logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Live

Zcash Completes 'Most Ambitious' Network Upgrade as ZEC Resumes Recent Surge

By Decrypt
Jun 3, 2026
4.1 
★
★
★
★
★
★
★
★
★
★
 237 User Rating
Share

Hornby disclosed the flaw to Zcash Open Development Lab (ZODL) engineers that same evening. Within hours, a team of protocol developers confirmed the issue and began a carefully orchestrated, confidential response designed to prevent exploitation before a fix could be deployed.

The coordinated repair unfolded over five days. Developers first issued an emergency soft fork—essentially a temporary rule change—that shut down Orchard transactions entirely while the patch was being finalized. Private coordination with miners and exchanges began the evening of May 31. An initial activation attempt ran into deployment snags, but a second attempt succeeded early Monday morning, halting all Orchard activity at block 3,363,426.

The permanent fix arrived Wednesday, when a full network upgrade—dubbed NU6.2—restored Orchard functionality using a corrected circuit. Such a hard fork was necessary because repairing a zero-knowledge proof system requires updating a cryptographic verifying key, a change that cannot be made through ordinary software patches.

Officials said the total supply of ZEC was never at risk. Zcash's built-in "turnstile" mechanism, which tracks value across all transaction pools, confirmed no unauthorized coins were created. There is no evidence the bug was ever exploited.

The Foundation urged all node operators to upgrade immediately to Zebra 5.0.0, the software release that activates the corrected network rules.

Following the upgrade, block explorers appeared to show that the network hadn’t produced blocks in hours, fueling speculation of downtime. However, experts and the block explorers themselves have said that the network was running as normal, but that explorers were temporarily impacted as they upgraded their own network nodes.

Zcash Targeting Post-Quantum Crypto Milestone by 2027

The price of Zcash (ZEC) doesn’t appear to have been impacted at all by the disclosure of the emergency upgrade, with the privacy-centric coin continuing its latest upward swing. ZEC is currently up more than 10% over the last 24 hours at a recent price near $629, pushing its 30-day rise above 53%.

ZEC is now up 1,084% over the last year, pumping last fall to a recent high of nearly $700—a price that it has come close to matching in recent weeks. Even so, ZEC remains well off its all-time peak of $3,191 set in 2016.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Jotchua
JotchuaJOTCHUA

$0.002049

+66.18%
Euler
EulerEUL

$1.7620

+64.67%
BENQI
BENQIQI

$0.001580

+48.36%
DeXe
DeXeDEXE

$4.7900

+33.91%
Request
RequestREQ

$0.0623

+26.88%

Top Trending

View more
Enso
EnsoENSO

$0.8110

+3.05%
Hyperliquid
HyperliquidHYPE

$58.2790

+1.81%
Shiba Inu
Shiba InuSHIB

$0.00000489

+16.99%
DeXe
DeXeDEXE

$4.7710

+33.38%
Dogecoin
DogecoinDOGE

$0.0717

+3.22%

Recently added

View more
Ket
KetKET

$0.0142

+9.27%
Direxion MU Bull 2X ETF
Direxion MU Bull 2X ETFMUUB

$31.8800

+3.14%
GraniteShares 2X Long INTC ETF
GraniteShares 2X Long INTC ETFINTWB

$21.0600

+3.34%
AXT
AXTAXTIB

$46.8600

-1.26%
GraniteShares 2X Long MRVL ETF
GraniteShares 2X Long MRVL ETFMVLLB

$22.6100

+2.26%

Learn

View more
  1. 1What Is the Usual Protocol? How Does Its Tokenomics Work?
  2. 2What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  3. 3What Is JPYSC? How Japan’s Regulated Stablecoin Works
  4. 4Are AI Agents Safe for Crypto? How to Secure Your Assets
  5. 5What Is Cross-Chain Interoperability? How Does It Function?
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com