Zcash Foundation executed a rare emergency network upgrade to patch a critical flaw in its core transaction system. A security researcher discovered a bug that could have allowed spending of funds not owned, but the network's integrity was maintained, and no ZEC was lost.
Zcash developers temporarily suspended Orchard transactions due to a critical vulnerability in its shielded pool. An emergency network upgrade restored functionality, with no evidence of exploitation or privacy compromise.
Crypto majors are very green with Bitcoin making a new another 2-month high; BTC +2% at $96,7500; ETH +2% at $3,360, SOL even at $145; XRP -1% to $2.11. DCR (+30%), DASH (+10%), ICP (+10%) and ZEC (+7%) led top movers; XMR hit another new ATH at $800 before retracing to $725. Coinbase pulled support for the Senate’s crypto market structure bill ahead of a key vote, citing major concerns with the latest draft, leading to the Senate delaying the bill. Zcash avoided SEC action after the Zcash Foundation said the agency’s investigation has concluded. Ripple secured a Luxembourg license as its European expansion continued. Pakistan teamed with World Liberty Financial to explore stablecoin use cases for remittances and cross-border payments. The Human Rights Foundation awarded nearly $1.3M in Bitcoin grants to projects tied to human rights and freedom tech. Figure unveiled a new public equity network designed to enable on-chain issuance of stocks and related assets. FTX prepared another round of creditor payments and outlined timing details for the next distribution on March 31. Sui came back online after a nearly six-hour network stall, marking another reliability test for the chain.
