Binance founder Changpeng Zhao, known as CZ, stated on October 23 that artificial intelligence poses a greater threat to crypto users through phishing and social engineering than by breaking Bitcoin encryption. He noted that legacy banking systems and the internet rely on weaker encryption standards than Bitcoin, making them more vulnerable to potential AI-driven code-breaking attacks.
CZ emphasized that attackers currently leverage leaked personal data combined with AI-generated messages to create convincing scams. His perspective contrasts with the warning issued on October 8 by Ethereum researcher Justin Drake, who suggested that AI could potentially compromise wallet security in the near future. Drake recommended that large asset holders migrate funds to addresses with hidden public keys.
In response to the growing capabilities of large language models in identifying software flaws, Bitcoin Core developer Antoine Poinsot announced a revised security policy. Under the new rules, vulnerabilities that are easily discoverable by AI will be patched as quickly as possible across all supported versions, accompanied by public security advisories.
The updated Bitcoin Core policy categorizes bugs by severity. Low-severity issues will be disclosed two weeks after a fix is included in a major release. Medium- and high-severity flaws will remain private until the affected versions reach their end of life. Critical vulnerabilities will likely be handled through a separate, specialized process to ensure network security.
