Zcash acquirer praises team for finding bug before attackers

Nasdaq-listed Cypherpunk Technologies (CYPH), a company that acquires Zcash (ZEC), has praised the Zcash team for its handling of a recent vulnerability. In a statement on its official X account, Cypherpunk Technologies said that while AI will find vulnerabilities in all blockchains, the crucial factor is having a team that can discover them before malicious actors. The company added that the Zcash team has proven this capability. The comment follows the recent discovery of a vulnerability in Zcash, dubbed the Orchard infinite inflation bug, which led to a sharp decline in the price of ZEC. However, some observers have noted that the Zcash team has since fixed the bug. They also argue that the issue was not an infinite inflation flaw and that there is no evidence it was ever exploited.