AI is breaking crypto security by making hacks cheaper and easier, Ledger CTO warns
AI is breaking crypto security by making hacks cheaper and easier, Ledger CTO warns
Publish Date: 2026-04-05 10:02:00
Source Domain: www.coindesk.com
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Emergence of AI in Cybersecurity Threats: AI tools are making hacking attacks on crypto platforms faster and cheaper, according to Charles Guillemet, chief technology officer at Ledger.
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Recent High-Profile Crypto Heists: Last year, over $1.4 billion in assets were stolen or lost through crypto attacks, including notable recent exploits such as the $285 million theft from Drift and a $25 million attack on Resolv.
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AI’s Impact on Security Economics: AI is breaking down traditional security economics by making it easier and less costly to find and exploit vulnerabilities, transforming an arms race in cyber threats.
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Rethinking Security for Crypto Protocols: Traditional audits may not suffice against AI-enabled attacks; Guillemet advocates for formal verification using mathematical proofs and suggests investing in hardware-based security solutions.
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Shift towards Stronger Security Practices: Crypto users are urged to adopt more secure practices, including cold storage, stronger operational security, and keeping sensitive data offline to mitigate risks.
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Divide in Security Investments: Critical crypto systems, especially wallets and protocols, are likely to invest heavily in security, while the broader software ecosystem may struggle to keep up, leading to a widened security gap.
