Pay with

USD

Supports Visa, Mastercard, SEPA & more

Flexible trading, zero fees

Use your crypto for payments worldwide

Basic

Trade crypto freely

Magnify your profit with leverage

Convert & Auto-Invest

Trade any size with no fees and no slippage

Get exposure to leveraged positions simply

Pre-Market Trading

Trade new tokens before listing

Advanced

Trade on-chain with Gate Wallet

Smart access to new on-chain tokens

Smart strategies with automated trading

Follow expert trading strategies

CrossEx Trading

One margin balance, shared across platforms

Access hundreds of perpetual contracts

One platform for global traditional assets

Trade European-style vanilla options

Unified Account

Maximize your capital efficiency

Introduction to Futures Trading

Learn the basics of futures trading

Join events to earn rewards

Use virtual funds to practice risk-free trading

U.S. stock CFD derivatives

High leverage, 24/7 trading

Tokenized Stocks

Backed by real stock assets

Mint GUSD for Treasury RWA yields

Launch

Collect candies to earn airdrops

Quick staking, earn potential new tokens

Hold GT and get massive airdrops for free

Unlock full access to global stock IPOs

Trade on-chain assets and earn airdrops

Earn futures points and claim airdrop rewards

Investment

Earn interest with idle tokens

Auto-invest on a regular basis

Dual Investment

Profit from market volatility

Earn rewards with flexible staking

Pledge one crypto to borrow another

One-stop lending hub

Premium wealth growth plans

Private Wealth Management

Premium asset allocation

Top-tier quant strategies

Stake cryptos to earn in PoS products

No-liquidation leverage

Post, share, and explore crypto trends

Live crypto market analysis

Chat with crypto traders

What is happening in crypto

More

Promotions

Activity Center

Participate in activities to earn rewards

Invite friends to earn referral rewards

Affiliate Program

Earn exclusive commission rewards

Grow influence and earn airdrops

Real-time platform updates

Crypto industry articles

Huge fee discounts

Asset Management

One‑stop asset management solution

Enterprise digital asset solutions

Developers (API)

Connects to the Gate application ecosystem

OTC Bank Transfer

Deposit and withdraw fiat

Generous API rebate mechanisms

AI

Your all-in-one conversational AI partner

Use Gate AI directly in your social App

Gate Blue Lobster, ready to go

Gate for AI Agent

AI infrastructure, Gate MCP, Skills, and CLI

Gate Skills Hub

From office tasks to trading, the all-in-one skill hub makes AI even more useful.

Smartly choose from 40+ AI models, with 0% extra fees

Others

Find FAQs and help guides

Learn about crypto investing

Grow with the champions

Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

ZEC Plunges 60% on June 5 After Four-Year-Old Orchard Pool Vulnerability Disclosed

Security Incidents Price Volatility Exchange Risk Derivatives Data

2026-06-08 05:41:58

ZEC8.87%

According to Park Sang-hyuk, editor-in-chief of Digital Assets, ZEC dropped 60% overnight on June 5 following the disclosure of a vulnerability in Zcash's Orchard pool that allowed unauthorized token issuance. The flaw remained unpatched for approximately four years. Park noted in a June 8 interview with SampioTV that Zcash has released an emergency patch and plans to mathematically block the vulnerability through an Ironwood upgrade, though the upgrade timeline remains uncertain. Market concerns persist over potential failed withdrawals during the transition from the Orchard pool to a new pool, which could indicate prior exploitation.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

Zcash Deploys Emergency Update on June 4 to Fix Critical Orchard Pool Vulnerability

Zcash Development Team Releases Ironwood Upgrade After Vulnerability, ZEC Rebounds 40% to $424

Claude Opus 4.8 Discovers Critical Zcash Vulnerability Allowing Unlimited ZEC Minting

Security Researcher Uncovers Critical 4-Year-Old Flaw in Zcash Using Claude AI; ZEC Drops 38%

Zcash Patches Critical Exploit on June 1; Arthur Hayes Dumps Entire ZEC Position as Price Falls 41%

Comment

0/400

No comments