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Canadian crypto remittances to Asia surge 141% to $2.36 billion: Chainalysis

Canadian crypto remittances to Asia surge 141% to $2.36 billion: Chainalysis

CoinDesk reports:

Even if Ethereum researcher Justin Drake’s assessment that artificial intelligence could break cryptography ultimately proves correct, critics argue that “bunker mode” is an impractical suggestion and unlikely to safeguard your crypto assets.

If rising geopolitical tensions weren’t enough to cause concern, now it’s the crypto industry’s turn to go into nuclear alert mode.

The industry is actively debating a cryptographic doomsday scenario: attackers could use AI scenarios that once seemed distant but are now more plausible to derive private keys from public keys, putting everyone’s encrypted assets at risk.

Last Wednesday, Drake called for the development of a “safe mode” plan, arguing that AI’s “humbling”…

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