Zcash jump 25% after Anthropic Mythos audit no find new serious bugs
ZEC climb pass 25% after Zcash founder Zooko Wilcox confirm say Anthropic’s restricted frontier AI model, Mythos, don do security audit for the Zcash protocol and no new serious or critical vulnerability show.
The rally follow sharp sell-off wey happen days before. For June 3–5, 2026, Zcash carry out emergency soft fork to patch one critical forgery vulnerability for the Orchard shielded pool. Dem talk say the bug don dey the codebase since around 2022 (about four years). The disclosure make ZEC drop nearly 40%, and no evidence say anybody don exploit am earlier.
Wilcox talk say Shielded Labs request the Anthropic Mythos audit on June 12–13. The audit no find additional serious issues besides the one wey dem don patch. Market treat the “clean bill of health” as confirmation say Zcash’s shielded pools still cryptographically intact, wey help restore confidence for the privacy coin’s main story.
ZEC bounce back reach about $496–$497 sharp after the news, showing how traders quickly reprice from “fear” to “risk-on”.
Bullish
This fit likely mean beta for ZEC short-term because market don already price one major risk event (the Orchard forgery bug) with about ~40% drop, and the follow-up Anthropic Mythos audit confirm say no new serious/critical wahala. That kind of “risk-clear” gist dey usually trigger quick technical rebound as traders shift from capital preservation back to holding/liquidity provision.
For short run, expect high volatility: ZEC don move sharply (up ~25% and come back around ~$496–$497), and any later details about the original incident or audit methodology fit change sentiment again. Long-term, the impact go depend on whether Zcash fit maintain trust through continued bug bounties, quick patching, and transparent security reporting. Similar post-incident cycles for crypto show say credible third-party review fit extend the recovery phase, but only if no follow-up vulnerabilities show.
Overall, the audit confirmation reduce tail-risk for the protocol’s shielded pools, and that support market stability compared to the immediate aftermath of the vulnerability disclosure.