Zcash Crashes 42% After AI Uncovers 4-Year-Old Bug

Description

Zcash plunged after Shielded Labs disclosed a critical vulnerability in the Orchard privacy pool that could have allowed an attacker to mint unlimited counterfeit ZEC, undetected. The bug, discovered with the help of Anthropic's Opus 4.8 AI model, had been sitting in the code for four years. Arthur Hayes liquidated his entire ZEC position in response. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.linkedin.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Public Keys: https://open.spotify.com/show/1rqYzRV10nfKfoTpFXZhTE Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE The Policy Protocol: https://open.spotify.com/show/3Fh8ffulAWcCqMu0uVuwoj