Zcash rebounds 80% as developers propose Ironwood upgrade after Orchard bug

A 32 BTC sale, a Zcash scare, a hot jobs report, and a flush that wiped billions. Then Saylor bought the dip.

Zcash is a privacy-focused cryptocurrency that enables users to hide key details of transactions by leveraging zk-SNARKs.

China’s top security authority has warned developers about risks linked to AI relay services that provide access to overseas models. The Ministry of State Security said some platforms could expose user information and enable unauthorized cross-border data transfers.  The warning…

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

Zcash's surge highlights growing institutional interest in privacy coins, signaling a shift in market perception and potential regulatory challenges. The post Zcash adds $1B to market cap in under 24 hours as privacy coins roar back appeared first on Crypto Briefing.

Zcash’s Orchard pool bug, undetected since 2022, sent ZEC crashing 52% to $303. The proposed Ironwood upgrade lets anyone verify ZEC’s 21 million coin supply cap. Analyst Yashu Gola warns of a rising wedge pattern, with $314 as the key support. Zcash (ZEC) suffered one of its worst weeks in recent memory last week. The […] The post Zcash developers propose ‘Ironwood’ upgrade, ZEC price rebounds, but there is a risk appeared first on CoinJournal.

Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool.

Josh Swihart has detailed Zcash’s emergency response to a vulnerability that could have enabled unlimited counterfeit ZEC creation, as the token has recovered more than 41% from its post-disclosure low. According to Josh Swihart, founder of Zcash Open Development Lab…