfeiting of ZEC in its shielded pool has reignited debate over privacy coins.