If you’re a user—owner?—of this cryptocurrency, this is important:

On May 29, the security researcher Taylor Hornby found a critical vulnerability in Zcash Orchard privacy pool using Claude Opus 4.8. The Zcash team hired Hornby specifically to look for this kind of issue. He found one fast enough to be embarrassing.

The Orchard pool is the newest and most advanced shielded transaction system in the cryptocurrency Zcash. Introduced in 2022, it allows users to send and receive ZEC while keeping transaction details private. It uses zero-knowledge proofs to validate transactions without revealing amounts or participants. The bug: a specific check that was supposed to validate transaction inputs wasn’t actually enforcing the rules it appeared to enforce. An attacker could have exploited the flaw to feed false inputs into that check and generate ZEC from nothing, with the zero-knowledge proof system blessing the fraudulent transaction as valid.

It’s fixed; that’s the good news. The bad news is that there’s no way of knowing if anyone exploited the vulnerability to steal money. And this fragility is the fundamental problem that makes blockchain such a bad idea.

In April, Anthropic initated Project Glasswing. The idea was to let companies use their new model to find and fix vulnerabilities in their own software. It was a fantastic PR move, and so many press outlets have uncritically parroted Anthropic’s claims that it’s now common wisdom that Mythos is better at finding software vulnerabilities than other models. Which is just not true.

In any case, Anthropic has published a Project Glasswing status report. It’s finding a lot of vulnerabilities in software—yay! Some of them are even dangerous. But almost none of them has been patched. It’s weird. There’s something fishy about the data that I don’t understand. That Anthropic refuses to release details—that it just says “trust us”—is a big problem here.

New article: “Responsible Disclosure in the Age of AI: A Call for Urgent Action,” by Melissa Hathaway.

Abstract: Artificial intelligence is fundamentally reshaping the balance between vulnerability discovery and remediation. Frontier AI models are now capable of autonomously identifying exploitable software vulnerabilities at unprecedented speed and scale. This development exposes decades of accumulated technical debt created by a software industry that prioritized rapid deployment over secure-by-design engineering practices. Drawing on the evolution of software assurance, vulnerability disclosure frameworks, and U.S. cyber policy, this perspective argues that the current moment represents a strategic inflection point for governments, industry, and critical infrastructure operators. The author examines the growing tension between offensive and defensive equities in cyberspace, the emergence of AI-enabled vulnerability discovery capabilities in both the U.S. and China, and the increasing risks posed by unsupported legacy systems and AI-assisted code generation practices. Responsible disclosure can no longer remain a reactive or fragmented process, but must become a coordinated national and international resilience effort involving governments, software vendors, infrastructure operators, and emergency response organizations. The article concludes with an urgent call for accelerated remediation, large-scale patch management coordination, and sustained investment in automated vulnerability repair capabilities before adversaries exploit this rapidly narrowing window of opportunity.