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Zcash Bug: What Happened and Why ZEC is Falling Today

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A yellow Zcash ZEC token on a laptop screen displaying a rising green chart toward a $700 target mark.

The post Zcash Bug: What Happened and Why ZEC is Falling Today appeared first on Coinpedia Fintech News

Zcash ZEC price crashed today after founder Zooko Wilcox disclosed a critical vulnerability that could have allowed attackers to create unlimited counterfeit ZEC within the network’s Orchard shielded pool. The bug, which reportedly existed since May 2022, was discovered on May 29 and patched by June 1 using Claude Opus 4.8. Following the disclosure, ZEC …

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