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Zcash Treasury Firm Committed Despite Bug, Stock Plunge
The Block·
Cypherpunk Technologies, a Zcash treasury company, remains committed to its goal of acquiring 5% of Zcash's supply despite a significant stock price drop. The company's shares fell over 40% following the disclosure of a critical bug in Zcash's shielded pool, which could have allowed for the creation of counterfeit tokens. Although the bug has been patched, the incident has severely impacted investor confidence and the ZEC token's value.
Tickers
$ZEC-USD
Tags
crypto
cybersecurity
Original Source
The Block — theblock.co