Zcash

Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions. ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance. Zcash was first released on October 28, 2016, and it was originally based on Bitcoin’s codebase.

Zcash, formerly "Zerocoin," was created in 2013 by a group of scientists from Johns Hopkins University. The team recruited additional scientists from leading academic institutions including MIT and Tel Aviv University to build the standalone Zcash protocol. Zcash was first mined in October 2016.


Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.

ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.

Zcash has a fixed supply of 21 million ZEC and undergoes block halvings every four years.

Zcash distributes a portion of its block rewards to development funding. 20% of Zcash issuance is allocated to the Electric Coin Company, the Zcash Foundation, and independent third-party developers, while 80% is rewarded to miners. 

Hyperliquid

Crypto markets are under pressure ahead of key U.S. inflation data due later Wednesday.

Zcash, Hyperliquid tokens lead losses as traders bet against a bitcoin bounce

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.

Zcash Climbs 80% Since June 5 as Traders Shrug off Orchard Bug Fears

The Ironwood upgrade would introduce a new shielded pool and ensure the circulating ZEC supply remains bounded.

Zcash finalizes Ironwood upgrade plan, targets July activation

Zcash pared steep losses after the privacy coin's backers introduced an upgrade aimed at restoring faith in the digital asset's supply.

'Extremely Bullish': Zcash Rebounds By $2.5 Billion Amid Planned Fix for Supply Conundrum

Zcash (CRYPTO: ZEC) has bounced 45% from last week's $300 low to $437 after developers proposed an upgrade to fix the counterfeiting bug, while XRP (CRYPTO: XRP) attempts a fragile recovery after falling nearly 19% last week. Ironwood Proposal Would Let Anyone Verify Zcash Supply Is Clean Developers from Shielded Labs, the Zcash Foundation, and the Zcash Open Development Lab proposed creating a new privacy pool using repaired code.

Zcash, XRP Both Dumped Last Week, But Only One Is Up 45% From The Lows

The plan would let anyone verify that no counterfeit coins are circulating, addressing the patched bug that triggered last week's crash. ZEC is still down about 22% on the week.

Zcash bounces 45% as developers propose new Ironwood upgrade

Josh Swihart, founder of ZODL, provided details on how the Zcash team resolved a critical vulnerability in the Orchard shielded pool.

ZEC rebounds 42% as ZODL founder details two-step emergency upgrade

Frontier AI models have evolved into bug-finding tools, uncovering vulnerabilities across the tech world—and now in crypto too.

AI Is Helping Discover Tech Vulnerabilities—And Zcash Is Just the Latest Example

Worldcoin 

NEAR Protocol

Onchain investigator ZachXBT accused BitMEX co-founder Arthur Hayes of turning his own audience into “exit liquidity,” saying Hayes most recently promoted Worldcoin token (WLD) and then sold it shortly afterward, capping a roughly 15-day stretch in which he exited four publicly hyped positions.

Zcash to Worldcoin: ZachXBT Says Arthur Hayes Turned 4 Token Calls Into ‘Exit Liquidity'

Two of the crypto market's hottest recent rallies have fully unwound, with Near Protocol's NEAR and the Worldcoin token WLD round-tripping to their pre-rally levels, even as Zcash's ZEC rebounded roughly 18% in 24 hours following a near-50% crash.

Hype-Driven Rallies Unwind: NEAR and WLD Round-Trip as Zcash Rebounds 18% From Its 50% Drop

Taylor Hornby, who uncovered the Orchard flaw that sent Zcash down 38%, says other privacy coins are on his list too.

Researcher who found Zcash's bug with AI adds Monero to his audit queue

Fallout from a bug that enabled undetectable Zcash counterfeiting shows that privacy can sometimes present tradeoffs, experts say.

Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say

The price of Zcash cratered following the disclosure of a serious vulnerability for the privacy coin. Can ZEC make a comeback anytime soon?

Zcash Crash Just Wiped Billions From the Privacy Coin's Market Cap—Can ZEC Recover?

Shares of Cypherpunk Technologies plunged more than 40% following the disclosure of a critical bug that was recently patched in Zcash.

‘Please stop the FUD': Zcash treasury company Cypherpunk remains committed to accumulating 5% of ZEC supply

Bitcoin

Bitcoin has now fallen more than 50% from its October peak, dipping below $60,000 as the crypto industry reckons with the Zcash vulnerability.

Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence

Cypherpunk Technologies shares tumbled to their lowest point since March as jitters tied to a Zcash bug knocked the Winklevoss-backed firm.

Winklevoss-Backed Zcash Treasury Plunges Nearly 40% on ZEC Privacy Bug Concerns

Liquidations were small relative to the size of the decline, pointing to spot selling rather than a leverage cascade, while open interest in ZEC futures climbed to a record high in token terms as traders crowded into the slide from the short side.

Bearish zcash bets hit record high as privacy token's price crashes

The ZCash team hired a hacker to find an exploit in the ZCash protocol, and he exposed a glitch that has been out there for four years.

Morning Minute: Massive ZCash Exploit Found by Claude, Extent Unknown

Zcash plummetted 40% as Shielded Labs revealed a major bug that went undetected for four years

Live updates: bitcoin below $62,000 ahead of jobs data as Zcash bug rocks crypto

Hayes said he would reconsider his stance if his assumptions that an exploit is still possible prove to be incorrect.

Arthur Hayes dumps zcash holdings after Orchard Pool vulnerability revealed

ZEC crashed over 50% to around $310 amid Zcash's Orchard bug disclosure and more than $116 million in 24-hour liquidations.

Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million

Zcash (CRYPTO: ZEC) crashed as low as 50% over the past 36 hours after Shielded Labs disclosed a critical vulnerability allowing unlimited counterfeit ZEC creation—a bug sitting undetected for four years until Anthropic's Claude AI found it. Security Engineer Used Claude Opus 4.8 To Find The Bug On May 29 On May 29, Shielded Labs security engineer Taylor Hornby discovered the Orchard circuit vulnerability using Anthropic's newly released Opus 4.8 model and immediately shared findings with engineers at the Zcash Open Development Lab.

Zcash Crashes Up To 50% In 2 Days After AI Exposes Critical Vulnerability

An Orchard vulnerability that allowed undetectable counterfeiting of ZEC in its shielded pool has reignited debate over privacy coins.

ZEC Crashes 38% as Zcash Discloses ‘Critical Counterfeiting Vulnerability'

Arthur Hayes has sold his entire ZEC position following the Zcash Orchard pool exploit, declaring that “the Holy Trinity is dead.” The high-profile exit has deepened a selloff that has knocked ZEC down nearly 47% over the past day.

Arthur Hayes Dumps His Entire ZEC Bag After Orchard Exploit, Prices Down Nearly 50%

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.

News for Zcash Crypto (ZEC)