👍 Critical Zcash Vulnerability Discovered

A critical vulnerability was found in the Orchard private transaction pool of Zcash (ZEC), allowing unlimited creation of fake ZEC tokens unnoticed by the network.

This flaw was detected on May 29 using the Claude Opus 4.8 model from Anthropic.

Following the discovery, Zcash Foundation confirmed user funds remain safe and no exploitation has been recorded. Developers are now considering an upgrade to verify the total supply’s integrity.

Meanwhile, ZEC price plunged by 31%.

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a16z bought 155,321 HYPE worth $11.1 million in the last 14 hours.

Since the start of this year, a16z has accumulated 6.75 million HYPE totaling over $312 million at an average price of $46.24, with unrealized gains around $141 million.

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Michael Saylor says capital markets are funding AI development with about $400 billion in six months, causing $4 billion outflows from BTC ETFs since May 14.

He calls this a capital redistribution, not Bitcoin devaluation, and says volatility creates opportunities.

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Bankless host Ryan Sean Adams says Ethereum is a failed project without ETH worth trillions as a global store of value.

He insists it's better to admit failure than to separate Ethereum from ETH.

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The costliest trade last year was choosing crypto over AI

Will this trend reverse?

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Crypto prices since Trump took office:

$BTC: -44%
$ETH: -49%
$XRP: -68%
$SOL: -77%
$DOGE: -79%
$AVAX: -82%
$ADA: -85%
$SUI: -86%
$ENA: -92%
$APT: -93%
$TRUMP: -97.7%
$MELANIA: -99.5%

Please please Mr. President. It’s too much winning. We can’t take it anymore.

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Why would anyone buy Crypto right now when stocks are actively doing this?

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Real

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In hindsight, it was inevitable

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Even during a crash bros got his priorities in check.

What a legend.

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⚡️ JUST IN: Saylor says it’s a good time to add more DOTs.

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“Mint billions of coins out of thin air. It’s a privacy coin so they’ll never know”

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Making hundreds of millions or billions of dollars is more about the game you're playing than about how good you are at the game.

This is why you see some VCs get VERY wealthy even when they aren't S tier capital allocators.

Take a step back and ask yourself:

"Is the world I'm playing in, one in which I can make $5M even if I'm mediocre?"

For most people the answer is no.

But if you want the answer to be yes, you should play in a world where $5M is nothing but a blip in the scheme of things.

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🗣 Trump Urges Netanyahu to Accept Iran Deal

Trump said Netanyahu should accept a deal with Iran following Iran’s missile strike on targets in Israel, marking the most serious ceasefire breach since April. Iran stated that a permanent ceasefire in Lebanon is a key condition for any deal with the US.

Trump warned that if talks fail, military strikes or a tighter blockade could follow, noting that economic pressure has proven more effective than military actions.

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⚡️ JUST IN: Strategy buys 1,550 Bitcoin at an average price of $65,332 from June 1 to June 7.

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Bybit launched the IPO Express platform for IPOs, starting with SpaceX.

It runs on xStocks by Payward Services.

Subscriptions are open from June 7 to June 11, with an indicative price of $135 per token and a minimum of $100 USDC, only for VIP and PRO users.

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⚡️ JUST IN: Sam Bankman-Fried formally applies for a Trump pardon, according to Bloomberg.

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Imagine making $45 million but not take any profit at all.

He stated his net worth is $17,000 today.

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