Al (Claude) found a critical 4-year bug in Zcash's Orchard shielded pool (since 2022). Could've let attackers mint unlimited fake ZEC undetected.
No exploitation found, team patched it quick with emergency fork. But ZEC still crashed 30-50%, wiping $5B+ market cap. Privacy coins stay risky af. Trust hit hard.
The bug has been fixed, but it's still unclear whether any fake ZEC was created before the fix.
Future for $ZEC ? Could bounce if they nail better audits + upgrades, or keep bleeding if more FUD hits.
Long term privacy play might recover, but volatile as hell rn. #ZECUSDT #zec $