If the vulnerability in the Zcash (ZEC) network was never exploited by hackers, then the funds of all users remain safe, regardless of whether they move them to a new pool or not. This was stated by Ripple's emeritus chief technology officer, David Schwartz, commenting on the current crisis around the privacy coin.
Frontier AI models have evolved into bug-finding tools, uncovering vulnerabilities across the tech world—and now in crypto too.
Shielded Labs proposes Ironwood upgrade to restore trustless ZEC supply verification after Orchard flaw
Onchain investigator ZachXBT accused BitMEX co-founder Arthur Hayes of turning his own audience into “exit liquidity,” saying Hayes most recently promoted Worldcoin token (WLD) and then sold it shortly afterward, capping a roughly 15-day stretch in which he exited four publicly hyped positions.
Zcash (ZEC) price has reclaimed the $350 mark after one of its steepest crashes in recent weeks, currently trading around $357 as buyers stepped in to defend the sell-off.
The ZEC withdrawal highlights investor confidence amid volatility, underscoring the potential for significant market shifts post-security scare. New wallet withdraws 37,316 ZEC worth $13M from Binance after protocol security scare.
The Zcash vulnerability highlights the inherent risks in privacy-focused cryptocurrencies, potentially undermining trust and market stability. Zcash plunges 38% after critical counterfeiting vulnerability disclosure.
Privacy token Zcash (ZEC) suddenly rebounded by as much as 30% following a sharp drop in the last two days.
Zcash (ZEC) has faced fresh scrutiny after a patched Orchard Pool vulnerability sparked a dispute over whether the privacy coin's users and investors still face hidden risks.
The debate over Zcash's recently patched Orchard Pool vulnerability is far from settled. While some investors fear the worst, Dragonfly partner Haseeb Qureshi says the market may be overstating the immediate risks. He also confirmed that Dragonfly continues to hold ZEC despite the controversy. The vulnerability remained undiscovered for years before developers patched it.
Taylor Hornby, who uncovered the Orchard flaw that sent Zcash down 38%, says other privacy coins are on his list too.
Orchard bug disclosure forced a Zcash soft fork and NU6.2 hard fork within days, as ZEC slid ~30–40% and supply verification took center stage.