ZEC plunges nearly 50% in 24 hours, now trading at $295

BlockBeats News, June 5th, according to HTX market data, ZEC dropped to $250.12 at one point, and has now slightly rebounded to $295, with a 24-hour decrease of 48.51%.

Earlier reports indicated that the ZEC unlimited inflation bug was discovered by Anthropic Opus 4.8. The Zcash Open Development Lab (ZODL) subsequently coordinated an emergency response with the Zcash ecosystem, and the necessary fixes were completed on June 2nd.