Security· ★★★★· bearish·

AI auditors find old crypto code flaws in Zcash, Coldcard as attacks rise

  • A 2022 Zcash Orchard pool vulnerability allowed unlimited creation of counterfeit ZEC
  • A 2021 Coldcard firmware weakness led to the theft of 1,600-1,800+ BTC worth $100 million+
  • Malicious on-chain records rose from 2.06 to 11.1 per day, a 440% increase
  • An attack via the Bankr AI agent drained about 3 billion DRB worth $150,000-$200,000
Why it matters: AI is making code audits cheaper while lowering the barrier to attacks, changing the security economics of crypto protocols.
Source: Bitcoin.com