CryptoBearishThe Block · Jun 57/10
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Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million
Zcash's ZEC token crashed over 50% to $310 following disclosure of a critical bug in its Orchard privacy upgrade, triggering more than $116 million in liquidations within 24 hours. The sharp decline reflects severe loss of confidence in the protocol's security and development practices.
