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Learn All Crypto Topics | Phemex Blog

Learn All Crypto Topics | Phemex Blog

Zcash trades at $415.99 today, down 3.23% in 24 hours and more than 30% below where it stood before the June 5 public disclosure of the Orchard circuit vulnerability. The bug sat inside ZEC’s zero-knowledge proof system for four years and could have allowed an attacker to mint unlimited counterfeit ZEC without detection. The network is already patched, the Zcash Foundation reports no evidence of exploitation, and the market is now deciding what privacy-coin trust is worth.

ZEC price: $415.99

24h change: -3.23%

Crash: fell more than 30% after the June 5 Orchard bug disclosure

Fix: NU6.2 hard fork shipped a corrected Orchard circuit on June 3

Catalyst: post-crash recovery attempt

Here is the breakdown.

 

 

Where the Zcash…

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