Everything else across crypto, blockchain, and digital assets. 525 stories curated by CryptoCatalyst.
The Zcash vulnerability uncovered with help from Anthropic's Claude Opus 4.8 signals a shift in who may discover critical flaws first. Experts warn the crypto industry may not be prepared for this new reality.
The price of Zcash cratered following the disclosure of a serious vulnerability for the privacy coin. Can ZEC make a comeback anytime soon?
Abra’s CEO Bill Barhydt believes tokenized yield products and onchain lending will be the next big thing in crypto wealth management. This comes as Abra prepares for its Nasdaq debut, signaling growing institutional interest in the space.
Yan Liberman argues that judging crypto projects like Venice by traditional value accrual metrics is premature. He highlights Hyperliquid as an example of a project with a strong business model.
A viral tweet by @galactiator dismantles the claim that Big Tech can easily add privacy as a checkbox feature, calling it historically illiterate and pointing out that if it were that simple, companies would have already done it.
Shares of Cypherpunk Technologies, the company behind Zcash, fell sharply due to concerns over a privacy bug in the ZEC cryptocurrency. The bug could potentially expose transaction details, raising worries among investors.
1. OVERNIGHT MOVES
Fallout from a bug that enabled undetectable Zcash counterfeiting shows that privacy can sometimes present tradeoffs, experts say.
Measuring crypto profits and losses by supply alone isn't enough. Investors should also consider the capital deployed to gain those positions, as it significantly impacts market behavior and individual outcomes. This approach provides a more nuanced understanding of market dynamics.
A security researcher discovered a critical vulnerability in Zcash that could have enabled unlimited counterfeit coin creation. The bug was fixed within days, and findings suggest that actual exploitation of the bug is unlikely. ZEC's price dropped 31% on the news.
Taylor Hornby, who uncovered the Orchard flaw that sent Zcash down 38%, says other privacy coins are on his list too.
Zcash developers are considering a new shielded pool and turnstile accounting to address a recent bug that allowed counterfeit transactions. This follows concerns about the supply verification process in the Orchard protocol.
Quantitative trading firms are hiring aggressively for prediction markets like Polymarket and Kalshi, not to bet on outcomes but to exploit market inefficiencies. This shift signals growing interest in these platforms beyond niche betting.
1. OVERNIGHT MOVES
An AI model discovered a four-year-old vulnerability in the Zcash cryptocurrency network, prompting warnings that similar flaws could exist in other crypto and traditional financial systems. Security experts urge immediate attention to potential risks across the financial sector.
Two crypto billionaires, Christopher Harborne and Ben Delo, donated $9.4 million to Nigel Farage's Reform UK party in the first quarter. This is the largest donation the party has received, highlighting crypto's growing influence in politics.
Forward Industries transferred $31.9 million in SOL to Coinbase Prime as its Solana investment sits over 70% underwater. This move highlights the financial strain on companies holding large crypto positions.
Zcash disclosed a flaw that allowed undetectable counterfeiting of its privacy coin, ZEC, causing its price to drop 38%. The vulnerability has sparked renewed debate about the risks of privacy-focused cryptocurrencies.
1. OVERNIGHT MOVES
Tokenization is following a similar path to ETFs, which grew into a $10 trillion market. This could revolutionize how assets are traded and owned, making complex assets more accessible and liquid.
Payward, the parent company of Kraken, plans to let everyday investors buy shares in upcoming IPOs at the offering price using tokenized equities. This move could democratize access to high-profile stock debuts, which are typically dominated by institutional players.
Standard Chartered is on track to fully acquire Zodia Custody, with a signing targeted by the end of June and completion by the end of August. Julian Sawyer, CEO of Zodia, says every bank will soon need to hold digital assets to stay competitive.
Tanaka notes that while TradFi continues to pour money into AI infrastructure, crypto still has room to grow. The key question is whether crypto can carve a real wedge instead of just borrowing from AI trends.
A new report from Delphi Digital reveals that 540+ tokens launched since 2020 spent 70% of their lifetime below their initial launch price. This highlights the common trend of inflated initial valuations and limited initial supply.