Artificial intelligence is a Sword of Damocles dangling over crypto — but Wall Street isn’t quailing, says Coinbase.

Anthropic’s new Claude Mythos AI model is able to exploit security vulnerabilities autonomously and therefore threatens crypto markets, according to a second-quarter outlook by Coinbase and Classnode. In theory, it could hammer key weak points across protocols, exchanges, and infrastructure.

But that’s not shaking institutional investors’ confidence in Bitcoin, David Duong, Coinbase’s global head of investment research said in a note shared with DL News.

He highlighted that three‑quarters of institutions “still see Bitcoin as undervalued” despite the short-term fears clouding the market’s…