AI Agents and Crypto Wallets: Understanding the Safety Risks
While this technology promises convenience, it brings serious security concerns that every crypto user needs to understand.
The Rise of AI-Powered Crypto Management
In October 2025, Coinbase launched a tool called Payments MCP that gives AI systems like ChatGPT, Claude, and Gemini direct access to crypto wallets. These AI agents can now create wallets, send payments, and manage transactions using simple text commands—no coding required.
The technology exploded in popularity almost overnight. The x402 payment protocol that powers these AI agents saw a 10,000% surge in activity, processing nearly 500,000 transactions in just one week. This dramatic growth shows how quickly people are adopting AI-powered crypto tools.
The market for AI…
