Ethereum researcher's AI security warning stirs debate as bitcoin extends slide: Crypto Markets Today
Summary
Bitcoin fell about 4% from Tuesday’s high before recovering, while the CoinDesk 100 declined nearly 2% in 24 hours. Ethereum Foundation researcher Justin Drake urged gradual preparation for a possible future break of wallet elliptic-curve signatures, arguing AI could accelerate mathematical advances. Vitalik Buterin said the risk merits attention but discouraged rushed fund movements; Jan3 CEO Samson Mow dismissed the warning as overblown. Meanwhile, U.S. Treasury yields rose ahead of a bond auction, and Fed minutes showed all 19 officials supported September’s rate increase, with most expecting another hike may be appropriate by year-end.
