Zcash Suffers Sharp Decline Following Counterfeiting Vulnerability Disclosure
Zcash (ZEC), a privacy-focused cryptocurrency, experienced a significant selloff after developers revealed a critical flaw in its Orchard shielded pool that could have enabled unlimited counterfeiting. Although no exploitation has been confirmed, the vulnerability undermines Zcash's reputation as a secure and private asset.
Topics: crypto security privacy coins surveillance Zcash zk-SNARKs