Zcash (ZEC) plunged roughly 30% in 24 hours to around $400 after its core development steward, Electric Coin Co.’s nonprofit arm Shielded Labs, disclosed a critical bug that could have enabled ‘unlimited counterfeiting’ inside its Orchard privacy pool. The shock rippled across broader risk markets, with South Korean equities tumbling more than 6% on semiconductor weakness and foreign selling, while Solana (SOL) slid toward a 52-week low amid a wave of crypto liquidations.
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