💥An AI-discovered, four-year-old Zcash bug that shook the privacy coin market, causing ripples that sent Monero ($XMR ) prices surging.
ZECUSDT
Trvl
418.23
-4.48%
XMRUSDT
Trvl
363.7
-0.88%
ESPORTSUSDT
Trvl
0.28769
+62.62%
The AI successfully flagged a critical, under-constrained elliptic curve check within Zcash's Orchard shielded pool.
Zcash developers at Shielded Labs quickly deployed an emergency patch to close the hole, but the news caused $ZEC prices to plummet by roughly 30% to 38% over 24 hours due to community panic.
As panic hit Zcash, capital rapidly rotated into Monero (XMR). Investors viewed Monero's "private-by-default" structural design as historically more battle-tested. Driven by this market backlash against Zcash, Monero immediately shot up 8.5% daily and over 10% weekly.