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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, discovered by a security researcher using AI, caused its token price to drop 50% as concerns grow about AI's role in crypto security.

  • A security researcher used AI to find a critical vulnerability in Zcash that allowed unlimited token creation
  • Zcash's token price dropped 50% after the flaw was disclosed
  • AI is reshaping the security landscape for crypto, with both defensive and offensive uses

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