Zcash is strong and will get through this.
The bug was found, disclosed, and fixed. There is no evidence it was exploited.
It was discovered by a white-hat researcher whose job was to find vulnerabilities before attackers could. That's exactly how security should work.
Over time, users can migrate to newer shielded pools that benefit from years of research, real-world experience, and lessons learned. Tachyon is expected to be the safest yet.
The bigger lesson is that, in the age of AI, every protocol should be relentlessly battle-tested. We now have tools that can analyze code and cryptographic systems at a scale that wasn't possible before. Projects should use them aggressively to find weaknesses before attackers do.
Finding a bug isn't a sign that security has failed. Not looking for bugs is.