AI poses greater threat to Bitcoin than quantum computing, Swan founder says
Swan Bitcoin founder Cory Klippsten said AI-enabled attacks pose a nearer-term security threat to Bitcoin and crypto companies than quantum computing. He argued that hackers can use large language models to search for vulnerabilities, while quantum computers capable of breaking Bitcoin’s cryptography may still be at least a decade away. He said Bitcoin could adopt quantum-resistant protections if needed, but rushing them would add complexity, and warned firms against relying on hastily developed security software. His remarks came amid reported exchange breaches: Mercado Bitcoin suspended deposits and withdrawals after an incident, with researchers estimating more than $46 million had left its wallets; the FBI reportedly attributed a separate $6.3 billion Binance hack to North Korean hackers. Klippsten also called some quantum-risk concerns fundraising-driven FUD.
