Zcash Surges Over 10% Following Critical Orchard Bug Fix

The Zcash Foundation announced the completion of a five-day emergency repair to address a critical bug in the Orchard protocol that posed a risk of double-spending. According to NS3.AI, developers initially paused Orchard transactions via an emergency soft fork and subsequently reinstated operations with the NU6.2 network upgrade. ZEC experienced a significant increase, rising over 10% in the past 24 hours to approximately $629, with a 30-day growth surpassing 53%.