In brief A security researcher discovered a critical vulnerability in Zcash nodes that bypassed proof verification for the deprecated Sprout shielded pool. Major mining pools deployed the patch within three days, with Zcash developers releasing v6.12.0 on Tuesday. Zcash’s “turnstile” mechanism would have prevented broader supply inflation even if the pool had been compromised. A security researcher discovered a critical vulnerability in Zcash nodes that could have allowed malicious miners to drain more than 25,000 ZEC from the network’s deprecated Sprout shielded pool—a sum worth about $6.5 million at writing.Alex “Scalar” Sol disclosed the flaw on March 23, according to…

Cardano and Midnight Founder Charles Hoskinson said proposed U.S. crypto legislation could take more than a decade to implement, fail to survive political change and structurally disadvantage new entrants while benefiting established cryptocurrencies.The Digital Asset Market CLARITY Act is still being negotiated in Congress, with lawmakers circulating updated text and trying to close final gaps. While a compromise on stablecoin yield appears close, other sticking points, including decentralized finance and Democratic political demands, remain unresolved, leaving the bill short of a full Senate vote for now.“Even if it does get passed, it’s going to take many years of rulemaking,” he…

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