AI poses greater threat to Bitcoin than quantum computing, Swan founder says

What happened: Swan Bitcoin founder Cory Klippsten said AI poses a more immediate threat to Bitcoin security than quantum computing, warning that hackers use large language models to probe for vulnerabilities. Key numbers: Mercado Bitcoin suspended deposits and withdrawals after researchers estimated more than $46 million left its wallets. Binance lost $6.3 billion in an Oct. Why it matters: Klippsten dismissed quantum computing concerns as largely speculative FUD, arguing the network could adopt quantum-resistant protections later, while rushing them now would add unnecessary complexity.

Swan Bitcoin founder Cory Klippsten said AI poses a more immediate threat to Bitcoin security than quantum computing, warning that hackers use large language models to probe for vulnerabilities.

Klippsten dismissed quantum computing concerns as largely speculative FUD, arguing the network could adopt quantum-resistant protections later, while rushing them now would add unnecessary complexity.