Zcash founder Zooko Wilcox confirmed the findings on June 13, noting that the audit was initiated by Shielded Labs to ensure the network's integrity following the recent emergency intervention. The prior security incident, identified by researcher Taylor Hornby on May 29, necessitated a rapid response involving a soft fork to disable Orchard transactions followed by the NU6.2 hard fork on June 3. While Shielded Labs maintains that there is no cryptographic evidence suggesting the vulnerability was ever exploited by bad actors, the lack of definitive proof prompted this exhaustive, AI-assisted investigation.
Beyond immediate remediation, the Zcash ecosystem is shifting its focus toward long-term network hardening. Wilcox continues to champion the proposed Ironwood upgrade, which aims to provide users with independent supply verification tools and enhanced transaction restrictions. Despite these technical developments, market sentiment remains cautious. ZEC tokens are currently trading near $417, struggling to overcome resistance at the $465 level. Analysts suggest that unless the asset reclaims this threshold, it may face a retest of support near $355 as buying pressure wanes in the wake of broader geopolitical volatility.

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