Zcash (ZEC) is back in focus after recovering from a sharp sell-off that followed the disclosure of a security issue in its shielded transaction system. The privacy-focused cryptocurrency has stabilised near $465 after briefly reclaiming the $500 mark, with focus now on whether the latest technical setup and improving fundamentals can support another move higher. The token has gained 13.2% over the past two weeks, although it remains slightly lower over the last 30 days after the recent correction. Security progress restores confidence in Zcash One of the biggest developments supporting Zcash has been the progress made on Project Tachyon, the initiative responsible for formally verifying the security of the network’s upcoming Ironwood shielded pool.
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