Allium analysts identified five large profitable short positions in $ZEC on Hyperliquid, worth more than $72 million in total, opened on 25–26 May — several days before a vulnerability was found in the Orchard pool.
Zcash Open Development Lab (ZODL) founder Josh Swihart reported that a critical vulnerability in the Orchard shielded pool had been fixed. Against this backdrop, the asset’s price began to recover after a major decline.
Following the recent discovery of a security vulnerability, the Zcash ecosystem has announced a new modernisation plan aimed at strengthening the network’s privacy and security infrastructure.
Friday’s mass cryptocurrency sell-off pushed the total market capitalisation of altcoins down to $880 billion. Zcash suffered the heaviest damage among major tokens, with its price plunging by more than 40% to $264.80.
Taylor Hornby, the security engineer who used Anthropic’s Opus 4.8 AI model to find a critical bug in Zcash, says privacy coin Monero is among the tokens he intends to audit next.
The price of Zcash ($ZEC) fell by 48% to $302.48 after a critical vulnerability was discovered in the protocol. The bug made it possible to create fake coins infinitely and invisibly.
The blockchain of the privacy-focused cryptocurrency Zcash went several hours without displaying new blocks after a critical vulnerability was discovered in Orchard, the network’s core private transaction mechanism.
Joshua Lim, Head of Markets at FalconX, stated that Hyperliquid has become one of the most liquid trading venues in the cryptocurrency market. Demand for its services from hedge funds and institutional investors continues to grow as capital flows out of Bitcoin and Ethereum.
Another day, another crypto market price drop, and another $900+ million in liquidations in the derivatives market. Unlike the previous weekend’s mass liquidations, ZCash [$ZEC] bulls were unable to shrug this hit off.
BitMEX founder Arthur Hayes and NEAR Protocol co-founder Illia Polosukhin appeared on The Rollup to discuss macroeconomic trends and the growing impact of artificial intelligence on the crypto sector.
Zcash is one such cryptocurrency, with its price rising by 100% over the past month to $650. As a result, its market capitalisation exceeded $11 billion, pushing the project to 13th place in the CoinGecko rankings.
The price of Zcash surged more than 14.55% today, trading around $667.92 at the time of publication, with strong trading volume exceeding $1.33 billion — up 117.54% compared with the previous day. The token broke through key resistance levels in the $560–$660 range, reclaimed major moving averages, and displayed strong bullish technical signals, including a golden cross and a flag breakout pattern.
Zcash, the privacy-focused cryptocurrency, surged more than 17% within six hours, reaching a new yearly high on 20 May. As a result of the rally, its monthly gains exceeded 90%, while its market capitalisation surpassed $11 billion, overtaking rival Monero.
Zcash has once again become a focal point within the privacy-coin market. The $ZEC token climbed nearly 10% and approached $580 following two major developments: the SEC officially closed its investigation into the Zcash Foundation without imposing penalties or filing charges, while the organisation also disclosed reserves worth $36.7 million.
The US Securities and Exchange Commission (SEC) has concluded its investigation into the activities of the Zcash Foundation. According to the foundation’s first-quarter report, regulators declined to recommend any enforcement actions or financial penalties.
Zcash continued consolidating this week after its explosive rally toward the $640 area. The privacy-focused cryptocurrency is now trading near $530, where buyers are attempting to stabilize price action above critical technical support levels. Despite the recent pullback, the broader market structure still favors bulls as traders assess whether momentum can recover for another move toward recent highs.
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