Zcash plans to introduce hash-based signatures in January 2025 to defend against AI and quantum computing threats, and is releasing a privacy tool this week for rotating transparent addresses.
Reports mentioning Zcash
Zcash developers have set a target of January for the implementation of quantum-resistant payment features, a move accelerated by a recent security incident dubbed 'bunker mode.' This initiative aims to safeguard the privacy-focused cryptocurrency against potential threats from future quantum…
The increasing sophistication of artificial intelligence poses a significant threat to cryptocurrency privacy by making it cost-effective to link wallet addresses to the individuals who own them. Unlike traditional financial systems where records can eventually be purged, the immutable nature…
The individual responsible for the $387.5 million Bitget cryptocurrency exchange hack has begun to move approximately $3.8 million worth of Zcash (ZEC) into the privacy-enhancing Ironwood pool. This action follows an unsuccessful attempt to conduct swaps through Near Intents…
Hackers associated with the Bitget exchange breach have moved approximately $4 million worth of Zcash (ZEC) into a privacy-enhancing pool, significantly complicating efforts to trace the illicitly obtained funds. The transfers, totaling around 15% of the stolen ZEC, were directed…
Cryptocurrency exchange Bitget announced on Thursday that a recent security breach impacted approximately $388 million in assets, a figure higher than initially reported. The revised total stems from a detailed analysis of affected assets across the Zcash and TRON blockchains.
Anthropic's Claude Mythos AI model has successfully demonstrated the ability to break post-quantum cryptography, a significant development that could have profound implications for digital security. The breakthrough was detailed in a recent announcement, highlighting the model's advanced capabilities in deciphering…
Zcash founder Zooko Wilcox announced on March 18, 2024, that Anthropic's Mythos AI model has completed its audit of the Zcash privacy protocol and identified no additional "serious bugs." This follows an earlier discovery and subsequent patching of a critical…
Zcash is a privacy-focused cryptocurrency that utilizes zero-knowledge proofs, specifically zk-SNARKs, to shield transaction details. This technology allows for shielded transactions where sender, receiver, and amount are obscured, while still maintaining the integrity and verifiability of the blockchain.