ZEC Rallies Above $470 as Zcash Announces Ironwood Upgrade for Late July Ending

Zcash founder Zooko Wilcox says the proposed Ironwood upgrade will give users immediate, trustless verification that ZEC’s circulating supply is sound from the first block of activation. His comments address a central concern in the Zcash community following the disclosure of a recently remediated Orchard vulnerability: whether users can verify the supply without relying on […]

The Zcash incident underscores the challenges of ensuring transparency and trust in decentralized finance, highlighting potential systemic vulnerabilities. The post Zcash volume spiked 12-13x before privacy bug went public, Allium Labs reports appeared first on Crypto Briefing.

A security researcher used AI-assited auditing to uncover a major flaw in the Zcash protocol that could have allowed undetectable counterfeit ZEC inside the network's Orchard shielded pool.

Arthur Hayes published a macro thesis arguing Bitcoin cannot rally until the AI stock bubble deflates, citing $1.5 trillion in AI debt issuance that absorbed the liquidity Bitcoin needed. He exited HYPE, NEAR, WLD, and ZEC and rotated Maelstrom's equity book into US energy producers.

StarkWare and Sui roll out confidential transfer systems as Zama boosts compliance efforts and Zcash’s Orchard bug highlights risks in shielded privacy models.

Zcash jumped 11.3% to $478, marking an approximate 80% recovery since its June 5 plunge. The rally pushed its market capitalization back above $8 billion and wiped out $11.5 million in short positions. The Orchard Vulnerability Privacy coin Zcash (ZEC) surged on Tuesday, jumping 11.3% to $478 as it maintained a steady recovery that began […]

WLD and ZEC have risen the most over the past 24 hours, ADA has also tried to stage a comeback after the recent crash.

Zcash has completed a two-phase emergency network upgrade to fix a critical vulnerability in its Orchard shielded pool — a flaw that sat undetected for four years, could theoretically have allowed unlimited undetectable counterfeit ZEC creation, and triggered a 50% price collapse before the network’s swift response began restoring confidence and driving a recovery in ZEC’s price. Related Reading: Analyst Charts Ethereum Long-Term Roadmap To $16,000 – There’s No Need To Panic Josh Swihart, CEO of Electric Coin Company — the primary developer of Zcash — posted on X on June 7 confirming the fix was complete and the network secure, as ZEC began its recovery from the lows reached after the vulnerability’s disclosure. The post arrived at a critical moment for the asset: ZEC had crashed approximately 50% from a June 4 peak of $624 to $309 on June 5, wiping more than $3 billion from its market capitalization, per the BitMEX Blog’s documented timeline of the incident. ZEC's price trends to the