Forwarded from unfolded. DeFi
Security researcher finds Zcash vulnerability allowing 'unlimited' counterfeit minting; ZEC drops 31% — link | AI comment
Crypto Mumbles
https://x.com/CryptoHayes/status/2062723034369458520?s=20
when it rains, it pours
all sorts of terrible news seem to be coming out when the markets are bad
ct sentiment is the exponential of market pa (as usual)
don't get too emotional
all sorts of terrible news seem to be coming out when the markets are bad
ct sentiment is the exponential of market pa (as usual)
don't get too emotional
Forwarded from Elfa by elfa.ai
It was a critical Zcash Orchard shielded-pool bug: in the worst case it could have allowed undetectable counterfeit ZEC inside the private pool. It was reportedly found on May 29, privately disclosed, and patched within days via emergency coordination; there’s no confirmed evidence of exploitation, no confirmed user fund loss, but the market sold off hard because privacy means you can’t fully prove the bug was never abused before the fix.
Sources:
⦁ Arthur Hayes on exiting ZEC after the Orchard exploit disclosure
⦁ Community summary of the Orchard bug, disclosure timing, soft fork, and no detected unauthorized value creation
Run your strategies while you sleep → app.elfa.ai/auto
Sources:
⦁ Arthur Hayes on exiting ZEC after the Orchard exploit disclosure
⦁ Community summary of the Orchard bug, disclosure timing, soft fork, and no detected unauthorized value creation
Run your strategies while you sleep → app.elfa.ai/auto
👍3
Crypto Mumbles
when it rains, it pours all sorts of terrible news seem to be coming out when the markets are bad ct sentiment is the exponential of market pa (as usual) don't get too emotional
X (formerly Twitter)
DonAlt (@DonAlt) on X
Sentiment couldn't be worse, everyone is dying
Usually these are the times in which I'd get ready to buy a lot
But nowadays I'd have to worry about 5 Saylor ponzis 100 ETFs and get AI exploits while doing it
Seems like such a hassle, give back the simple…
Usually these are the times in which I'd get ready to buy a lot
But nowadays I'd have to worry about 5 Saylor ponzis 100 ETFs and get AI exploits while doing it
Seems like such a hassle, give back the simple…
👍1
Still, I do believe that ultimately trust has been broken. Even if no blackhat used the exploit even once, since it's in the Orchard pool, we can't know for certain without a backdoor. If such a backdoor exists, then obviously trust is broken there too, so there's no way the team would acknowledge that they have a backdoor, even if they want to prove the exploit wasn't ever used.
https://x.com/CryptoCyberia/status/2062735956113764831?s=20
X (formerly Twitter)
Lain on the Blockchain (@CryptoCyberia) on X
I am giving up on investigating the claims of proof of the Zcash exploit being used because I am tired and retarded >.<
For whatever it's worth, Zcash almost certainly won't go -99% in a few days, since maximum damage is limited to the highest turnstile…
For whatever it's worth, Zcash almost certainly won't go -99% in a few days, since maximum damage is limited to the highest turnstile…
👍3
i agree w this, especially after Mythos was leaked, which led to many DeFi protocols being exploited
i am very sure that many other protocols are sitting on undiscovered vulnerabilities as well
https://x.com/0x_Colt/status/2062653440086462613?s=20
i am very sure that many other protocols are sitting on undiscovered vulnerabilities as well
https://x.com/0x_Colt/status/2062653440086462613?s=20
X (formerly Twitter)
colt 🛡️ (@0x_Colt) on X
I’ve exited all DeFi positions for the foreseeable future.
Zcash has some of the most talented developers in crypto, and they still missed a critical vulnerability that sat unnoticed for nearly four years until it was recently discovered with the help of…
Zcash has some of the most talented developers in crypto, and they still missed a critical vulnerability that sat unnoticed for nearly four years until it was recently discovered with the help of…
😁3👍1
Forwarded from Zoomer News
The NSA Has Been Using Anthropic's Mythos For Offensive Hacking, Even As The US Fights Legal Battle With Anthropic: Semafor
🔗 velo.xyz
🔗 velo.xyz
😢4👍1