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Zcash flaw revealed by AI cuts token value 50%, exposing crypto auditing gaps.

Market News
18 Jun 2026
Forbes
View Source
Bearish
pluang ai news

In June 2026, a critical flaw in Zcash's zero-knowledge proof system was uncovered by security researcher Taylor Hornby using advanced AI, leading to a 50% drop in ZEC's market value. This vulnerability, undetected by human audits for years, highlights a major gap in auditing standards for AI tools in digital asset security. The incident calls for urgent development of continuous AI-driven auditing frameworks and global regulatory cooperation to prevent future cryptographic failures. It underscores the need for evolving financial controls and standardized AI auditing benchmarks in the crypto space.

More News (ZEC)

$460M in crypto liquidations as Bitcoin and Ethereum rally triggers short squeeze

$460M in crypto liquidations as Bitcoin and Ethereum rally triggers short squeeze

Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...

Market News
Bullish
12 hours ago
Trader Garrett Jin sells $13.5M in HYPE, shifts to Uniswap's UNI, holding $83M BTC and $25M ZEC longs

Trader Garrett Jin sells $13.5M in HYPE, shifts to Uniswap's UNI, holding $83M BTC and $25M ZEC longs

Trader Garrett Jin, linked to former Bitforex, sold his entire 184,102 HYPE tokens for about $13.55 million, securing a $2.83 million profit. He then rotated into a long position on Uniswap's UNI token, while maintaining significant holdings of 1,268...

Market News
Bullish
1 day ago
Arthur Hayes and major investors buy millions in Ethereum amid recent token sales and market moves

Arthur Hayes and major investors buy millions in Ethereum amid recent token sales and market moves

Arthur Hayes, after selling several tokens including ZEC and NEAR, has returned to buying Ethereum, acquiring 1,400 ETH worth about $2.5 million. His recent sales caused price drops, notably ZEC which fell over 50% before recovering. Alongside Hayes,...

Market News
Bullish
1 day ago
Crypto analyst predicts next bull cycle bigger, altcoins to outperform Bitcoin after bear market bottom.

Crypto analyst predicts next bull cycle bigger, altcoins to outperform Bitcoin after bear market bottom.

Crypto analyst Kevin Capital forecasts the next cryptocurrency bull cycle will surpass the previous one, with altcoins set to outperform Bitcoin after years of lagging behind. He notes that macroeconomic shifts, including the end of the Federal Reser...

Market News
Bullish
2 days ago
Zcash surges past $500, forcing a whale to close a $9.8M short with $3.8M loss amid strong bullish momentum.

Zcash surges past $500, forcing a whale to close a $9.8M short with $3.8M loss amid strong bullish momentum.

Zcash (ZEC) has risen above the $500 resistance, reaching a local high of $545 before a slight pullback, signaling strong upward momentum. A major whale linked to karna0x closed a $9.8 million short position, incurring a $3.8 million loss as the mark...

Technical Signals
Bullish
2 days ago
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