Zcash experienced a critical vulnerability known as an 'infinite money glitch,' leading to a significant drop in its value. The glitch caused ZEC to plummet by 31% as the market reacted to the potential implications of the flaw. In other developments, Standard Chartered has indicated that Bitcoin's price may be nearing its bottom, suggesting a potential turnaround for the cryptocurrency. Meanwhile, Coinbase has introduced SpaceX pre-IPO futures with up to 5x leverage, offering investors a new speculative opportunity. Additionally, four major banks are reportedly collaborating to challenge the dominance of stablecoins in the financial sector.