Published • loading... • Updated
Ethereum Researchers Warn AI Could Crack Crypto Before Q-Day
Drake said a gradual shift to fresh addresses could reduce exposure if AI advances let attackers derive private keys from public keys.
- On Wednesday, Ethereum Foundation researcher Justin Drake urged the blockchain industry to prepare for 'bunker mode,' recommending users gradually move assets to fresh addresses amid concerns that artificial intelligence could undermine ECDSA cryptography securing Bitcoin and Ethereum wallets.
- Prompted by recent OpenAI research, Drake stated ECDSA security could be compromised in 'months, not years,' arguing that elliptic curves are especially vulnerable to superintelligence and pose threats sooner than quantum computers.
- Data from Glassnode indicates more than 31% of the Bitcoin supply—6.26 million BTC—sits in potentially vulnerable addresses. Drake advised large holders to migrate funds to fresh addresses where public keys remain hidden behind a cryptographic hash, reducing exposure to attacks.
- Ethereum co-founder Vitalik Buterin agreed the industry should take AI risks seriously but does not 'recommend anyone scramble' to move funds today. Dragonfly managing partner Haseeb Qureshi labeled the warning 'cryptographic doomerism,' arguing that simple asset migration fails to solve the underlying threat.
- The Ethereum Foundation continues developing a long-term post-quantum roadmap targeting infrastructure around 2029. Qureshi proposed a 'Cryptographic Recovery Mode' as a backup signature plan, while institutional providers including BitGo and Coinbase explore post-quantum custody solutions.
Insights by Ground AI
Podcasts & Opinions
30 Articles
30 Articles
Justin Drake (Ethereum) offers the "bunker mode" to protect Bitcoin and ETH against a potential break in ECDSA-assisted cryptography...
CointelegraphReposted by 
The New York Ledger
The New York LedgerEthereum Researchers Warn AI Could Crack Crypto Before Q-Day
Ethereum co-founder Vitalik Buterin has backed a warning from Ethereum researcher Justin Drake that advances in artificial intelligence could threaten the cryptographic algorithms used to secure crypto wallets.
·New York, United States
Read Full Article
Dragonfly's Qureshi Slams 'Bunker Mode' as 6.26 Million Bitcoin Sit in Vulnerable Addresses
Haseeb Qureshi isn’t buying the bunker strategy. The managing partner at Dragonfly pushed back hard on what he calls “cryptographic… Read the original on Dragonfly’s Haseeb Qureshi Critiques ‘Bunker Mode’ Amid ECDSA Vulnerabilities. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Coverage Details
Total News Sources30
Leaning Left0Leaning Right0Center4Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
