Zcash Plunges 45% as Critical Bug Threatens Infinite Coin Duplication
Zcash (ZEC) has experienced a dramatic price collapse, losing more than 45% of its value in the last 24 hours. According to data from CoinMarketCap, the privacy-focused token is currently trading at approximately $322.83, down from over $590 just a day earlier. The sharp decline follows the disclosure of a critical vulnerability in Zcash’s Orchard protocol that could have allowed an attacker to create an unlimited number of new coins out of thin air.