ZEC drops to $272.79 after an Orchard pool bug, emergency forks, and Arthur Hayes's full exit shake markets.
Security researcher Taylor Hornby used Anthropic's Opus 4.8 to find a critical bug in Zcash's Orchard pool that could have minted undetectable counterfeit ZEC, sending the token down 31%.
Zcash developers have patched a critical flaw in the Orchard shielded pool that a security researcher showed could forge an unlimited supply of counterfeit ZEC. The token fell more than 40% as the disclosure came to light.
Zcash's price fell more than 30% after developers disclosed a critical vulnerability in the network's Orchard shielded pool that could have theoretically allowed the creation of unlimited counterfeit ZEC.
AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, driving down crypto markets.
Shielded Labs revealed that the bug could have helped an attacker print unlimited counterfeit tokens. That could have damaged trust in the token's supply and its value.
Zcash faces fresh pressure after Orchard bug disclosure as Arthur Hayes exits ZEC, citing doubts over counterfeit supply and future checks.
The vulnerability was fixed within days, and findings suggest that actual exploitation of the bug is unlikely.
Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin's consensus layer, arguing that the cryptographic risk profile is too high for the network's base protocol.
Zcash price crashes harder than major cryptos as ZEC faces profit-taking, technical uncertainty, and renewed pressure after its recent rally.
Zcash price has fallen sharply from its recent highs as traders increasingly focus on a developing head-and-shoulders pattern that threatens to trigger a deeper correction. According to data from crypto.
Zcash block explorers displayed no new blocks for hours after nodes failed to update post-upgrade.