Ran Neuner: Zcash plunges 51% after critical bug goes undetected for 4 years

Ran Neuner: Zcash plunges 51% after critical bug goes undetected for 4 years
Zcash drops 51% after bug revealed

Ran Neuner, founder of Crypto Banter, highlights a significant decline in Zcash as the cryptocurrency crashed 51% following the disclosure of a critical bug that remained undetected for four years.

Neuner shares his analysis and details how he is managing his position in response to the new developments.

Neuner has previously flagged confusion in Ethereum markets as institutions increased ETH purchases and senior developers exited the project, according to his prior analysis. He also reported that Saylor sold bitcoin to harvest a tax loss, with the sale followed by a repurchase of coins, as detailed in an earlier article. These earlier observations reflect Neuner’s focus on market reactions to major news and strategic moves by key participants.

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