Zcash plummets 30% as Shielded Labs reveals a major bug that went undetected for four years

Privacy-focused zcash (ZEC) has taken a beating in the past 24 hours, falling roughly 30% to $400 amid broader market weakness. The selling accelerated after Shielded Labs, a nonprofit Zcash developer, disclosed a critical vulnerability in the blockchain’s Orchard privacy pool that could have threatened the integrity of the token’s supply. Late Thursday, Shielded Labs…

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Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward

Though there’s no new sign of progress on the U.S. Senate’s Digital Asset Market Clarity Act, the crypto industry’s Blockchain Association held an online event Thursday with involved lawmakers continuing to make the case for support — especially in the law enforcement community — as the bill’s advocates contend with a narrow Senate window. Throughout…

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