Zcash (the token is known as ZEC) is facing a massive wave of skepticism after the development community published details about a critical vulnerability in Orchard, the network’s latest shielded pool. ZEC plunged over 50% at one point following this information, before recovering to $367.35 on June 6.The vulnerability was discovered on May 29 by security researcher Taylor Hornby and was fixed through an emergency upgrade a few days later. Zcash Open Development Lab (ZODL) stated that there is no evidence that the bug was ever exploited or that unauthorized ZEC was created. However, this bug could allow counterfeit ZEC…
Author: cryphedge
Institutional money now anchors the crypto market, and institutions move on trust rather than hype. Before an allocator commits, it runs due diligence on a project’s credibility, and weak communications fail that test fast. With more than 560 million crypto users worldwide in 2026 and institutional adoption accelerating, the bar for credible communications has risen sharply. Investors scrutinise claims, journalists question unsubstantiated ones, and regulators watch how projects describe themselves. That standard reshapes what founders need from a PR agency. This ranking judges agencies on institutional crypto PR, specifically their ability to build trust that survives due diligence. The crypto…
Frederik Gregaard points to on-chain governance, DeFi expansion, and real-world asset programs as ADA erases nearly a third of its value in a week — even as key ecosystem projects shutter around him.Cardano’s native token ADA hit a price level few expected to revisit. The token fell roughly 15% in 24 hours to near $0.16 on Friday, its weakest point since late 2020, extending a selloff that has erased approximately 30% of its value in just one week. Trading volume climbed above $1.1 billion as sellers pushed the market toward the lower end of the daily range, and the token’s…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 6, 2026 JPMorgan, Citi, Bank of America, and Wells Fargo are building a…
Shiba Inu (SHIB) has fallen below the $0.000005 price level. The popular cryptocurrency last traded at around current levels in May 2021, about five years ago. SHIB’s descent into multi-year lows has led to substantial worry among investors and fans. A majority of SHIB holders have been at a loss for quite some time now. The latest dip is putting additional pressure on these investors. Let’s discuss what could happen for Shiba Inu (SHIB) next after dipping to 2021 levels.Source: CoinGeckoWhat’s Next For Shiba Inu After Falling To 2021 LevelsSource: MoneyControl.comShiba Inu (SHIB) did fall below $0.000005 even during the…
Ethereum price may be crashing on the surface, but beneath the panic, some of crypto’s smartest players appear to be making a very different bet. After ETH plunged toward the critical $1,500 support zone, fear spread rapidly across the market as traders rushed to de-risk amid heavy liquidations and broader crypto weakness. Yet while retail sentiment turns increasingly bearish, on-chain data is quietly pointing in another direction.Whale wallets are accumulating millions in ETH, staking demand continues to dwarf exit requests, and major liquidity clusters above price are fueling a growing reversal narrative. The bigger question now is whether Ethereum is…
Ripple’s XRP has faced a steep price correction over the last few months. The latest market correction pulled the asset to a low of $1.15. The popular cryptocurrency faces substantial risk of falling blow the $1 mark. The dip is fueled by the re-escalation of the US-Iran conflict, rising inflation, and a liquidity drain ahead of major IPOs. SpaceX, Anthropic, and OpenAI are heading for their respective IPOs, which may have pulled capital away from XRP and the larger crypto market. However, the US may be on the brink of passing the highly anticipated CLARITY Act very soon. Let’s discuss…
When a privacy coin discovers a counterfeiting bug, the market’s reflex is to expect a bank run. That didn’t happen for Zcash. Dragonfly partner Haseeb Qureshi told the market that the recently patched Zcash vulnerability barely moved the shielded pool, and that Dragonfly itself is still a ZEC holder. He also disclosed a personal stake in ZODL, a Zcash community token, according to the original report. Qureshi’s commentary matters because it pulls back the curtain on how liquidity structure insulates Zcash from supply shocks that would gut a transparent-by-default chain. The bug would have affected shielded ZEC holders specifically, allowing…
Remittances are moving on-chain, and two of the world’s biggest money-transfer brands just planted flags. MoneyGram introduced MGUSD, a dollar‑pegged stablecoin native to Stellar, with issuance supported by Bridge (a Stripe company), smart contracts by M0, and custody infrastructure from Fireblocks on June 2, 2026 (MoneyGram (PR Newswire)). MGUSD is embedded in the MoneyGram app as a self‑custodial, dollar‑denominated balance; it launched in the U.S. with plans to scale globally across MoneyGram’s network (CoinDesk). MoneyGram says it serves 60+ million active customers through nearly 500,000 locations and that over 70% of transactions are now digital—reach MGUSD could leverage for distribution…
Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes.According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for centralized crypto platforms in more than two years.Spot trading volume fell to $679 billion in April, the lowest monthly level since October 2023, as lower prices and fading retail participation reduced market activity.Crypto Exchanges Spot Volume (Source: CryptoQuant)At the same time, some exchanges are seeing growth…
