Zooko declares Zcash bug-free in latest Mythos security audit - Cryptopolitan

* The Zcash audit follows the discovery of a four-year-old bug that could have allowed unlimited counterfeit ZEC creation in the Orchard shielded pool. * ZEC has partially recovered from a 53% price crash triggered by the vulnerability disclosure earlier this month. * The Zcash team has patched the flaw and proposed the Ironwood upgrade to strengthen security and isolate any potential counterfeit coins. **Zcash (ZEC) received a fresh security endorsement on June 12 after Zcash founder Zooko Wilcox-O’Hearn confirmed that an AI-powered audit conducted by Anthropic’s Mythos tool uncovered no additional serious vulnerabilities in the protocol.** The clean bill of health arrives as ZEC continues clawing back losses from a 53% crash triggered by the disclosure of a critical counterfeiting bug in its Orchard shielded pool earlier this month. [Wilcox-O’Hearn thanked Anthropic](https://x.com/zooko/status/2065541979979784341) for the effort and said the work to harden Zcash’s security would continue. While there was no evidence of exploitation, the disclosure was bad news for Zcash, as ZEC fell from approximately $621 to a low of $303 on June 5. The [token made an attempt at recovery](https://www.cryptopolitan.com/zcash-survive-supply-scare-crash-zec-53/) on June 8, rising to $427.67, which was a 41.5% recovery of the drop, CoinMarketCap data showed. As of June 12, ZEC traded around $438 and later dropped to around $410. As of the time of publication, the token was trading around $415 with a market capitalization of over $6.94 billion, per CoinMarketCap. The Zcash Open Development Lab (ZODL) reportedly patched the Orchard flaw, and by June 3, it reported that it had resolved the underlying issue.