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Clean of Bugs After Being Audited by Claude Mythos, Zcash Token Soars

Zcash (ZEC) recorded performance gains of up to 10% over the past 7 days after its founder, Zooko Wilcox-O'Hearn, announced that Anthropic has completed a security audit of the Zcash protocol. The audit using the AI model Claude Mythos stated that no critical security loopholes were found in their system.
​The announcement was immediately welcomed by the market, sending the price of ZEC soaring—at one point trading above $530 per coin in the afternoon. Entering the early hours of Wednesday (17/6), the token’s price underwent technical adjustments and now sits at around $502 per coin as a form of recovery of market sentiment that had briefly wavered.
​This positive sentiment came right after Zcash was hit by a massive sell-off that drove its price down by as much as 50%. The earlier market panic was triggered by the discovery of a critical security loophole in the Orchard shielded pool that could potentially enable undetected token forgery, but the development team quickly moved to roll out emergency fixes to close the loophole.
​In its latest report, the Shielded Labs team stated that user funds on the Orchard network are confirmed to remain safe and there is no evidence of misuse of the security loophole. To fully restore the system, developers are now preparing a network update called Ironwood to permanently lock the total token supply and return the cryptographic verification process to users.