ZEC Financial Company Cypherpunk has an unrealized loss of approximately 7.75 million dollars
By: rootdata|2026/06/06 04:45:01
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According to the latest disclosure from Cypherpunk Technologies, as of May 13, 2026, the company holds a total of 314,185.70 ZEC, with an average purchase price of $337.86. Based on the current price, the total cost of its holdings is approximately $106 million, with a current value of about $98.34 million, resulting in an unrealized loss of about $7.75 million; if calculated at today's low of 251.43 USDT, the unrealized loss would expand to approximately $27.2 million.
Regarding this vulnerability incident, Cypherpunk tweeted that the vulnerability exists in all software, and Bitcoin once erroneously minted 184 billion tokens. The solution is not to deny the technology, but to strengthen it through formal verification and provable reliability, which is exactly what Zcash will introduce in the next update.
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