UPDATED SAT 17 OCT · 19:33 UTCLIVE
SecurityMedium

Zcash Trusted Setup Potentially Compromised

Claims surface that the Zcash trusted setup ceremony was bugged — with phones reportedly recording and broadcasting audio from a secret meeting — raising serious questions about the privacy coin's foundational cryptographic assumptions.

What we know

an account on X surfaces and engages with claims that the Zcash trusted setup ceremony had interference — phones allegedly recording/broadcasting audio from what was meant to be a secret meeting, implying a participant or device was compromised (tweet). Full article linked (tweet). This is framed against a backdrop of a hacker reportedly being traced even after using Zcash, and trader1sz's broader thesis that in crypto, tech fundamentals are secondary to shilling power (tweet). Note: contrast with another account on X's RT of another account on X who clarified Claude's reverse-engineering of elliptic curve parameters was NOT a break of cryptography (tweet).

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.