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The Japan Times — Businessjapantimes.co.jp

Crypto token’s 50% wipeout shows magnitude of AI-hacking threat (opens original article in a new tab)

TL;DR

A critical vulnerability in Zcash was found using AI, causing its token value to drop 50% as it raised concerns about AI's role in cybersecurity.

  • AI tools are being used by both developers and attackers in cryptocurrency security
  • A critical vulnerability in Zcash was discovered by a researcher using AI, leading to a 50% drop in its token value
  • The flaw allowed for the creation of an unlimited supply of tokens, undermining Zcash's security claims

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