Aug 21, 2026
Sharp price swings in bitcoin and ether resulted in nearly $286 million in liquidations on July 30, 2026, even as both cryptocurrencies remained relatively flat over the 24-hour period, highlighting the impact of intraday volatility on leveraged positions.
Zcash (ZEC) plummeted approximately 40% after developers disclosed a critical four-year-old counterfeiting vulnerability in its Orchard shielded pool, discovered with help from Claude AI. Developers have proposed the Ironwood upgrade to restore independent supply verification, with ZEC partially recovering about 45% from lows.