Crypto token’s 50% wipeout shows magnitude of AI-hacking threat

▤ Summary

A Zcash vulnerability discovered with help from Anthropic’s Claude triggered a sharp selloff in the token. The flaw had existed for years and could have allowed an attacker to create unlimited tokens. The story highlights how AI tools are speeding up both defensive security research and offensive hacking. It also shows how security incidents can quickly damage trust and market value in crypto software networks. The broader takeaway is that AI is raising the stakes for software security across the crypto industry.

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