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According to Decrypt, Zcash founder Zooko Wilcox announced the Ironwood upgrade proposal on Friday to fix a critical vulnerability discovered by Shielded Labs, which could allow unlimited token minting. The upgrade will enable users to verify Zcash's circulating supply immediately by aggregating balances across all active pools after activation. This weekend, Zcash's market cap rebounded to nearly $7.5 billion, up $2.5 billion from the $5 billion low on Friday, although still 30% below the peak of $1.05B before the incident. ZEC rose 6%, approximately to $445 million. Mert Mumtaz, CEO of Solana infrastructure company Helius Labs and a candid supporter of Zcash, said the upgrade received an "extremely positive" response and noted that it adopts a comprehensive strategy to prevent future vulnerabilities.