technology··1 min read
ZEC Surges 42% After Zcash Team Fixes Orchard Vulnerability
Zcash price jumped 42% following details of an emergency upgrade that patched a critical flaw in the Orchard shielded pool.
Zcash (ZEC) surged 42% in the past 24 hours after details emerged about a critical vulnerability in its Orchard shielded pool that was fixed via an emergency upgrade.
Josh Swihart, founder of the ZODL wallet, outlined a two-step upgrade process that addressed the flaw without requiring a hard fork. The vulnerability could have allowed attackers to create counterfeit ZEC tokens within the Orchard pool.
The Zcash team deployed the fix rapidly after discovering the issue, ensuring that user funds remained secure. The price rebound reflects renewed confidence in the network's security response.