Shielded Labs said exchanges, mining pools and wallets may need more time to complete Zcash’s Z3 software migration and safely prepare for Ironwood. Shielded Labs has raised the possibility of delaying Zcash's Ironwood network upgrade, warning that ecosystem participants like exchanges, mining pools and wallets may not have enough time to prepare their systems for the planned activation in late July. Jason McGee, executive director of Shielded Labs, said in a Zcash community forum post that two major projects are moving forward at the same time. Alongside Ironwood, infrastructure providers are being asked to replace Zcash’s longstanding node and wallet software, zcashd, with a new collection of tools known as the Z3 stack. The concerns highlight the trade-off between quickly restoring confidence in Zcash’s shielded supply and giving ecosystem participants enough time to deploy and audit the new infrastructure safely. Read more
Zcash founder Zooko Wilcox said Anthropic's Mythos AI model found no further "serious bugs" in the privacy protocol following the patching of a previously discovered forgery bug. Zcash founder Zooko Wilcox said a security audit by Anthropic's Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency's protocol. Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash, the AI security audit did not find “any more serious bugs” in the Zcash protocol, according to a Saturday X post by Wilcox. On June 3, Zcash developers temporarily suspended Orchard transactions after discovering a vulnerability in the shielded pool. Functionality was restored later that day through an emergency upgrade. Read more
Ironwood would close the old Orchard pool to new activity and route funds through a turnstile before they enter a new shielded pool. Zcash developers are proposing a new shielded pool called Ironwood after a recently patched bug raised concerns about whether counterfeit ZEC could have entered circulation unnoticed. The Zcash Open Development Lab (ZODL) said Saturday that it is working with Tachyon, Valar Group, the Zcash Foundation and Shielded Labs on the proposed network upgrade, which would add formal verification and independent audits to the Orchard protocol, a privacy system that lets users move ZEC without revealing transaction details. The proposal would close the current Orchard pool to new deposits and internal transactions, requiring funds to pass through a “turnstile,” which serves as an accounting checkpoint, before entering Ironwood. Read more
ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months. Key takeaways: Ether (ETH) plummeted to a 13-month low of $1,540 on Friday, following the bearish trend across the broader cryptocurrency market. Traders now fear a deeper price correction, given weakness in ETH derivatives metrics and heightened risk after a bug was found in the Zcash blockchain. Read more
Zcash developers are weighing a new shielded pool and turnstile accounting after the Orchard bug raised supply verification questions. Zcash developers and researchers are discussing whether a new shielded pool could help restore supply verification confidence after a recently patched Orchard vulnerability. Shielded Labs, an independent Swiss-based Zcash support organization, said in a security update on Friday that it is exploring a proposed network upgrade that would deploy a new shielded pool and enforce “turnstile accounting” on coins moving from Orchard, giving users a clearer way to verify the integrity of funds moving out of the pool. The group said the proposal is still subject to further explanation and community review. Shielded Labs said it plans to publish a follow-up post next week explaining how the upgrade would work and what tradeoffs it could involve. Read more
Zcash Open Development Lab said the network briefly became unstable as miners upgraded, while the Zcash Foundation said there was no evidence of an exploit. Zcash developers temporarily suspended Orchard transactions after discovering a critical vulnerability in the privacy-focused blockchain’s latest shielded pool, then restored functionality through an emergency network upgrade. On Wednesday, the Zcash Foundation said the vulnerability affected Orchard’s zero-knowledge proof circuit and could have allowed invalid state transitions within the pool. However, the Foundation said there was no evidence that the bug was exploited, no unauthorized value creation was detected, and user privacy was not affected. The fix was carried out through a two-step emergency upgrade. Zebra 4.5.3 temporarily disabled Orchard actions, while Zebra 5.0.0 activated the NU6.2 upgrade to re-enable Orchard with a corrected circuit, according to the Foundation. Read more
ZEC has jumped 18% in three days as privacy coins rally, defying a 3.45% drop across the wider crypto market. Privacy coin Zcash (ZEC) is flashing a classic bullish reversal pattern that could push its price above $1,000 in the coming weeks. Key takeaways: The ZEC/USD pair appears to have formed a cup-and-handle (C&H) pattern, marked by a rounded recovery phase followed by a downward-sloping consolidation. Read more
Swyftx’s Pav Hundal says Zcash is surging amid concerns about artificial intelligence, quantum computing and financial surveillance. Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying closer attention to privacy-focused projects. Zcash traded at about $346 on Friday, May 1, before hitting a seven-day peak of $593.86 on Wednesday. It has since settled at around $570 as of Friday, according to CoinGecko. Pav Hundal, lead market analyst at crypto exchange Swyftx, told Cointelegraph that traders have begun paying closer attention to privacy projects “amid broader concerns about the impact of AI, quantum computing and financial surveillance on crypto.” Read more
Robinhood’s ZEC listing, easing US–Iran tensions and a shrinking liquid supply of tokens are further strengthening the bullish outlook for Zcash in the coming weeks. Zcash (ZEC) has outperformed the broader crypto market over the past month, rising by over 125% compared to an average 15% gain for most coins. ZEC/USD versus TOTAL crypto market cap 3o-day performance chart. Source: TradingView Read more
The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%. Crypto mining pool operator Foundry Digital has launched a pool for the privacy-focused cryptocurrency Zcash, which the company says has secured nearly 30% of the Zcash network hashrate through partnerships with multiple institutional mining clients. “Institutional and public miners are seeking a compliant, purpose-built Zcash mining solution,” Foundry said on Monday, a month after announcing its plan to create the Foundry Zcash Pool. Foundry, which is also the largest mining pool on the Bitcoin blockchain, did not disclose which institutional miners it had onboarded to reach a 29.2% hashrate share. Read more
ZEC's latest rebound resembled bounces witnessed during the 2021 bear market, raising the odds of a 40% correction in the coming weeks. Zcash (ZEC) rallied after President Donald Trump announced a two-week ceasefire deal with Iran, leading gains in a broader relief rally across global risk markets. Key takeaways: A 2021-style fractal warns ZEC price could fall 40% toward in the coming weeks. Read more
The digital asset infrastructure company plans to launch the pool in April as it expands beyond Bitcoin mining services. Digital asset infrastructure company Foundry Digital plans to launch a mining pool for Zcash in April 2026, expanding beyond Bitcoin mining infrastructure. The company said the pool will be designed for institutional and publicly traded miners seeking compliance-focused mining services. The new pool will be based in the United States and built on the same infrastructure used by Foundry USA Pool, which is operated by the company. Foundry said the service will include reporting tools and payout systems intended to meet the operational requirements of institutional miners. Zcash is a privacy-focused cryptocurrency which features an encrypted ledger using zero-knowledge proofs. A mining pool is a service that allows multiple miners to combine computing power and share block rewards, increasing the chances of earning consistent payouts. Read more