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Zcash Privacy Bug Sends Price Plunging
Description
Zcash just dropped a bombshell: a four-year-old vulnerability could’ve let attackers mint unlimited fake coins, triggering a 40% price crash as investors panicked over possible counterfeiting. Though patched, uncertainty lingers—without a protocol upgrade, forged coins might be undetectable forever. Market cap vaporized, trading surged, and recovery hinges on trust rebuilding or broader privacy coin adoption. Some argue the panic’s overblown—Zcash remains Bitcoin with privacy, and its niche still holds value.
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