Zcash plummets 45% to around $320 amid infinite duplication bug

Zcash (ZEC) has plummeted over 45% in the last 24 hours. According to CoinMarketCap, the token is trading at $322.83, down 45.47% over the period. The drop follows recent controversy over the discovery of a bug in its Orchard protocol that could have allowed for infinite coin duplication. While some have suggested that the Zcash team has fixed the bug, the token's decline has accelerated since the news broke.