What happened?

Yea, another one bites the hack.. ZenCash (Zen) has suffered a 51% hack. That means that someone highjacked the blockchain by taking over over 50% of the mining power. That is definitely is a weakness in their programming, but it's not that big of a deal. Verge and others have gone through their share of hacks, but it's kind of normal. The blockchain is a new technology so now is a good time to get the kinks out. These hacks usually don't amount to more than 0.5% of the market value of the given coin or token, so it's a contained exposure to a vulnerability. Let's stay focused on the tech and let's be positive.