Zcash loses over $5 billion after AI finds 4-year bug that could have created fake hidden coinsZcash developers say the flaw was patched before any known exploit, but the selloff shows how fragile trust can be around money built to stay private.
Good to see you this Friday.Stress is spreading beyond price action, turning this Bitcoin drawdown into a test of market structure and confidence. The heavy build in short positions could fuel a sharp reversal, but that setup matters only if selling pressure starts to ease and real buyers reappear rather than liquidations doing the work. The global crypto market cap is $2.1 trillion, with a 24-hour volume of $133.67 billion. The price of Bitcoin is $60,951.79, and BTC market dominance is 57.9%. The price of Ethereum is $1,614.58, and ETH market dominance is 9.2%. The best-performing sector is Identity, which gained 1%. The Crypto Fear & Greed Index is currently Extreme Fear (12). 📰 Top News
Zcash loses over $5 billion after AI finds 4-year bug that could have created fake hidden coinsZcash developers say the flaw was patched before any known exploit, but the selloff shows how fragile trust can be around money built to stay private. Bitcoin’s selloff is creating the short-heavy setup that could reverse it fastA broad wave of selling has damaged market confidence, but the growing pile of short bets means bears may supply the next burst of buying. A 2011 physical Bitcoin loaded with 25 BTC was just unlocked during the $62k selloffA 2011 physical Bitcoin loaded with 25 BTC was peeled during Bitcoin’s selloff, turning a rare collectible into spendable BTC while its next move remains unconfirmed.
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About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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