In a turn of events that would make even the Auditors’ Guild raise an eyebrow, Zcash founder Zooko Wilcox-O’Hearn (or as his mum calls him, Zippy) has publicly doffed his hat to Anthropic. Why? Because their top-secret AI, Mythos, gave the Zcash protocol a once-over and found it as bug-free as a Discworld library after a visit from the Librarian. (Which is to say, still a bit dusty, but no lurking nasties.)
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Key Takeaways (or as we like to call them, the Important Bits):
- Anthropic’s Mythos AI, a model so exclusive it probably has its own velvet rope, audited Zcash and declared it cleaner than a wizard’s spellbook after a spring clean. (As of June 12, 2026, mind you.)
- ZEC, the currency that’s been on more rollercoasters than a troll on a sugar rush, is trading between $411 and $416 on June 13. It’s bounced back from its June 5 lows near $300, which is more than can be said for my faith in the Ankh-Morpork stock market.
- Shielded Labs and the Zcash crew are still hard at it, prepping for the Ironwood upgrade in late July 2026. Because, as they say, security is like a good stew-it takes time and a lot of stirring.
Zooko’s Thank-You Note: A Rare Sighting
Zooko, the man who’s more at home in a cryptographer’s den than at a fancy dinner party, took to X to express his gratitude. (Yes, even wizards say thank you sometimes.) He said:
“Thanks, Anthropic, for keeping Zcash users safer than a dwarf in a mine with a helmet. Mythos gave us the all-clear, but we’re not resting on our laurels. Shielded Labs and the gang are still at it, hardening security like a blacksmith on a deadline. Stay tuned for more excitement.”
This comes hot on the heels of the Orchard bug fiasco, which saw ZEC prices plummet faster than a dropped sock in a dwarf mine. (Public disclosure on June 4 and 5 didn’t help, but hey, transparency is a double-edged sword.)
Mythos: The AI That’s More Exclusive Than a Wizards’ Council Meeting
Anthropic’s Mythos is the AI equivalent of a wizard who’s mastered every spell but refuses to teach anyone else. Introduced in April 2026 as part of Project Glasswing, it’s not for the likes of you or me. (Unless you’re a major tech company or critical infrastructure project, in which case, congratulations on your exclusivity.)

Shielded Labs, the nonprofit keeping Zcash afloat, somehow managed to wrangle access to Mythos and pointed it at the entire Zcash protocol. (Probably involved a lot of paperwork and a few favors.)
The Orchard Bug: A Tale of Woe and Woe
The Mythos audit followed a harrowing saga for Zcash holders. In late May 2026, security researcher Taylor Hornby (who probably has a cape and a secret lair) used a custom AI framework to uncover a bug in the Orchard shielded pool. This bug had been lurking since May 2022, as undetectable as a ninja in a dark alley.
The flaw? An attacker could mint counterfeit ZEC, which is about as welcome as a dragon in your living room. Developers sprang into action faster than a witch on a broomstick, disabling Orchard actions with a soft fork on June 2 and deploying the NU6.2 upgrade on June 3.
Despite their speed, the public disclosure on June 4 and 5 sent ZEC prices tumbling from $624 to nearly $300. Billions vanished from the market cap faster than a bag of gold in Ankh-Morpork.
Clean Audit, But the Work’s Not Done
Mythos’ clean bill of health doesn’t mean the Zcash team is kicking back with a pint of wizard’s ale. Zooko made it clear: the security grind continues. Shielded Labs and contributors are formalizing Orchard circuit verification, throwing more AI audits at the problem, and hiring a Head of Security and a cryptographer. (Because two heads are better than one, especially when they’re full of brains.)
The Ironwood upgrade, slated for late July 2026, will deploy a new shielded pool with the corrected Orchard circuit and stricter accounting. It’s like putting a lock on your treasure chest and hiring a guard dog.
ZEC Price: Steady as She Goes
As of June 13, ZEC is holding steady between $411 and $416, having recovered 45% to 80% from its June 5 lows. The market cap is hovering around $6.9 to $7.0 billion, keeping ZEC in the top 12 to 15 cryptocurrencies. (Not bad for a currency that’s been through the wringer.)
The Mythos audit, the emergency fix, and the Ironwood roadmap have all helped stabilize the price. But it’s still a far cry from the June 4 peak of $624. The next big move? Likely tied to Ironwood’s progress.
Security: The Never-Ending Quest
Zooko’s closing words were a reminder that this isn’t the end of the road. “Stay tuned for updates,” he wrote, hinting at an ongoing saga that now includes some of the most advanced AI security tools in the land. For ZEC holders, the clean Mythos audit is a sigh of relief after a turbulent fortnight. But the team’s still on the lookout-because in the world of crypto, you can never be too careful.
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2026-06-14 00:28