Zcash crashes 48% after Claude AI uncovers unlimited…
Zcash plunged 48% after it emerged that Claude AI identified a critical vulnerability in the ZEC protocol that would…
Zcash crashes 48% after Claude AI uncovers unlimited…
🩸BEARISH
WatcherGuru
Zcash (ZEC) Crashes 37% After Critical Orchard Vulnerability Exposed
🩸BEARISH
Zcash (ZEC) Crashes 37% After Critical Orchard Vulnerability Exposed
The flaw let an attacker mint unlimited untraceable ZEC since Orchard activated in May 2022 — and Shielded Labs cannot rule out prior exploitation before the June 1 emergency patch.
CoinDesk
ZEC drops to $400 on disclosure of Orchard counterfeiting flaw
🩸BEARISH
ZEC drops to $400 on disclosure of Orchard counterfeiting flaw
The vulnerability could have minted unlimited counterfeit ZEC without detection, and the fact that it survived years of cryptographic review is now the more uncomfortable read than the 30% drop.
Zcash shielded-pool bug could have minted unlimited counterfeit ZEC
🩸BEARISH
Zcash shielded-pool bug could have minted unlimited counterfeit ZEC
A patched Orchard circuit vulnerability — present since May 2022 — turned a 31% ZEC drawdown into a referendum on whether AI-assisted white-hat review can outrun AI-assisted attackers.
TheBlock
Zcash Founder Warns of Critical Orchard Counterfeiting Vulnerability
🩸BEARISH
Zcash Founder Warns of Critical Orchard Counterfeiting Vulnerability
The vulnerability was real, exploitable, and disclosed on May 29 — but Orchard’s privacy design makes it cryptographically impossible to prove the bug was never used before the June 2 patch.
WuBlockchain
$1.1B Crypto Liquidations Hit as ZEC Counterfeiting Bug Revealed
🩸BEARISH
$1.1B Crypto Liquidations Hit as ZEC Counterfeiting Bug Revealed
A 24-hour cascade hit markets hard: over $1.1B in liquidations, a critical Zcash counterfeiting flaw, and a House panel teeing up crypto tax legislation.
CoinTelegraph
Zcash ($ZEC) founder discloses critical counterfeiting bug in Orchard
🩸BEARISH
Zcash ($ZEC) founder discloses critical counterfeiting bug in Orchard
A flaw patched within four days could have let attackers mint unlimited untraceable ZEC — the disclosure itself is the structural win, not a market-mover.
Bitcoin holders warned: stop flaunting crypto to avoid wrench attacks
🩸BEARISH
Bitcoin holders warned: stop flaunting crypto to avoid wrench attacks
The advice from Joe Nakamoto frames wrench attacks as a real-world endorsement of Bitcoin's value — and a direct rebuttal to ECB chief Christine Lagarde's 'no intrinsic value' line.
EdgeX token crashes 71% — exchange offers refunds and $200K…
🩸BEARISH
EdgeX token crashes 71% — exchange offers refunds and $200K…
EdgeX, a crypto derivatives exchange, suffered a severe flash crash that wiped 71% off its native token's value…
Ledger finds security flaw in chip used by Trezor Safe 7
🩸BEARISH
Ledger finds security flaw in chip used by Trezor Safe 7
Ledger's security research team has disclosed a vulnerability in the chip used by Trezor's Safe 7 hardware wallet…
Cardano: TapTools Analytics Platform Shuts Down After Exec Exits
🩸BEARISH
Cardano: TapTools Analytics Platform Shuts Down After Exec Exits
For a chain already thin on institutional-grade analytics tooling, the loss of the platform most retail users actually opened every day removes a layer of the on-chain map the ecosystem quietly…
Crypto News
Zcash ZEC Stalls Over 4 Hours: Orchard Pool Frozen to Block Exploit
🩸BEARISH
Zcash ZEC Stalls Over 4 Hours: Orchard Pool Frozen to Block Exploit
The network is not down — the Orchard shielded pool, roughly 30% of ZEC supply, was intentionally frozen to patch a bug before exploit, then hard-forked. Some wallets and explorers briefly lost sync.
Zcash blockchain halts block production for over four hours
🩸BEARISH
Zcash blockchain halts block production for over four hours
The network froze at block 3,364,601 at 5:27 a.m. UTC on June 3 — a four-plus-hour standstill on a chain that normally adds a block every 75 seconds, with no official explanation yet from the Zcash…
Zcash network pauses blocks to fix critical Orchard shielded-pool bug
🩸BEARISH
Zcash network pauses blocks to fix critical Orchard shielded-pool bug
A coordinated network upgrade triggered a four-hour block-production halt on Zcash, with the Orchard shielded-pool soundness bug now patched while block explorers catch up.
Zcash block halt reports were false, bad node blamed
〽️NEUTRAL
Zcash block halt reports were false, bad node blamed
Reports that Zcash stopped producing blocks for more than four hours have been debunked. Mert Mumtaz confirmed that…
Trezor Safe 7 Chip Flaw Confirmed After Ledger Donjon Audit
🔥BULLISH
Trezor Safe 7 Chip Flaw Confirmed After Ledger Donjon Audit
The vulnerability lives on a single chip inside Trezor's new Safe 7, but the device's multi-layer architecture means attackers would still need physical access, lab equipment and deep expertise —…
DeFi must fix exploits before banks adopt it, execs warn
🩸BEARISH
DeFi must fix exploits before banks adopt it, execs warn
April logged breaches on 27 of 30 days and North Korea drained nearly $600M from Drift and Kelp — the executives on stage in Paris said the bridge problem alone is keeping institutional capital on…
ETH Top Caller Garrett Jin Moves $1.35B to Binance at $2,337
🩸BEARISH
ETH Top Caller Garrett Jin Moves $1.35B to Binance at $2,337
Garrett Jin moved 577,717 ETH into Binance between May 6 and May 10 at an average of $2,337, days before the token shed more than a fifth of its value.
Lookonchain
U.S. Treasury sanctions four Iranian crypto exchanges!
🩸BEARISH
U.S. Treasury sanctions four Iranian crypto exchanges!
The U.S. Treasury Department has sanctioned four Iranian cryptocurrency exchanges — Nobitex, Bitpin, Ramzinex, and…
US sanctions Iran's largest crypto exchange Nobitex!
🩸BEARISH
US sanctions Iran's largest crypto exchange Nobitex!
The United States has imposed sanctions on Nobitex, Iran's largest cryptocurrency exchange, in a move that cuts the…