Crypto Plunge, China Economic Pressure, and Institutional Losses Highlight Volatility

Market News
1. Zcash (ZEC) plummeted over 30% following the discovery of a critical inflation vulnerability in its Orchard protocol.
2. China's economy shows signs of stress with the central bank withdrawing its largest cash amount in three months, the semiconductor index dropping over 3%, and the Yuan weakening.
3. Forward Industries faces nearly $1.13 billion in unrealized losses on its SOL holdings and recently deposited 455,784 SOL into Coinbase Prime.