Zcash Just Crashed 40% in 1 Day. Is It Still a Buy?

Published June 9, 2026 · Category: Finance

Overview

Privacy is a great feature in financial technology. But if a system is private, so might be some of its faults, and therein lies a freshly revealed whopper of a problem for Zcash (CRYPTO: ZEC).

A four-year-old bug in the privacy-focused cryptocurrency, disclosed on June 5 by security researchers, could have theoretically enabled the undetectable minting of an unlimited quantity of counterfeit Zcash. Developers patched the flaw within days, but the asset shed 40% of its value in the 24 hours after disclosure, and investor trust has cratered. Is this coin still worth buying on the dip, or is it game over?

Image source: Getty Images.

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Originally published at www.fool.com.

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