@lisaabramowicz1 It’s 2026 kids in their basement are able to vibe code apps but Bloomberg with billions of dollars aren’t able to do that well even for paid subs. What a shame honestly hardly able to get what any of you say anymore due to app going totally hung all the time
Ueda… the governor of BoJ, basically Powell of Japan (never gonna be you Kevin) - hospitalised. Looks like he is also not able to take the pressure of rate hike
Hope he recovers soon ❤️🩹 sad
BREAKING.: Biggest privacy token $ZEC crashed over -50% in the last 24 hours and wiped out $5 Billion from its market cap.
The flaw was hidden inside Zcash's Orchard privacy pool since May 2022 and remained undetected for nearly 4 years despite multiple security audits.
Security researcher Taylor Hornby reportedly used Claude Opus 4.8 AI model to build a working proof-of-concept that successfully generated counterfeit ZEC in local testing on May 29.
Although the bug has now been patched on June 2, The issue is that Zcash's privacy design makes it impossible to know if any fake ZEC was minted before the fix. Unlike Bitcoin, where anyone can verify the supply, Zcash's privacy design makes it impossible to audit whether fake coins were secretly minted before the fix.
The team denies any fake ZEC was minted, but traders are selling on the fear alone. Imagine someone secretly adding extra chips to a casino, but because of the way the system works, neither the casino nor the players could tell which chips were real and which were fake.
Shielded Labs is exploring a proposed Network Upgrade to allow anyone to verify the integrity of Zcash supply.